FirstAm RES Buys Stake in ComplianceEase

First American Real Estate Solutions, Anaheim, Calif., a provider of property information and services, has formed a strategic alliance with -- and purchased a minority interest in -- ComplianceEase, a provider of regulatory compliance and risk management technology based in Burlingame, Calif.The terms of the transaction were not disclosed. As part of the strategic partnership, ComplianceEase's flagship product, ComplianceAnalyzer, will be tightly integrated into First American's mortgage technology platforms to provide lenders and investors with an automated compliance system, First American said. ComplianceAnalyzer automatically performs critical checks and calculations necessary to ensure compliance on every loan that is originated or purchased. The companies can be found on the Web at http://www.firstamres.com and http://www.complianceease.com.

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