MarketPulse is a free quarterly report that presents analysis and insight
into delinquency and prepayment trends for the prime, subprime , home equity,
second liens and mortgage and asset-backed securities markets.loanperformance.firstam . New DRIVE(TM) Product Predicts Fraud and Loss With Extreme Accuracy

CHESTERFIELD, Mo .com/cgi-bin/prnh/20050809/CGTU002LOGO )
Mr. DRIVE(TM)'s fully automated
"one stop verification shop" solution streamlines or eliminates many of these
diverse verification steps resulting in the ancillary benefit of increased
workflow efficiency and reduced loan approval timeframes.

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The first is by
GMAC-RFC entitled: "Delinquency Dynamics: Servicer Effects," authored by John
E.
The second study, entitled "Why Have Subprime Loans Been Prepaying so
Fast?" is authored by Ralph DeFranco of Triad Guaranty and Paul Calem of
LoanPerformance.com. Halper has more than 30 years of experience dealing exclusively with
mortgage fraud, due diligence, quality control and loss mitigation issues.

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This latest report features two industry-related studies. 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.

AppIntelligence Founder Launches Next Generation Loss and Fraud Mitigation Company - DataVerify(TM)

These numbers indicate that mortgage fraud is growing at geometric proportions
and could exceed $2 billion in costs to the mortgage business in 2005. Lenders interested in a free
demonstration of DataVerify's DRIVE (TM) solution and ROI analysis should
contact the DataVerify sales division at (866) 895-3282 or visit DataVerify at
http://www.

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LoanPerformance is a subsidiary of First American Real Estate Solutions
and a member of The First American Corporation (NYSE: FAF) family of
companies.newscom .
For example, extensive blind sample tests of DataVerify's new DRIVE(TM)
system have yielded unparalleled results in several new categories of
performance, not found in existing data integrity systems.

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"These dramatic findings validate our
contention that the impact of poor or false data integrity can be directly
correlated with lender's credit and repurchase losses.

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com.
Considered a pioneer in the area of automated fraud prevention systems, he
developed DISSCO, the first such system of its kind in 1997. Halper.dataverify.

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Mortgage industry professionals interested in receiving MarketPulse can
sign-up by filling out the electronic form in the MarketPulse section of the
LoanPerformance Web site at http://www. Powered with more robust exterior database
sources, superior predictive analytics and a comprehensive array of new and
advanced features, DataVerify's products outperform the capabilities of
existing legacy fraud prevention systems by significant margins.
Additionally , many of the verifications that are included in DRIVE(TM) are
currently performed by lenders using time-intensive manual processes or a
scattered array of variant reporting systems.com .

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Latest Issue of LoanPerformance MarketPulse(TM) Now Available

loanperformance.
This comprehensive data verification workbench has not only been proven to be
the best performing fraud detection solution in existence , but even more
importantly has proven to be a superior predictor of default and credit loss
performance . DataVerify offers clients a single end-to-end solution that provides
"best-in-practice" data-mining , rules engines, artificial intelligence,
relational databases and powerful analytics creating new insights into
mortgage risk assessments, loss predictability and mitigation, operational
strategy , product offering design and pricing and marketing initiatives.

Segments of the field services industry include inspections (residential mortgage, insurance

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Contacts:
Carrie Gaska
(714) 701-3265
cgaska@firstam.
(Logo: http://www.
At DataVerify, Mr.

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com and
http://www.

The First American Corporation (NYSE: FAF), a Fortune 500 company that
traces its history to 1889, is the nation's largest data provider. Standard + Poor's Structured Finance Group estimated the
annual cost of mortgage fraud in 2003 at 3 basis points, or $1.

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These new
technological advancements allow lenders to predict fraud and mitigate loss
with unprecedented accuracy while increasing workflow efficiency and reducing
loan approval timeframes at the point of sale.

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com. 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. As the mortgage industry moves away from paper-based processes
into electronic processes, there is an ever-widening realization that data
integrity has a dramatic impact on each step throughout the loan origination
process.

