50 States by appreciation rate: (April 2009 data, ranked worst to best in percent decline from peak--includes District of Columbia).

Rank  State          Peak   % Decline   12-Month HPI   12-Month HPI
                     Month  Since Peak  Change (March  Change (March
                                            2009)          2008)

 1    CALIFORNIA     JUNE    -46.56%       -22.72%        -26.46%
                     2006

 2    NEVADA         MAY     -45.66%       -26.05%        -21.79%
                     2006

 3    FLORIDA        JUNE    -41.10%       -23.15%        -18.17%
                     2006

 4    ARIZONA        MAY     -38.38%       -20.51%        -17.90%
                     2006

 5    RHODE ISLAND   SEPT.   -32.25%       -16.92%        -12.61%
                     2005

 6    ILLINOIS       AUG.    -25.86%       -17.36%         -7.95%
                     2006

 7    MINNESOTA      AUG.    -25.00%       -13.57%        -10.37%
                     2006

 8    OHIO           JUNE    -24.83%       -12.04%         -8.48%
                     2006

 9    MASSACHUSETTS  SEPT.   -23.32%        -9.49%         -9.31%
                     2005

10    NEW HAMPSHIRE  SEPT.   -22.41%        -9.96%         -9.31%
                     2005

11    DISTRICT OF    AUG.    -22.13%       -12.39%         -5.43%
      COLUMBIA       2006

12    MARYLAND       JULY    -21.83%       -12.65%         -9.13%
                     2006

13    MICHIGAN       AUG.    -21.41%        -6.12%         -7.12%
                     2005

14    VIRGINIA       JUNE    -20.15%        -9.37%         -6.71%
                     2006

I5    HAWAII         AUG.    -19.67%       -10.20%         -1.71%
                     2007

16    GEORGIA        JULY    -18.51%       -10.83%         -6.27%
                     2007

17    WASHINGTON     JUNE    -18.39%       -12.86%         -5.40%
                     2007

18    NEW JERSEY     JULY    -18.39%        -9.80%         -7.20%
                     2006

19    CONNECTICUT    JULY    -17.28%       -11.40%         -4.75%
                     2007

20    OREGON         JUNE    -16.64%       -11.65%         -4.13%
                     2006

21    NEW YORK       FEB.    -13.03%         3.88%        -12.31%
                     2006

22    WYOMING        APRIL   -12.62%        -1.35%        -11.43%
                     2007

23    WISCONSIN      JULY    -12.32%        -7.23%         -3.08%
                     2007

24    MAINE          MAY     -10.56%        -4.34%         -6.11%
                     2007

25    ALABAMA        AUG.    -10.53%        -5.94%          2.68%
                     2007

26    TENNESSEE      JULY    -10.20%        -5.35%         -2.44%
                     2007

27    KENTUCKY       JULY     -9.33%        -6.86%         -0.12%
                     2007

28    PENNSYLVANIA   AUG.     -9.23%        -4.28%         -1.32%
                     2007

29    COLORADO       JULY     -8.21%        -2.21%         -4.00%
                     2007

30    VERMONT        JULY     -7.72%        -5.03%          1.71%
                     2008

31    NEBRASKA       JUNE     -6.91%        -3.00%         -1.86%
                     2006

32    OKLAHOMA       JULY     -6.68%        -4.79%          1.66%
                     2008

33    SOUTH          AUG.     -6.63%        -5.81%          0.54%
      CAROLINA       2007

34    LOUISIANA      AUG.     -6.36%         3.10%         -4.81%
                     2006

35    NORTH          JULY     -5.18%        -1.76%         -0.51%
      CAROLINA       2007

36    IOWA           JULY     -4.96%        -2.93%          1.06%
                     2008

37    UTAH           MARCH    -4.68%        -4.41%          3.70%
                     2008

38    ARKANSAS       AUG.     -4.65%        -2.27%         -0.56%
                     2008

39    NORTH DAKOTA   DEC.     -4.27%        -0.06%         -1.20%
                     2008

40    DELAWARE       JUNE     -4.24%        -3.18%          0.00%
                     2006

41    WEST VIRGINIA  JAN.     -3.02%         5.27%          4.47%
                     2009

42    NEW MEXICO     MARCH    -2.72%        -2.43%          2.37%
                     2008

43    IDAHO          MARCH    -2.47%        -2.19%          1.91%
                     2008

44    ALASKA         FEB.     -0.96%         0.32%          0.49%
                     2008

45    MONTANA        MAY      -0.67%        -0.62%          4.82%
                     2008

46    MISSISSIPPI    MARCH    -0.40%        -0.35%          2.71%
                     2008

47    MISSOURI       APRIL    -0.28%        -0.28%          1.16%
                     2008

48    INDIANA        MARCH    -0.04%         0.08%          1.87%
                     2008

49    KANSAS         APRIL     0.00%         0.84%          1.85%
                     2009

50    SOUTH DAKOTA   APRIL     0.00%         1.96%          3.89%
                     2009

51    TEXAS          APRIL     0.00%         1.94%          4.09%
                     2009

Source: First American CoreLogic. a First American company (NYSE: FAF).
Santa Ana. California LoanPerformance HPI provides a comprehensive set
of monthly home-price indexes and median sales prices covering 7,488
ZIP codes. 956 core-based statistical areas (CBSAs) and 670 counties
located in all 50 states and the District of Columbia. The indexes,
which are the most comprehensive available in the industry, incorporate
more than 30 years' worth of repeat-sales transactions, representing
more than 45 million observations, sourced from First American
CoreLogic's industry-leading property information database.

* HPI refers to the LoanPerformance Home Price Index (HPI) ** NOTE: New
York and West Virginia information is incomplete due to delays in
receiving data from county recorder offices for the latest reporting
period.

More information about LoanPerformance HPI and First American CoreLogic
can be found at www.loanperformance.com and www.facorelogic.com.