- Agencies Now Able to Rapidly Purchase and Deploy Property-level Information and Analytics - SANTA ANA, Calif., May. 19
SANTA ANA, Calif., May. 19 /PRNewswire-FirstCall/ -- First American
CoreLogic, a member of The First American Corporation (NYSE: FAF) family of
companies and a leader in residential mortgage data and analytics for the
mortgage industry and Wall Street, today announced that it has been awarded a
Federal Supply Schedule Contract by the General Services Administration (GSA),
allowing the company to offer its industry-leading real property information
services and analytics for direct sale to federal government organizations.
A Federal Supply Schedule Contract is the premier acquisition source for
federal agencies that are looking to simplify and streamline the government
procurement process. The contract allows customers in the public sector to
acquire a vast array of mission-critical products and services at
pre-negotiated rates that have been certified by the GSA as being the "most
favorable." Under the Financial and Business Solutions (Schedule 520-16),
First American CoreLogic (Contract # GS-23F-0020U) will be able to offer
customers access to comprehensive real property information solutions that are
powered by the nation's largest database of property, mortgage and ownership
information.
"The government market has been, and will continue to be, a priority for
us," said George Livermore, president of First American CoreLogic, Inc. "While
many agencies already trust us to deliver critical information and analytics,
completing the certification process provides these agencies with optimal
convenience, shorter lead-times and competitive pricing."
More information regarding First American CoreLogic's GSA certification,
including the current fee schedule, product catalog and contacts for sales and
client services, can be found at www.facorelogic.com/gsa.
About First American CoreLogic
First American CoreLogic, a member of The First American Corporation
(NYSE: FAF) family of companies, was formed through the merger of First
American Real Estate Solutions, America's largest provider of advanced
property and ownership information, analytics and services, and CoreLogic, the
leading provider of residential mortgage risk management and fraud protection
technology and services, and the acquisition of LoanPerformance, the leading
provider of mortgage performance data and analytics. The combined companies'
databases cover more than 3,000 counties, representing 99.1 percent of the
United States population, data on over 43 million active mortgages and over $2
trillion in loan-level non-agency mortgage securities. With more than 600,000
users nationwide, First American CoreLogic products are used by businesses to
improve customer acquisition and retention, better manage credit risk, loss
mitigation, securitization and investment, detect and prevent fraud, improve
mortgage transaction cycle time and cost efficiency, measure the value of
residential and commercial properties, identify real estate trends and
neighborhood characteristics, track market performance and increase market
share. More information about First American CoreLogic can be found at
http://www.facorelogic.com
About First American
The First American Corporation (NYSE: FAF) is a FORTUNE 500(R) company
that traces its history to 1889. With revenues of approximately $8.2 billion
in 2007, it is America's largest provider of business information. 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
five primary business segments, including: Title Insurance and Services,
Specialty Insurance, Information and Outsourcing Solutions, Data and Analytic
Solutions, and Risk Mitigation and Business Solutions. More information about
the company and an archive of its press releases can be found at
http://www.firstam.com.
Media Contact: Investor Contact:
Carrie Gaska Mark Seaton
Corporate Communications Investor Relations
The First American Corporation The First American Corporation
(714) 250-3298 - cgaska@firstam.com (714) 250-4264 - mseaton@firstam.com
SOURCE The First American Corporation