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The company's data and suite of predictive
prepayment and risk modeling solutions enable mortgage originators, servicers,
securities issuers and investors to make informed business decisions about
credit risk, loss mitigation, customer retention , securitization and
investment.
DRIVE(TM) includes the most robust third party enrichment data sources
overlaid with a leading-edge suite of models and algorithms including decision
trees, neural networks, and linear and logistic regression analysis tools.

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The
summary data in each issue of MarketPulse is extracted from the
LoanPerformance industry-leading mortgage servicing and securities databases. Mr.

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, It was announced today that
former founder and CEO of AppIntelligence, Steve Halper , has launched a
company named DataVerify, which offers a new first-in-class generation of
automated data integrity tools. Halper has
also developed systems to mitigate losses due to fraud and other default
issues in reputable firms such as Fannie Mae, Chemical/Chase, Citicorp,
Lehman/Aurora , AppIntelligence and others. In 2004, the number
of suspicious activity reports submitted to the FBI nearly tripled to 17,127,
from 6,936 in 2003.

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Sjaastad, Jason Vinar, Philip Jones and Jeremy Prahm, all of GMAC-RFC's
Quantitative Systems Development Group. In
addition, MarketPulse's regular features explore recent trends for mortgage
delinquencies and prepayments.firstamres. In addition , Mr."
DataVerify's new DRIVE(TM) solution is particularly timely given the
accelerated growth losses associated with mortgage fraud.

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- Quarterly Report Highlights Studies on Servicing Effectiveness , Subprime
Prepayments, National Delinquency and Prepayment Trends -

SAN FRANCISCO , LoanPerformance, a
subsidiary of First American Real Estate Solutions (RES(R)) and a leader in
residential mortgage data and analytics, today announced that the latest issue
of its MarketPulse report is available for download at
http://www. The study examines the role of the
servicer in effecting delinquency transition rates. LoanPerformance's databases track the delinquency and prepayment
performance of 46 million active individual mortgage payments per month and
provide loan-level information on more than $1 trillion in non-agency mortgage
and asset-backed securities.72 billion in 2004,
First American has 31,000 employees in approximately 2,000 offices throughout
the United States and abroad. Halper has created a new loss and fraud mitigation
system called DRIVE(TM) (Data Risk Intelligent Verification Engine).
"The bottom line benefit to mortgage lenders is the realization that the
DRIVE(TM) system can successfully predict large mortgage losses early on in
the origination process mitigating two thirds or more of the lender's key loss
risk categories," said Mr.
DataVerify's new DRIVE(TM) system maximizes customer return on investment
by leveraging decades of fraud and loss mitigation experience to establish new
technical standards of accuracy, agility and reliability delivered at a lower
cost structure than competitive products.

About DataVerify
DataVerify Corporation is the preeminent provider of loss and fraud
mitigation and decision management solutions powered by advanced analytics and
technology.

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This study explores the recent acceleration of subprime
prepayments, offers explanations of the phenomenon and highlights the
implications for users of the LoanPerformance RiskModel forecasting tool. With revenues of $6.2 billion,
based upon data furnished by the Prieston Group.

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Each issue
also contains a "RiskView" section with valuable insights from leading
thinkers on the prime, subprime and securities mortgage marketplace.

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Using data collected by a
GMAC-RFC business line that purchased and resolved seasoned, distressed
assets , the authors and their colleagues have investigated the differences in
transition rates and outcomes between paying and non-paying delinquent loans
and also the effects of servicer strategy and operational capabilities on
subprime mortgage performance. More information about the company and an
archive of its press releases can be found at http://www.com
or
John Lewis
(202 ) 261-6548
john@campbelllewis.com

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com. For additional information, visit http://www.loanperformance. Halper has
provided consulting on such issues to Fair Isaac and Countrywide.

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More specifically,
the DRIVE(TM) system displayed the profoundly accurate ability to identify
large credit losses (96% detection rate), repurchases (66%), delinquent
accounts (65 %) and foreclosures (81%) in addition to a record high 87% fraud
detection rate. According to FBI statistics,
during the first half of 2005, there were 642 pending mortgage fraud cases
before the FBI, compared to a total of 534 cases for the entire year of 2004.

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