First American Title launches new division

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First American Title Insurance Co. has launched a new Mortgage Services division.

The move consolidates two existing divisions: National Lenders Advantage and Equity Loan Services.

The company has an office in Colorado Springs at 6005 Delmonico Drive.

The consolidated program will offer title insurance, settlement and valuation or appraisal services to residential loan originators.

First American Title has worked with originators in closing mortgages since 1983, when the former two branches were both created. The launch comes after a successful second quarter when First American Title reported a net income of $33.8 million, up 18 percent from a year ago.

First American Title Insurance is a subsidiary of First American Financial Corporation, an international financial servicing firm.