Veros Software and First American Real Estate Solutions Announce Fifth Annual Predictive Methods Conference

Veros Software and First American Real Estate Solutions (RES) announced today that the companies will host the fifth annual Predictive Methods Conference (PMC) at the Four Seasons Pelican Hill Resort in Newport Beach, Calif., June 27-29, 2005.

Experts from the mortgage industry’s leading institutions will present and participate in three days of cutting-edge educational sessions on the latest advances in technology and applications affecting collateral risk.

“PMC has quickly become known as the conference for a truly substantive and interactive exchange of knowledge that influences the mortgage industry’s approach to collateral risk,” said Darius Bozorgi, president of Veros.

Attendees can expect panel discussion and workshops that offer insight and ideas they can implement in their own organizations, as well as networking opportunities with key industry leaders. Participants and attendees include representatives of Freddie Mac, Fannie Mae, JP Morgan Chase, Standard & Poor’s, Wells Fargo, Bank of America, Washington Mutual, GMAC-RFC, Countrywide, HSBC, Wachovia, National City Mortgage, New Century Mortgage, IndyMac, Ameriquest Mortgage, Ellie Mae, OptionOne Mortgage and many others.

“The mortgage industry is embracing a new breed of mortgage analytics that enhance market understanding and risk management,” said George Livermore, president of First American RES. “PMC provides a forum where industry leaders can access these vast intellectual resources in one place.”

Conference topics focus on technology issues covering fraud, insured valuations, regulatory compliance, collateral valuation platforms, forecasting, real estate data, secondary markets and other topics affecting the lending community. New for 2005, PMC will offer two parallel track sessions: one focused on business operations and strategy, the other geared toward technical implementation. This will allow attendees to customize their schedules and benefit from the diverse array of program options.

For additional information and registration details, visit www.pmc2005.com or call (714) 415-6310. PMC 2005 is organized by Veros Software and First American Real Estate Solutions. Sponsors of this year’s event are Pro-Teck, C&S Marketing, Clear Capital, American Reporting Company, Fiserv Lending Solutions, Marshall & Swift, October Research and Kraves Ronstadt PR. For benefits exclusive to sponsors, call (714) 415-6333 for more information.

Veros Software, located in Santa Ana, Calif., is shaping the future of mortgage technology through its continuous predictive technology and analytics leadership. Veros provides innovative solutions in automated valuations with meaningful confidence scores and the highest usable hit rates available for true value in any production setting. Veros currently delivers property valuations in 40 states and over 600 counties nationwide. In addition to its market-leading valuations, VeroVALUE also generates property fitness analytics; fraud detection; price trend information; appraiser-assisted valuations; secured valuations; AVMs with photos; and VeroFORECAST, an analytic tool that estimates future values and market stability. More information can be found at www.veros.com and www.verovalue.com.

First American RES, a member of The First American Corporation family of companies, is the nation’s largest provider of advanced property and ownership information, analytics and services. First American RES’ database covers more than 2,400 counties representing 97 percent of the nation’s real estate transactions. With more than 600,000 users nationwide, First American RES products are used by companies to improve customer acquisition and retention, 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 RES can be found on the Internet at www.firstamres.com.