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by CareyBot

The First American Corp. announced today a merger of its First American Real Estate Solutions division with CoreLogic Systems Inc., a developer of mortgage risk assessment and fraud detection software. CoreLogic and First American RES are both based in Sacramento, Calif. For the time being, the merged companies will maintain separate staff and operations, and continue to offer existing products and services under both brand names. The company is evaluating "a future transition to a unified brand," The First American Corp. said in a statement. George Livermore, currently president of First American's Property Information and Services segment, has been appointed president of the new company. Steve Schroeder, formerly chief executive officer of CoreLogic, will oversee the mortgage risk a...