The First American
Corporation (NYSE: FAF), the nation's largest data provider, today announced
the launch of First American MLS Solutions, a new division of First American
Residential Group. The division will combine the organizations and services of
First American subsidiaries MarketLinx(R) Solutions and Interealty to provide
customizable Web-based solutions for multiple listing services (MLSs) and real
estate associations through a single entity.
"Our strategy is to provide real estate professionals, buyers, sellers and
borrowers with a fully integrated experience that includes all of the services
necessary to close a real estate transaction." said Parker S. Kennedy,
chairman and chief executive officer of The First American Corporation.
"Combining these two organizations into one division will help further extend
the First American brand in the homebuying process and produce significant
efficiencies that will benefit existing MarketLinx and Interealty customers."
First American is already the leading Web-based MLS technology provider
and has established a strong market position through the success of both
MarketLinx and Interealty. Currently, the two companies together provide a
full line of products and support services to nearly half a million real
estate professionals in North America. First American MLS Solutions will
continue to offer the technology of both companies.
Bryan Foreman of Interealty has been appointed president of the new
division and will report to Stephen C. Roney, president and chief executive
officer of First American Residential Group. Thad N. Shows of MarketLinx will
assume the position of vice president, residential strategic IT operations and
development, with First American Title Insurance Company. Shows will be
responsible for the integration of all MLS, residential and title products,
reporting to Larry Godec, senior vice president and chief information officer
of First American Title Insurance Company.
"By offering our MLS products and technologies through one division under
single leadership, we are taking the next step toward a unified, end-to-end
solution that reduces the cost and time associated with residential real
estate transactions," said Roney. "The formation of First American MLS
Solutions allows us to further improve our high-quality MLS services and
technologies."
"The unification of our MLS solutions enhances our overall value
proposition to our customers, enabling us to capitalize on the strengths of
both MarketLinx and Interealty," said Foreman. "First American will continue
to lead this market through our unsurpassed dedication to client service.
MarketLinx and Interealty service teams will remain intact and continue to
support and enhance existing technology systems under the new division. The
trust our clients have placed in us is our most important asset."

About First American Residential Group
First American Residential Group is a subsidiary business line established
by The First American Corporation in 2002 to address the real estate
brokerage, MLS and relocation market segments with the full array of First
American capabilities. Its systems streamline real estate listing, financing
and closing processes, resulting in increased efficiency and profitability.
First American Residential Group operating units include First American MLS
Solutions, the nation's leading provider of MLS systems and real estate
software in North America; and Relocation Advantage and Certified Closing
Network, leading providers of closing management services to relocation
companies. For more information, visit: http://www.residential.firstam.com .

About The First American Corporation
The First American Corporation (NYSE: FAF), a FORTUNE 500(R) company that
traces its history to 1889, is the nation's largest data provider. First
American combines advanced analytics with its vast data resources to supply
businesses and consumers with valuable information products to support the
major economic events of people's lives, such as getting a job, renting an
apartment, buying a car or house, securing a mortgage and opening or buying a
business. The First American Family of Companies, many of which command
leading market share positions in their respective industries, operate within
six primary business segments, including: Title Insurance and Services,
Specialty Insurance, Mortgage Information, Property Information, Credit
Information and Screening Information. With revenues of $6.72 billion in 2004,
First American has approximately 2,000 offices throughout the United States
and abroad. More information about the company and an archive of its press
releases can be found at http://www.firstam.com .

David Schulz
Corporate Communications
The First American Corporation
(714) 800-3298
dschulz@firstam.com