LFG Archaea Energy Inc

RICHMOND, Va., Oct. 14 /PRNewswire-FirstCall/ -- LandAmerica Financial Group, Inc. (NYSE:LFG) announced that it is competing for the opportunity to serve as a contractor with the U.S. Department of the Treasury in providing whole loan asset management services for portfolios of troubled mortgage-related assets. Whole loan asset management is one of three categories of specialized service providers the Treasury Department is seeking in order to facilitate the $700 billion rescue plan recently approved by the U.S. Congress. Through the plan, the government will purchase, manage and sell financially distressed properties. LandAmerica offers a unique set of internal capabilities in a proven organizational structure which enable it to handle all elements involved in servicing distressed residential and commercial loans. As a premier provider of services related to all aspects of the residential and commercial loan process, LandAmerica has depth of experience in title services -- including lien priority, environmental and engineering assessments and valuations, tax and default services, and full loan servicing including real estate owned management. The company's response also links the services of LandAmerica's innovative BackInTheBlack(R) default servicing technology and its eZLoanOptimizer(TM), which produces fact-based projections of the future performance of a portfolio and identifies loans with the greatest potential for loss while recommending specific action steps to reduce those losses and retain borrowers. "LandAmerica is unique with respect to the depth and breadth of services we offer the Department," says Peter Maselli, Senior Vice President. "Having these powerful resources connected within a single company is a tremendous advantage for both us and the people the government is seeking to help." 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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