Roost.com Partners with First American CoreLogic to Offer National Foreclosure Listings to Investors

SAN FRANCISCO--(BUSINESS WIRE)--Roost, Inc. (www.roost.com), the fastest, most comprehensive search engine for finding your dream home, announced today that it has partnered with First American CoreLogic, a member of The First American Corporation (NYSE:FAF) family of companies and America’s largest provider of advanced property and ownership information, analytics and services, to add foreclosure listings from First American CoreLogic to Roost.com's already comprehensive database of homes for sale. This partnership offers real estate investors fast and easy access to information on more than 1.5 million foreclosed homes nationwide.

Roost.com has combined its award-winning search technology and user-friendly design to show foreclosures in an easy-to-understand, color-coded format. Users can instantly get shorthand information on each foreclosure property – street, size, bedrooms, etc. – as well as its foreclosure status, from just-announced foreclosure to auction, bank sale or reintroduction to the general real estate market. With this partnership, investors will now be able to view summary property-level foreclosure data with instant access to RealQuest, First American CoreLogic's, online property record Web site, where detailed property-level reporting is available on 97 percent of all U.S. properties.

“We are excited to have Roost.com become one of our national data syndication distributors,” said Michael Maron, senior vice president of First American CoreLogic. “Roost.com offers a high quality consumer experience for home sale listings and a commitment to quality that is a core value of both of our companies. Roost's superior search technology enables real estate investors and homebuyers to act on great property opportunities quickly and thoughtfully, especially during the current downturn in the real estate market," added Maron.

“The upside of these challenging economic times is that real estate investors can help reinvigorate some markets, especially those hardest hit by the mortgage meltdown,” said Alex Chang, Roost chief executive officer. "Because we offer listings at every stage of the foreclosure process, real estate investors can jump on immediate opportunities, while homes that don't sell right away or at auction will be reintroduced to the traditional market, giving everyday homebuyers a chance to purchase their dream home."

How Roost.com Works

Roost.com is a blazing-fast search engine that sits atop a hosted network of IDX, or Internet Data Exchange, sites. IDX is the national data sharing standard among all real estate brokers. Most popular real estate search sites are listing aggregators, and unlike IDX sites these sites get their listings for properties for sale from a variety of sources including brokers, magazine publishers, newspapers, other software companies, and sometimes, even each other. The result is often inaccurate and incomplete data, leading to frustration for home buyers.

Additionally, the Roost.com platform helps real estate professionals form new connections with new potential clients, serving as an important ally for real estate agents struggling to stay afloat in one of the most difficult housing markets in history.

Roost.com currently offers access to homes and condos for sale in thousands of cities across the nation including; Atlanta; Austin; Baltimore; Boise; Boston; Chicago; Dallas; Denver; Fort Worth; Houston; Las Vegas; Miami; Minneapolis; Nashville; Orange County; Orlando; Philadelphia; Phoenix; Portland; Sacramento; San Diego; San Francisco; Seattle; St. Paul; Tampa; St. Louis; and Washington, D.C. areas.

Roost was awarded the 2008 Innovator Award for Most Innovative Technology from Inman News, the leading source of independent real estate news and opinion for the industry.

Founded in 2007, Roost, Inc. is based in San Francisco. To start your home search, visit http://www.roost.com.

About First American CoreLogic

First American CoreLogic, a member of The First American Corporation (NYSE:FAF) family of companies, is the largest provider of real estate, property and ownership data and advanced analytics for information on foreclosures, delinquencies, median home prices, home price indices, home valuations, sales activity and mortgage loan originations. The market-specific data covers 7,620 ZIP codes, 958 Core Based Statistical Areas (CBSA) and 3,050 counties located in all 50 states and the District of Columbia. This data represents 99 percent of the United States population, 140 million (97 percent) of all properties, more than 50 million active mortgages and $2 trillion in loan-level, non-agency mortgage securities. First American CoreLogic’s products and services enable customers to better manage mortgage risk, protect against fraud, acquire and retain customers, manage credit risk, mitigate loss, decrease mortgage transaction cycle time, more accurately value properties and determine real estate trends and market performance. More information about First American CoreLogic can be found at www.facorelogic.com.