{"schema_version":"secwatch.filing_event.v1","accession":"0001564590-22-016226","form_type":"8-K","ticker":"FAF","cik":"0001472787","company_name":"First American Financial Corp","filed_at":"2022-04-28T23:59:59+00:00","discovered_at":"2026-05-14T18:04:00.838190+00:00","generated_at":"2026-06-26T03:21:17.650066+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"First American Q1 net income drops 58% to $98M; refi orders down 62%","bullets":["Diluted EPS $0.88 vs $2.10 YoY; adjusted EPS $1.17 excluding $0.29 net investment losses.","Total revenue flat at $2.0B; commercial revenue up 48% to $242M.","Closed title orders down 29% (refi -62%); average revenue per order up 40% to $2,969.","Title pretax margin 11.0% (9.7% excl net gains) vs 15.2% last year.","Repurchased 3.25M shares YTD for $210M at avg price $64.64."],"urls":{"canonical":"https://secwatch.observer/filing/0001564590-22-016226","json":"https://secwatch.observer/filing/0001564590-22-016226.json","markdown":"https://secwatch.observer/filing/0001564590-22-016226.md","text":"https://secwatch.observer/filing/0001564590-22-016226.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1472787/000156459022016226/0001564590-22-016226-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1472787/000156459022016226/faf-8k_20220428.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-26T03:21:17.650066+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}