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CoreLogic

CoreLogic, Inc.
Public
Traded as CLGX
S&P 400 Component
Industry Financial services
Founded California, USA (2010)
Headquarters Irvine, California, USA
Key people
Anand Nallathambi, President and CEO
Products Financial, property and consumer information, analytics and business intelligence
Revenue
  • Increase US$ 1.528 billion (2015)
  • Increase US$ 1.405 billion (2014)
  • Increase US$ 202.92 million (2015)
  • Increase US$ 169.76 million (2014)
  • Increase US$ 127.84 million (2015)
  • Decrease US$ 73.20 million (2014)
Total assets
  • Increase US$ 3.701 billion (2015)
  • Increase US$ 3.516 billion (2014)
Total equity
  • Increase US$ 1.049 billion (2015)
  • Decrease US$ 1.014 billion (2014)
Number of employees
6,500 (2015)
Website www.corelogic.com

CoreLogic, Inc. (: CLGX) is an Irvine, CA-based corporation providing financial, property and consumer information, analytics and business intelligence. The company analyzes information assets and data to provide clients with analytics and customized data services. The company also develops proprietary research, and tracks current and historical trends in a number of categories, including consumer credit, capital markets, real estate, fraud, regulatory compliance, natural hazards, and disaster projections. The company reported 2015 revenue of $1.5B.

CoreLogic dates back to September 1991, when TRW Real Estate Information Services entered into a partnership with three real estate information service units from Elsevier, the Dutch Publishing company now known as Reed Elsevier. In September 1996, the group, by then known as TRW Information Systems & Services, was spun off and renamed Experian.

In September 1997, majority ownership of Experian's real estate information business was acquired by The First American Corporation, in a partnership with Experian. The partnership was called FARES LLC, and the new entity began operating under the name First American Real Estate Solutions (RES).

Also in 1997, Kraig Clark and Steve Schroeder co-founded C&S Marketing in Sacramento, CA. Created to provide fraud prevention and collateral risk management solutions to the mortgage banking industry, the company was later renamed as CoreLogic Systems.

In October 2003, First American RES acquired Transamerica's property information business, combining their real estate information and analytics businesses.

In March 2007, First American Corporation merged its First American RES subsidiary with CoreLogic Systems, under the FARES LLC subsidiary. The division began operating under the name First American CoreLogic.

In June 2010, CoreLogic, Inc. was established as a standalone business when The First American Corporation split its businesses to create two separate legal entities, CoreLogic, Inc and First American Corporation which provides title and financial services.

In January 2011, the company acquired Australia-RP Data, a provider of residential and commercial property information in Australia and New Zealand, for $194 million.

In March 2011, CoreLogic acquired Dorado Network Systems Corp, a San Mateo-CA based cloud application and architecture development company servicing the financial services industry.


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