First American Corp., Santa Ana, Calif., has announced an agreement to purchase LoanPerformance, a San Francisco-based advanced analytics supplier.The terms of the deal were not disclosed. The transaction, expected to close in April, is subject to the approval of LoanPerformance's shareholders. LoanPerformance offers risk analytics for benchmarking, predictive modeling, and market and securities analysis. It uses an industrywide cooperative database of more than 100 million loans contributed by the leading mortgage servicers, securitizers, and portfolio lenders in the United States. The companies can be found online at http://www.firstam.com and http://www.loanperformance.com.
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