SANTA ANA, Calif.,. June 8 /PRNewswire-FirstCall/ -- CoreLogic (NYSE: CLGX), a leading provider of information, analytics and business services, announced today it will provide foreclosure data and property information to the Yahoo! Real Estate foreclosure service http://realestate.yahoo.com.
Yahoo! Real Estate, one of the leading real estate listings websites, provides users with nationwide distressed property listings including foreclosure and pre–foreclosure properties. The site also provides users with data trends and tips for acquiring distressed property as a primary residence or investment opportunity. Through this alliance, Yahoo! users will enjoy the industry-leading data resources of the CoreLogic RealQuest platform www.realquest.com. The CoreLogic platform uses data covering 97 percent of U.S. residential properties (145 million) in 3141 counties and 99.7 percent of the U.S. population to ensure that listings are comprehensive and timely.
CoreLogic became a publicly traded company on June 2, 2010 trading under the ticker CLGX on the NYSE. The company, which provides real estate data to business, government and the media, plans to expand its data offerings to consumers through key partners such as Yahoo!
The partnership enhances Yahoo! Real Estate's foreclosure offerings by providing access to listings of properties at various stages of foreclosure or REO. The deal will also introduce a new feature called CoreScore that allows consumers to evaluate the value of a specific property. CoreScore reports will provide Yahoo! users with a qualitative "grade" on a foreclosure property based on multiple factors that affect the home's value such as crime rates, school systems and surrounding real estate activity.
CoreLogic has built the largest and most comprehensive U.S. real estate, mortgage application and loan performance databases and supplies its property-level data to business and government customers. The CoreLogic RealQuest site, and now the Yahoo! portal, allows individual consumers to access this valuable data for personal and single-property use.
"Partnering with Yahoo! brings our targeted, property-level real estate data to consumers on a widespread basis," said George Livermore, group executive for data and analytics, CoreLogic. "As a new company, our announcement with Yahoo! is indicative of the kind of strategic partnerships we'll look to forge to bring our data to more consumers. Yahoo! Real Estate is a tremendous resource for people who want to investigate and pursue real estate opportunities whether to live in or as investments, and we're glad to be part of that resource and enhance the experience for Yahoo! users."
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 http://www.corelogic.com.
SOURCE CoreLogic, Inc.