- Location intelligence company finds 10,431 commercial, public and residential properties in the path of recent California wildfires -

AUSTIN, Texas, November 20, 2008 - The CoreLogic Spatial Solutions (FASS) business unit of CoreLogic Corporation (NYSE: FAF), America's largest provider of business information, today released its estimated property losses from the recent California wildfires.  As the fires continue to burn in parts of southern California and insured losses continued to mount, FASS used its extensive database of property information coupled with its ParcelPoint database to estimate that the actual residential property loss will likely reach more than $787 million. This number could top $1 billion when commercial property is added to the estimate.

According to the California Department of Forestry and Fire Protection (CAL Fire), more than 43,000 acres have burned and close to 1,000 properties have been destroyed. Given the large geographic exposure, heavily populated areas, and extent of the fires, FASS found the damage could have been much worse since approximately 10,431 commercial, public and residential properties were located within the combined perimeter of the three wildfires.  While all types of properties were in the path of the fires, FASS estimates the full exposure of the residential properties is valued at more than $5.8 billion with the average residence valued at $729,000 and a median value of $631,000.

"Analyzing data from CoreLogic Spatial Solutions shows how many properties can be affected by a wildfire in such a short time," said Howard Botts, vice president and director of database development.  "When compared to published reports, our data is able to forecast the potential risk for more than 95-percent of the homes that are exposed to the wildfires based on several key factors such as distance to natural wildlands and current drought conditions."

With only 695 properties exposed, the Tea Fire in the Montecito and Santa Barbara areas was actually the smallest fire but posed the highest level of risk with estimates of exposure reaching $632 million for residential properties. FASS estimates the total residential loss in this area will reach approximately $280 million with 200 homes impacted. In this area, the average price per house is $1.4 million with the median estimated at $1.3 million.  This fire is now 100 percent contained.

The Freeway Complex Fire, the largest wildfire in terms of area, targeted an estimated 8,430 properties with residential properties valued at $4.7 billion exposed the fires. In this area, the average price per house is estimated at $710,000 with the median estimated at $634,000.  This fire is now 100 percent contained.  The actual residential loss for this area is estimated by FASS to be approximately $224 million with 314 homes impacted. The Sayre Fire has an estimated residential loss of more than $283 million with approximately 500 homes, mostly mobile homes, impacted. FASS estimated 1,303 residential properties valued at $452 million were exposed to the fire.  In this area, the average price per house is estimated at $566,000 with the median estimated at $537.000.  This fire is now 95 percent contained.

Using the findings from U.S. Geological Survey of the fire perimeter, FASS ran the data through its ParcelPoint database to determine the potential number of properties exposed for each fire. Assigning latitude and longitude coordinates to each parcel boundary, the ParcelPoint database includes digitally converted and normalized parcel information and points for more than 2,100 counties and townships in the United States accounting for more than 100 million parcels nationwide. Once FASS determined the total number and location of properties in the path of the fires, it partnered with its sister division, CoreLogic Corelogic, to assign the dollar value.

About CoreLogic

The CoreLogic Corporation (NYSE: FAF) is a FORTUNE 500 company that traces its history to 1889. With revenues of approximately $8.2 billion in 2007, it is America's largest provider of business information. CoreLogic combines advanced analytics with its vast data resources to supply businesses and consumer with valuable information products to support the major economic events of people's lives, such as getting a job, renting an apartment, buying a car or house, securing a mortgage and opening or buying a business. The CoreLogic Family of Companies, many of which command leading market share positions in their respective industries, operate within five primary business segments including: Title Insurance and Services, Specialty Insurance, Information and Outsourcing Solutions, Data and Analytic Solutions and Risk Mitigation and Business Solutions. More information about the company and an archive of its press releases can be found at www.firstam.com.