WASHINGTON, April 25 CoreLogic has acquired
Case-Shiller from Fiserv for $6 million, taking over its
prestigious index business in a deal that closed on March 20,
CoreLogic said in a statement on Thursday.
The Case-Shiller Indexes will be renamed the CoreLogic
Case-Shiller Indexes, the statement said. Still, the
S&P/Case-Shiller home price index, closely watched by financial
markets to get a sense of the strength of the U.S. housing
market, will retain its name.
CoreLogic, based in Irvine, California, is responsible for a
wide variety of housing reports, including data on prices,
mortgage payments and the number of homeowners that are
so-called "under-water," or owe more than their property is
The S&P/Case-Shiller home price index will continue to be
published and distributed on their customary time schedules and
in their current formats, according to CoreLogic.
The deal "underscores CoreLogic's ongoing commitment to
provide comprehensive data, analytics and services to financial
services, government and real estate professionals," the company
said in its first quarter financial results, which were released