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CORELOGIC NAMES FRANCIS AARON HENRY AS CHIEF LEGAL OFFICER

IRVINE, Calif., November 6, 2019—CoreLogic® (NYSE: CLGX), a leading global property information, analytics and data-enabled services provider, today announced that Francis Aaron Henry has joined the company as chief legal officer. In this role, Mr. Henry will oversee all global legal and compliance functions for CoreLogic and serve on the company’s executive committee.

Mr. Henry joins CoreLogic from MoneyGram International Inc., a leading global money transfer company, where he served as executive vice president, general counsel and corporate secretary for the past seven years. Prior to MoneyGram, Mr. Henry served in senior legal roles at Western Union and First Data Corporation, and he also held a series of progressively more responsible positions at several respected regional law firms.

“Aaron is a talented, high-impact leader and we are excited to have him on our executive team,” said Frank Martell, CEO of CoreLogic. “Aaron’s experience building high-performing teams, combined with a strong knowledge of global regulatory matters, compliance, government and external affairs, privacy and litigation management will serve him well in his new role.”

Mr. Henry earned his Bachelor of Arts in Economics from the University of Michigan and holds a Juris Doctorate from George Washington University Law School.

 

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CoreLogic Announces Market Risk Indicators

Analytics product leverages CoreLogic HPI data and economic information to help mortgage professionals spot possible housing market downturns—

IRVINE, Calif., October 28, 2019— CoreLogic® (NYSE: CLGX), a leading global property information, analytics and data-enabled services provider, today announced Market Risk Indicators, an analytics product that provides probability scores for home price declines in the top 392 metropolitan areas in addition to all 50 states and Washington, D.C. Market Risk Indicators are designed to predict the probability of a home price decline over a 12-month period.

Market Risk Indicators provide mortgage professionals with the tools they need to mitigate their risk in select metropolitan areas that may experience home price downturns. Developed by the same data scientists that created the CoreLogic Home Price Index (HPI), Market Risk Indicators are delivered monthly as an add-on module within the CoreLogic HPI or HPI Forecast. Users will get two different score probabilities for each metro area and state – the probability price decline of less than 10% and the probability of a price decline of 10% or more. The product leverages proprietary CoreLogic data sources along with economic information provided by IHS Markit® – a leading economic data provider.

“With a majority of economists predicting an economic downturn in the next 18 months, it’s more critical than ever that mortgage professionals understand where potential market pitfalls may lie,” said Ann Regan, executive, Collateral Solutions for CoreLogic. “Market Risk Indicators can help originators better set market strategy and help investors better manage their loan portfolios without spending hundreds of thousands of dollars collecting and analyzing the data on their own. We are already seeing several markets at risk for price downturns over the next 12 months, and we expect the risk to spread to other areas over the course of the next several months.”

Market Risk Indicators are a subscription-based service available with the CoreLogic HPI or HPI Forecast. For more information, visit www.corelogic.com.

 

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Global DMS Officially Introduces EVO-Residential™ Valuation Technology Platform

AUSTIN, Texas, Oct. 28, 2019Global DMS, a leading provider of cloud-based valuation management software, announced the launch of its new residential valuation solution at the MBA’s Annual Convention & Expo being held at the Austin Convention Center from Oct. 27 - 30. Branded EVO-Residential™ (EVO-Res), the platform is primed to change the way lending and real estate entities process and manage valuations.

Global DMS engineered EVO-Res from the ground up with total automation of the entire valuation process in mind. The company believes everything begins with empowering organizations with an arsenal of incredibly easy-to-use tools that help transform their businesses into ultra-efficient, compliant, finely tuned operations. Using EVO-Res, the burdensome and costly valuation process the mortgage industry contends with can now be executed flawlessly through automation standing behind decades of integrated best practices.

“We put a great deal of thought into the design and underlying functionality of EVO-Res, collaborating with clients and diligently operating in an R&D mode for years,” says Vladimir Bien-Aime, president and CEO of Global DMS. “EVO-Res provides organizations with an unrivaled technology foundation that ensures their unique valuation processes are completely automated from start to finish that was not possible until now. Empowering our clients with this technology advantage gives them an unparalleled ability to easily adapt to the ebbs and flows of the mortgage market and their unique valuation business needs.”

EVO-Res offers state-of-the-art technological advances that allows users to work the way they need to work, which is very different than the platforms currently available in the market. EVO-Res is user role-based providing a customized experience for each user, complete with separate dashboards and task lists that help drive optimal performance by allowing them to focus on the most important tasks of the moment. EVO-Res users have the ability to configure every field, new fields can be added on the fly and are instantly reportable. Users can also create new review forms in minutes. Previously, these types of changes would require costly and time-consuming development intervention.

“From a return on investment point of view, using a platform like EVO-Res just make sense,” stated Jody Collup, COO at Global DMS. “The process efficiency advantages inherent in EVO-Res’ infrastructure keeps every user on task, positively impacting your time to closing and effectively reducing your costs.”

Notably, EVO-Res also works seamlessly with EVO-C, Global DMS’ commercial lending valuation platform, thus allowing for a single-system experience to easily and effectively manage two distinctly different business lines

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