First American

Information Network

B G b kBen GraboskeMarch 2010

The First American Information NetworkThe First American Information Network

PartnerProgram

Information Net o kNetwork

ValueMapWeb ToolsAVM(Data Co-Op)

First American Internal and Customer Use Only

Partner Information Network

PIN

Partner Information NetworkIN

AVMWeb

What is it?The Partner Information Network is a value exchange between First American and the MLS community based on listing information

What’s it for?What’s it for?Lenders and financial institutions who are struggling to make good underwriting decisionsstruggling to make good underwriting decisions

Your MLS information can help them lend betterA healthier lending environment benefits all

The value created by these solutions will be shared between First American and our MLS Partners

First American Internal and Customer Use Only

Partner Information Network

PIN

Partner Information NetworkWhat First American Brings

D l ti hi ith fi i l i tit ti

IN

AVMWeb

Deep relationships with financial institutionsReputation for information leadershipD l t b ild l ti i MLS D tDevelopers to build new solutions using MLS DataSales force to market & distribute solutions to financial institution clientsfinancial institution clientsAll technology & supportExpert trusted data custodianExpert, trusted data custodianLegal resources to pursue & prosecute data abusersValue created will be shared with our MLS partnersValue created will be shared with our MLS partners

First American Internal and Customer Use Only

PIN

MLS Data UsesIN

AVMWeb

Permitted UseRisk Management

Non-Permitted UseConsumer facing

Fraud DetectionUnderwriting

MarketingSoliciting Agents, B k CAsset management

Portfolio review

Brokers, or Consumers

ServicingValuations

How MLS Data will help

PIN

How MLS Data will helpLenders make better decisions

IN

AVMWeb

Listing reportsE.g. verify short sale property is listed for sale

Report typesBrief: status, sales price, list dateDetailed: photo, etc.

Provision MethodsStand-alone reportsAddendums to public record reports, fraud reports, etc.

First American Internal and Customer Use Only

First American’s Leading Market PositionsWe are the #1 provider of the following information & analyticWe are the #1 provider of the following information & analytic products and solutions to Lenders, Servicers and Financial firms:

Fraud ToolsValuation – Appraisal, BPO, AVM, appraisal validationUnderwriting decision supportFlood DeterminationsProperty Tax MonitoringMerged Credit Reports

People we work with at these firms:Presidents & CEOs of top lendersChief AppraisersHeads of Servicing, Fraud Management, Collateral Risk Management, Underwriting and Quality Control

First American Internal and Customer Use Only

g Q y

A few of our financial institution clients

First American Internal and Customer Use Only

PIN

MLS Royalty CalculationIN

AVMWeb

Your Royalty Opportunity is proportional to the number of listings that you contribute to the entire Listing Pool

Your Royalty Percentage:Exclusive partners, up to 40%Non-Exclusive partners, up to 17%

Royalties increase for all MLS participants as the number ofRoyalties increase for all MLS participants as the number of Listings in the pool increases

First American Internal and Customer Use Only

The First American Information NetworkThe First American Information NetworkWeb Tools

PartnerProgram

Information Net o kNetwork

ValueMapWeb ToolsAVM(Data Co-Op)

First American Internal and Customer Use Only

The Web Information Network

PIN

The Web Information Network(Data Co-op)

ll S bli h d h i h h

IN

AVMWeb

Allows MLSs to establish and manage Data Exchanges with other MLSs in a flexible manner

One solution to support all types ofOne solution to support all types of data sharing requirements and initiatives

MLSs are in control

Available to any MLS

Unified tax, MLS, demographic content

Available at no additional charge for exclusive partners

First American Internal and Customer Use Only

How it Works –

PIN

How it Works Web InfoNet Control Panel

f

IN

AVMWeb

Each Participating MLS has full control over sharingOpt in/Opt out based on your preferencesSharing arrangements can be modified over time withoutSharing arrangements can be modified over time without changes to the underlying technology

First American Internal and Customer Use Only

Nationwide Map-based search Distressed Property Overlaps

PIN

Distressed Property Overlaps Trending & Heat maps

IN

AVMWeb

First American Internal and Customer Use Only

New Innovations –

PIN

New Innovations Drive-time Polygon

IN

AVMWeb

First American Internal and Customer Use Only

Thematic Mapping &

PIN

Thematic Mapping &Demographic Information

IN

AVMWeb

Listings Enhanced withProperty Information for

PIN

Property Information for Outside of Your Market Area

IN

AVMWeb

First American Internal and Customer Use Only

The First American Information NetworkThe First American Information NetworkAVM

PartnerProgram

Information Net o kNetwork

ValueMapWeb ToolsAVM(Data Co-Op)

First American Internal and Customer Use Only

ValueMap AVM A consumer-facing web tool

PIN

A consumer facing web toolfor brokers & agents

IN

AVMWeb

First American Internal and Customer Use Only

ValueMap AVM Email notification of recent sales

PIN

Email notification of recent salesIN

AVMWeb

First American Internal and Customer Use Only

ValueMap AVMs are used today toenhance the consumer experience

PIN

enhance the consumer experienceand build the brand

IN

AVMWeb

First American Internal and Customer Use Only

SummarySummaryReasons to Join the Information Network

Your information can benefit lenders & borrowersYour information may be mis P tYour information may be mis-used todayYour members will benefit from

PartnerProgram

Your members will benefit from the web tools, AVM, and value exchange Information g

Network

ValueMapAVM

Web Tools(Data Co- AVM(

Op)

First American Internal and Customer Use Only