First American Financial Corporation (NYSE: FAF), a leading global provider of title insurance, settlement services and risk solutions for real estate transactions, today announced the appointment of Jon Wierks as vice president in First American’s data and analytics division.
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In his new role, Wierks is responsible for further enhancing existing automated valuation and collateral risk analytics initiatives and products. Wierks will leverage First American’s best-in-class data assets to develop new, innovative solutions to help mortgage lenders, portfolio managers and investors reduce risk and increase efficiency through accurate and predictive analytics tools.
“Jon is among the most influential experts in valuation analytics and has helped shape many of the valuation models in use today, so we’re pleased to welcome him to First American,” said Dennis Gilmore, chief executive officer at First American Financial Corporation. “His expertise will strengthen our position as a leader in valuation analytics and enhance the value we provide to customers across the mortgage loan lifecycle.”
Wierks joins First American with nearly three decades of experience in the real estate and valuation industry, and is recognized for developing automated valuation models (AVMs) that have been widely emulated across the industry. He has extensive experience collaborating with the largest users of AVM products in the industry and is a frequent speaker at leading industry conferences.