Kevin Wall, who abruptly departed First American as co-president of its title underwriter one week ago, has a new job: CEO of Title Resources Group.
Current CEO J. Scott McCall is becoming the privately held company’s vice chairman. The changes become effective July 28.
Last year’s acquisition of Doma boosted TRG to the fifth largest title underwriter at the holding company level behind the big four of Fidelity, First American, Stewart and Old Republic; by subsidiary, the First American business Wall headed had the largest market share, according to American Land Title Association data.
TRG wrote 2.9% of title premiums last year, while Doma did 1.8%. The pro forma 4.7% vaulted the holding company above Westcor Land Title, which accounted for 3.8%.
“Kevin’s proven ability to lead large, complex organizations and deliver results through innovation and operational excellence makes him the ideal leader for TRG’s next phase,” said Alan Colberg, chairman of the board, in a press release. “His deep industry expertise, client-first mindset and track record of building high-performing teams will be invaluable as TRG continues to expand its national footprint and deliver best-in-class solutions to our partners and customers.”
In his new role, McCall will work with TRG’s clients and partners, the press release noted.
Besides FATIC, which has a 22.2% market share, the ALTA data shows, Wall also headed up the company’s agent/lender group, which consists of the agency, mortgage solutions, Docutech, First American India, Servicemac and Firstfunding businesses, his LinkedIn profile noted.
“Joining Title Resources Group is an exciting new chapter in my career,” Wall said. “TRG’s commitment to innovation, customer service and partnerships with agents and lenders aligns perfectly with my own values.”
In 2013, Wall was hired as the president of First American Mortgage Services, coming to the company from the Solutionstar unit of what was then called Nationstar (now Mr. Cooper).
He also previously worked at Fortress Investment Group, Corelogic (now rebranded as Cotality) and Wells Fargo.
