VMS APPOINTS CONNIE CARLSON VICE PRESIDENT OF THE NATIONAL SERVICE BUREAU


April 26, 2001, MINNEAPOLIS

Vendor Management Services, Inc. (VMS) today announced that Connie Carlson has been appointed vice president of its National Service Bureau. VMS is a wholly owned subsidiary of The First American Corporation (NYSE: FAF).

Carlson manages a staff of more than 100 people at the National Service Bureau in Bloomington, Minn.  She is responsible for the growth and development of the call center that services all VMS national clients and processes from 40,000 to 50,000 orders per month for appraisal, title, credit and flood products.

Carlson, who served as operations manager of the National Service Bureau under RES-Direct, then a joint venture between The First American Corporation and Wells Fargo & Co., has more than 20 years of experience in the mortgage banking industry.  Previously, she was operations center manager for Value IT, a real estate appraisal service.

Carlson is a graduate of the University of Minnesota’s Management Development Program and a member of the Mortgage Bankers Association.  She lives with her husband, Leigh, in Minneapolis.

Vendor Management Services, Inc. (VMS) provides national mortgage lenders with a complete menu of solutions designed to reduce the cost of their operations, enhance the performance of their vendors and create new sources of revenue that add to the lenders’ net earnings. Information on VMS’ Bottom Line Solutions, which includes technology, workflow management, vendor management and new revenue generation, can be found on the company’s Web site at www.tvmsi.com.

The First American Corporation, based in Santa Ana, Calif., is the nation’s leading, diversified provider of business information and related products and services. The corporation’s three primary business segments include: title information and services; real estate information and services, which includes mortgage information services and database information and services; and consumer information and services, which provides automotive, subprime and direct-to-consumer credit reporting; resident screening; pre-employment screening; property and automotive insurance tracking services; property and casualty insurance; home warranties, investment advisory; and trust and banking services. Information about the company and an archive of its press releases can be found on the Internet at www.firstam.com.

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