CampusMBA and First Indian Partner on Offshoring Pilot Program

CampusMBA, the award winning educational division of the Mortgage Bankers Association (MBA) and First Indian, The First American Corporation`s (NYSE:FAF) Indian subsidiary responsible for offshore information technology, business process outsourcing and India markets operations, today announced an initiative that will bring CampusMBA`s industry-leading education to Indian employees and customers that provide offshore services to the US real estate mortgage industry. 

Through the educational partnership, CampusMBA will hold two Complete Mortgage Banker courses in India with First Indian employees and customers.  The courses will provide an in-depth overview of the residential mortgage value chain with emphasis on the loan production, secondary marketing, and servicing sectors along with general background on the relevant history, players, regulation and compliance within the real estate finance industry. 

"CampusMBA is looking forward to partnering with First Indian on this necessary and timely program," said John Golden, MBA`s Vice President of Education.  "It is critical for the offshore segment of the real estate finance industry to have access to the same education and training available to the organizations it supports here in the US. Given the global nature of the industry, establishing a common body of knowledge and uniform skill-sets will benefit everyone involved."

To learn more about the CampusMBA`s Complete Mortgage Banking program and other educational offerings call (800) 348-8653.  If you are a member of the media, please contact Aleis Stokes at (202) 557-2741. 

About MBA

The Mortgage Bankers Association (MBA) is the national association representing the real estate finance industry, an industry that employs more than 500,000 people in virtually every community in the country. Headquartered in Washington, D.C., the association works to ensure the continued strength of the nation`s residential and commercial real estate markets; to expand homeownership and extend access to affordable housing to all Americans. MBA promotes fair and ethical lending practices and fosters professional excellence among real estate finance employees through a wide range of educational programs and a variety of publications. Its membership of over 3,000 companies includes all elements of real estate finance: mortgage companies, mortgage brokers, commercial banks, thrifts, Wall Street conduits, life insurance companies and others in the mortgage lending field. For additional information, visit MBA`s Web site: www.mortgagebankers.org.

About First Indian Corporation

First Indian Corporation Private Limited (www.firstindiancorp.com), a subsidiary of The First American Corporation (NYSE: FAF), is a leading provider of offshore transaction, technology and analytics services for the real estate information and mortgage industries, with more than 6,300 employees in its Bangalore, Hyderabad and Mangalore centers. The First Indian Corporation`s primary areas of focus include title insurance, property tax, flood certification, default management services, and credit and property information.  The company assimilates and delivers information that helps First American customers make decisions, operate their businesses and advance their lives. 
 
Aleis Stokes  (202) 557-2741      astokes@mortgagebankers.org