FirstAm, Dorado Plan Common Launch

First American Corp., Santa Ana, Calif., and Dorado Corp., San Mateo, Calif., have announced jointly developing a common, unified point-of-sale platform.The new platform will combine Dorado ChannelMaster enterprise lending software and Dorado SourceMaster intelligent ordering software with First American's Web services-based vendor management platform, the companies said. The new platform, scheduled to be available by the end of first-quarter 2006, is designed to offer lenders on-demand loan processing and fulfillment at the point of sale. The companies currently provide integrated POS solutions to EverBank, Oak Street Mortgage, and Union Bank of California. Dorado ChannelMaster provides on-demand, POS access to third-party services. Its SourceMaster is a rules-based settlement services platform. First American's Web services-based vendor management platform offers state-of-the-art bundling and third-party services procurement, the companies said. First American can be found online at http://www.firstam.com, and Dorado can be found at http://www.dorado.com.