Imagine having a mortgage application and being able to punch in the applicant's name and home address, then instantly getting a credit report, title, tax history, and appraisal.

OK, it's not quite a reality yet, but the formation of an as yet un-named, St. Petersburg, FL-based company that merges the property database information of the Experian Group with the real estate and mortgage services of First American Financial Corp. "could be a big step towards (such) automation," says Barbara Smiley, research director at Meridien Research.

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