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Business Description
The First American Corporation is engaged in the business of providing business information and related products and services. The Company has seven segments that fall within two business groups: financial services and information technology (IT). The financial services group includes title insurance, specialty insurance and trust and other services. The IT group includes mortgage information, property information, credit information and screening information. In February 2003, the Company acquired Infinity Information Solutions, Inc., a provider of lien release information. In June 2003, the Company added to its title information business with the acquisition of Abstracter's Information Services, Inc.

Financial Information
For the nine months ended 9/30/04, revenues rose 7% to $4.92 billion. Net income fell 22% to $278.7 million. Results reflect an increase in average revenues per order closed, offset by increased expenses on salaries and other personnel costs.