CoreLogic completes the acquisition of ClosingCorp
IRVINE, Calif .– (COMMERCIAL THREAD) – CoreLogic, a leading global provider of real estate information, analytics and data-driven solutions, today announced the completion of its acquisition of all outstanding shares of ClosingCorp.
ClosingCorp is a valued partner of key players in the housing ecosystem, providing unique and much-needed digital information and solutions that streamline the listing and ordering of the essential settlement services needed to create and manage a home loan, eliminating the friction , costs and risks.
ClosingCorp will continue to be led by Bob Jennings and will remain headquartered in San Diego. The ClosingCorp team will join CoreLogic’s BUY segment which includes various solutions focused on mortgage origination. ClosingCorp’s intelligence and digital solutions expand and add new capabilities for CoreLogic clients in areas such as settlement service fee assessment and mortgage tax obligations as well as access to title and mortgage services. fencing.
“From its inception, ClosingCorp has strived to simplify the way our industry estimates fees and taxes and order settlement services,” said Bob Jennings, President and CEO of ClosingCorp. “This transaction confirms the value of our approach and lays the foundation for future innovation for the lenders, investors and the borrowers they serve.
Frank Martell, President and CEO of CoreLogic, said: “We are delighted to join forces with Bob and the team at ClosingCorp as we expand our line of innovative, best-in-class solutions for lenders. mortgage, securities and settlement companies and real estate professionals. The combination of digital solutions, platforms and expertise from ClosingCorp and CoreLogic clearly add to our clients and the wider housing ecosystem. ”
CoreLogic is one of the world’s leading providers of real estate information, analytics and data-driven solutions. The company’s combined data from public, contributory and proprietary sources includes over 4.5 billion records spanning over 50 years, providing detailed coverage of property, mortgages and other charges, consumer credit, location, location, hazard risk and associated performance information. Markets served by CoreLogic include real estate and mortgage finance, insurance, capital markets and the public sector. CoreLogic delivers value to customers through unique data, analytics, workflow technology, advisory and managed services. Customers rely on CoreLogic to identify and manage growth opportunities, improve performance and mitigate risk. Headquartered in Irvine, California, CoreLogic operates in North America, Western Europe and Asia-Pacific. For more information, please visit www.corelogic.com.
Headquartered in San Diego, California, ClosingCorp owns and operates the leading source of information on closing costs and service providers in the residential real estate industry in the United States. Through innovative solutions, progressive technologies and strong alliances, the company delivers timely, accurate and transparent results that help optimize closing processes and services for mortgage lenders, securities and settlement companies and professionals. of real estate. Customers rely on ClosingCorp to improve efficiency and mitigate risk. For more information, please visit www.closing.com.