First American Financial acquires assets of Market Data Center LLC


December 17, 1998, SANTA ANA, CALIFORNIA

The First American Financial Corporation (NYSE: FAF), the leading provider of real estate-related financial and information services, announced today that it has acquired the assets of Market Data Center LLC of Atlanta, Ga. The terms of the acquisition, which was completed on December 15, 1998, were not disclosed.

Market Data Center is a 30-year-old company providing real estate information services to appraisers and real estate agents in six states. The company, which has its headquarters in Atlanta, will continue to operate as Market Data Center. Tom Fore will continue as president of the 35-employee company, reporting to George Livermore, senior vice president and division manager of First American Real Estate Solutions, a division of First American Real Estate Information Services.

The First American Financial Corporation, based in Santa Ana, Calif., is the nation's leading provider of real estate-related financial and information services. The corporation's subsidiaries include First American Title Insurance Company, a national and international title insurer; First American Real Estate Information Services, Inc., which offers tax monitoring, credit reporting, property data services, flood certification, field inspection services, appraisal services, loss mitigation, mortgage loan origination and servicing systems, and mortgage document preparation nationally; First American Home Buyers Protection Corporation, a home warranty company; and First American Capital Management, Inc., an investment advisory firm. The corporation also operates First American Trust Company and First Security Thrift Company in Southern California. First American Financial has more than 17,000 employees in over 400 branch offices in the United States and abroad. Information about the company's subsidiaries and an archive of its press releases can be found on the Internet at http://www.firstam.com.

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