SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

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                                    FORM 8-K

                                 CURRENT REPORT
                     PURSUANT TO SECTION 13 OR 15(D) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

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DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED)  FEBRUARY 9, 1999

                    THE FIRST AMERICAN FINANCIAL CORPORATION
             (Exact Name of the Registrant as Specified in Charter)

CALIFORNIA                            0-3658                      95-1068610
(State or Other Jurisdiction        (Commission                   (IRS Employer
of Incorporation)                  File Number)              Identification No.)

114 EAST FIFTH STREET, SANTA ANA, CALIFORNIA                          92701-4642
(Address of Principal Executive Offices)                              (Zip Code)

Registrants telephone number, including area code  (714) 558-3211

                                 NOT APPLICABLE
          (Former Name or Former Address, if Changed Since Last Report)


ITEM 5.           OTHER EVENTS.

See the  attached  Exhibit.  The full  impact of the change in the  Registrant's
revenue  recognition  policy  discussed  in the  attached  press  release is not
reasonably estimable at this time.

ITEM 7.           EXHIBITS

99                Press  Release  of The First  American  Financial  Corporation
                  dated February 9, 1999.

                                   SIGNATURES

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.


                                        THE FIRST AMERICAN FINANCIAL CORPORATION



Date: February 10, 1999                  By:  /s/ Thomas A. Klemens
                                             -----------------------
                                             Name:   Thomas A. Klemens
                                             Title:  Executive Vice President
                                                     and Chief Financial Officer