An Arizona man planned to build his retirement home on a plot of land he bought 20 years ago. The problem: It was sold for $200,000 without him knowing. [Business Insider]
First American Corporation (New) (FAF)
Last first american corporation (new) earnings: 4/23 06:45 am
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Source: Business Insider
The buyers of the property were refunded but Gordon had to fight to get his property back. Get the inside scoop on today's biggest stories in business, from Wall Street to Silicon Valley — delivered daily. In March 2023, William Gordon received a letter in the mail from his title company congratulating him on the $200,000 sale of his Tucson, Arizona, property. The catch: He hadn't listed it for sale. Gordon noticed almost immediately that the congratulatory letter was off. "I noticed the last four digits of the social security number were not mine and the address was wrong — the mail shouldn't have even gotten to me," Gordon told Insider. Gordon, 65, bought the undeveloped, 3 1/3-acre property in 1999 for $76,500, Pima County property records show. He's been paying regular mortgage payments on the land and had around $9,000 left to pay on the loan, he said. Gordon is one of many property owners that have been on the receiving end of real-estate-related fraud. In 2022, 11,
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FAF
Earnings
- 10/22/25 - Beat
FAF
Sec Filings
- 12/23/25 - Form 4
- 12/4/25 - Form 4
- 11/12/25 - Form 4
- FAF's page on the SEC website