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CoreLogic Reaches New Milestone in Geographic Property Data Coverage

— Industry-Leading Provider Now Covers 3100 Counties, More Than 1000 Counties Greater Than Its Closest Competitor —


News provided by

CoreLogic

Jun 03, 2010, 08:30 ET

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SANTA ANA, Calif., June 3 /PRNewswire-FirstCall/ -- CoreLogic (NYSE: CLGX), a leading provider of information, analytics and business services, today announced that its industry-leading property level dataset now covers 3100 tax roll counties representing 99.8 percent of the U.S. population and 98.7 percent of all counties. With this expansion of county coverage, CoreLogic now exceeds its closest competitor by 1,000 counties.

This public record county assessor data includes comprehensive property-level characteristics, land dimensions, legal descriptions, ownership, and tax and value information.  This base information is then linked to a variety of transactional current and historical data, such as deeds, mortgages, pre-foreclosure and other involuntary liens as well as demographic, scholastic and trend information.

"For our customers, data coverage, currency and depth are vital to their day-to-day operations," said George Livermore, group executive, data and analytics, CoreLogic. "This milestone enables our clients to access nationwide county-assessor-specific real estate data and leverage the growing suite of analytics built upon this information to grow and retain their business."

CoreLogic maintains the most comprehensive repository of public, contributory and proprietary data in the United States, which combines property and mortgage information; legal, parcel and geospatial data; motor vehicle records, criminal background records; national coverage eviction information, payday lending records, credit information, and tax records. CoreLogic databases are continually updated and include:

  • 98.7 percent of U.S. real estate property records
  • 80 percent of mortgage applications
  • 85 percent of mortgage loan servicing performance information
  • 97 percent of loan level, non-agency mortgage backed securities
  • 550+ million historical transaction records and data spanning more than 40 years
  • The nation's largest contributory mortgage fraud database

The company's proprietary algorithms and modeling capabilities allow it to analyze these information assets and other multidimensional data providing clients with unique analytics and customized outsourcing services.

About CoreLogic

CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. The company combines public, contributory and proprietary data to develop predictive decision analytics and provide business services that bring dynamic insight and transparency to the markets it serves. CoreLogic has built the largest and most comprehensive U.S. real estate, mortgage application, fraud, and loan performance databases and is a recognized leading provider of mortgage and automotive credit reporting, property tax, valuation, flood determination, and geospatial analytics and services. More than one million users rely on CoreLogic to assess risk, support underwriting, investment and marketing decisions, prevent fraud, and improve business performance in their daily operations.  Formerly, the information solutions group of The First American Corporation, CoreLogic began trading under the ticker CLGX on the NYSE on June 2, 2010. The company, headquartered in Santa Ana, Calif., has more than 10,000 employees globally with 2009 revenues of $1.9 billion. For more information visit www.corelogic.com.

SOURCE CoreLogic

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