RICHMOND, Va., Sept. 24 /PRNewswire-FirstCall/ -- LandAmerica Financial Group, Inc. (NYSE:LFG) has been selected by Flagstar Bank as a primary national provider of warranted valuations. Warranted valuations are an optional solution lenders use to shield against possible financial loss as the result of defective real estate valuations. The warranty can be issued with traditional appraisals or automated valuation products. It is also available for refinance or purchase loans, second or other lien position loans and Home Equity Lines of Credit. In addition to reducing the risks associated with mortgage lending, LandAmerica's warranted valuation solution is flexible and can be custom-designed to fit customers' needs. And the warranty transfers with the loan if it is sold to another lender. Flagstar Bank is a subsidiary of Flagstar Bancorp, a bank holding company headquartered in Troy, Michigan. Flagstar Bancorp is the largest publicly held savings bank headquartered in the Midwest with $14.6 billion in total assets. As of June 2008, Flagstar operated 170 banking centers in Michigan, Indiana and Georgia and 121 home loan centers in 26 states. Flagstar originates home loans nationwide. "We are excited about the opportunity to serve Flagstar Bank, one of the nation's leading mortgage lenders and a company recognized throughout the industry for its commitment to customer satisfaction and technological innovation," said Cheryl Cox, Senior Vice President - LandAmerica. "Being named a primary national provider of warranted valuations by Flagstar marks an important step in achieving LandAmerica's goal to become the premier provider of real estate transaction services." For information about LandAmerica Valuation Services, contact Cheryl Johnson, Vice President - Product Development, at (517) 266-6331 or . About LandAmerica Financial Group, Inc. LandAmerica Financial Group, Inc. is a leading provider of real estate transaction services with offices nationwide and a vast network of active agents. LandAmerica serves agent, residential, commercial and lender customers throughout the United States, Mexico, Canada, the Caribbean, Latin America, Europe and Asia. LandAmerica is recognized as number one in the mortgage services industry on Fortune's(R) 2007 and 2008 lists of America's Most Admired Companies. DATASOURCE: LandAmerica Financial Group, Inc. CONTACT: Pamela Pastor, Investor Relations Specialist, +1-804-267-8043, , or Peter Habenicht, VP - Corporate Communications, +1-804-267-8723, , both of LandAmerica Financial Group, Inc. Web site: http://www.landam.com/

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