FOR IMMEDIATE RELEASE

Press Release

Registry-SafeRent Introduces Unique Analytical Tool for Multifamily Property Performance Evaluation

Product offers the industry's only forward-looking property performance evaluation tool


ROCKVILLE, Md., March 18, 2004 - Registry-SafeRent, the nation's leading and most innovative provider of online resident screening, renters insurance, and employment screening exclusively designed for the multifamily housing industry, recently introduced Property Performance Analytics™, a breakthrough tool that evaluates multifamily properties based on aggregate resident risk, rent and deposit trends, and lease term to provide a composite review of current property performance and potential future loss exposure.

Registry-SafeRent combines proven, results-based statistical scoring with its unsurpassed market presence to deliver quality benchmarked property risk assessment data. By factoring the actual performance of hundreds of thousands of other renters, Property Performance Analytics can effectively assess the lease performance of a given resident population.

"The key to accurate property evaluation is accurate resident evaluation, "said Nevel DeHart, executive vice president, Registry-SafeRent." Critical to the effectiveness of Property Performance Analytics is that it uses current data from the existing resident base to provide forward-looking risk assessment. By predicting the resident population's future payment performance, our clients can achieve a standardized assessment of a property's risk exposure and expected cash flow from operations."

Unlike other valuation and due diligence methods that report the past, Property Performance Analytics is providing clients with a critical property evaluation tool to effectively project future results. "With Property Performance Analytics, we've gained unique insight into a community's forward-looking risk exposure," said David Olney, president of Berkshire Realty Holdings, L.P. "Registry-SafeRent has given us the ability to trend and benchmark key performance metrics against our competitive sub-market, which is invaluable in guiding our strategic direction."

Property Performance Analytics evaluates a property from several unique perspectives to provide a realistic assessment of potential risks, shortcomings and trends. To provide a loss exposure estimate, the product delivers 12-month projections of skips, evictions and defaults based on resident quality analysis. To provide a comprehensive lease analysis, Property Performance Analytics reviews rents, deposits and inventory and compares them to actual data from other submarket communities.

"Armed with the most reliable projections in the industry, our clients can invest with confidence, or determine where opportunities lie to make a property more profitable," said DeHart.

About Registry-SafeRent
Registry-SafeRent, a wholly owned subsidiary of First Advantage Corporation, is the nation's leading and most innovative provider of screening and risk management services to the multifamily housing industry. Through its offices in Rockville, Md., and more than 40 support offices nationwide, Registry-SafeRent offers a single source for resident screening services, property performance evaluation tools, renters insurance and employment screening. More than 25,000 properties, representing over 5 million apartment homes, count on Registry-SafeRent every day to help them attain the highest quality residents and maximize profitability. Registry-SafeRent leads the industry in innovations and enhancements designed to make the decision process faster, easier and more accurate. For more information, visit www.registry-saferent.com.

About First Advantage Corporation

First Advantage Corporation (NASDAQ: FADV) provides best?in?class single-source solutions for global risk mitigation and enterprise and consumer screening needs. Incorporating state-of-the-art technology, proprietary systems and data resources, First Advantage is a leading provider of employment background screening, drug-free workplace programs, physical exams and other occupational health testing, resident screening, motor vehicle records, insurance fraud investigations, supply chain security and consumer location services. First Advantage ranks among the top three companies in nearly all of its business lines. First Advantage is headquartered in St. Petersburg, Fla., and has more than 1,400 employees in offices throughout the United States and in Bangalore, India. Further information about the company is available at www.FADV.com.

First Advantage is a majority owned subsidiary of The First American Corporation (NYSE: FAF), a Fortune 500 company that traces its history to 1889. First American is the nation's largest data provider, supplying businesses and consumers with information resources in connection with the major economic events of people's lives. Additional information about the First American Family of Companies can be found at www.firstam.com.






FOR MORE INFORMATION CONTACT:
John Lamson
Chief Financial Officer and Executive Vice President
727.214.3411, ext. 214
jlamson@fadv.com


Renee Svec
Director - Corporate Communications
727.214.3411, ext. 212
rsvec@fadv.com