Profile: Corelogic Inc (CLGX.K)
28 Jun 2016
CoreLogic, Inc., incorporated on October 13, 2009, is a provider of property information, analytics and data-enabled services. The Company provides detailed coverage of property, mortgages and other encumbrances, property risk and replacement cost, consumer credit, tenancy, location, hazard risk and related performance information. The Company operates through two segments: Property Intelligence, and Risk Management and Work Flow (RMW). The Company offer its clients a national database of public, contributory and proprietary data covering real property and mortgage information, judgments and liens, building and replacement costs, parcel and geospatial data, criminal background records, eviction information, non-prime lending records, credit information and tax information, among other data types.
The Company's Property Intelligence segment owns or licenses real property, mortgage and consumer information, which includes loan information, property sales and characteristic information, property risk and replacement cost, natural hazard data, geospatial data, parcel maps and mortgage-backed securities information. The Company focuses on developing technology and software platforms to access, automate or track its data and assist its clients with compliance regulations. The Company delivers this information directly to its clients in a standard format over the Web, through software platforms or in bulk data form. Its products and services include data licensing and analytics, data-enabled advisory services, platform solutions and valuation solutions in North America, Western Europe and Asia Pacific. The Property Intelligence segment's clients are commercial banks, mortgage lenders and brokers, investment banks, fixed-income investors, real estate agents, multiple listing services (MLS) companies, property and casualty insurance companies, title insurance companies, government agencies and government-sponsored enterprises. It also provides verification of applicant income, identity and certain employment verification services using Internal Revenue Service and Social Security Administration databases as well as third-party employment data providers. Its valuation solutions provide a range of real estate valuation service.
Risk Management and Work Flow
The Company's RMW segment owns or licenses real property information, mortgage information and consumer information, which includes loan information, property sales and characteristic information, natural hazard data, parcel maps, employment verification, criminal records and eviction records. It also develops technology and software platforms to access, automate or track its data and assist its clients with compliance regulations. Its products and services include credit and screening solutions, property tax processing, flood data services and technology solutions in North America. Its RMW segment's clients are national mortgage lenders and servicers, and it also serves regional mortgage lenders and brokers, credit unions, commercial banks, fixed-income investors, government agencies and casualty insurance companies. Its credit and screening solutions has access to consumer and business databases, which enables them to provide credit and income verification services to the mortgage, automotive and multifamily housing industries. It provides flood zone determinations to mortgage lenders. Its technology solutions provide software and workflow platforms to the financial services market through a suite of enterprise lending automation services.
The Company competes with Black Knight Financial Services, RealtyTrac, Clear Capital, Verisk Analytics, Inc., Lereta LLC, Equifax, Inc., Kroll Factual Data, RealPage, Inc. and Yardi Systems, Inc.
40 Pacifica Ste 900
IRVINE CA 92618-7487