May 21, 2012, Santa Ana and Los Angeles, Calif. -
-As financial-dignity nonprofit celebrates anniversary,
CoreLogic recognizes successful partnership-
CoreLogic® (NYSE: CLGX), a leading provider of information,
analytics and business services, recently joined Operation
HOPE (HOPE) to celebrate its 20th Anniversary and "silver
rights" mission to eradicate poverty through financial
dignity and economic empowerment tools in underserved
communities. Over the years of the
partnership, CoreLogic has expressed its commitment to
HOPE through cash donations, volunteer service hours, and
in-kind contributions; all combined totaling more than
$800,000.
"Operation HOPE has proven that individuals and communities
can improve their economic situation if provided the
necessary services to learn and practice sound financial
literacy skills," said Anand Nallathambi, president and CEO
of CoreLogic. "CoreLogic is proud to be affiliated with
Operation HOPE and the lasting impact it has made on so
many communities during the last 20 years. We look forward
to the opportunity to support Operation HOPE in delivering
its mission for many years to come."
During the past 20 years, HOPE has grown with programs,
services and initiatives to assist individuals in
low-wealth communities. CoreLogic has been involved in some
of the most notable HOPE programs such as, Banking on
Our Future, HOPE's award-winning youth financial
literacy program that offers celebrity, classroom, and
college editions, as well as international curriculums,
with dozens of CoreLogic employees donating countless hours
of their time to teach in classrooms. Most recently,
CoreLogic joined the Founder's Circle in support of the
Gallup-HOPE Index, a national initiative to study the
economic energy of American youth.
In 2006, in support of HOPE's efforts to provide economic
triage to victims of Hurricane Katrina, CoreLogic sponsored
the first Virtual HOPE Call Center in New Orleans, La.,
ultimately serving some 150,000 individuals in the
aftermath and helping fund $15 million in Earned Income Tax
Credits to those affected. Six years later, efforts to
provide economic empowerment to the Gulf area continue with
in-kind and financial support from CoreLogic. The success
of the virtual call-center, and the collapse of the
subprime loan industry, led to a collaboration between
CoreLogic and HOPE to be the founding partners of the
Mortgage HOPE Crisis Hotline (MHCH), a 24-hour,
full-service, nationwide foreclosure prevention hotline,
housed at the CoreLogic facility in Poway, California. The
need for the service was apparent when, in the first three
weeks of its launch in 2006, the hotline received more than
12,000 calls. To date, the program has assisted 155,243
individuals through the MHCH. The combined value of the
subprime mortgages modified or restructured totals more
than $495 million. Over the last five years,
CoreLogic-supported call-centers have helped HOPE deliver
emergency recovery assistance, providing financial triage
to victims across the country in 22 natural disasters,
including Hurricane Katrina and the 2007 California
Wildfires, among others.
In response to the generous support of Operation HOPE
offered by CoreLogic, John Hope Bryant, founder, chairman
and CEO of Operation HOPE, commented, "CoreLogic has been
one of our most committed supporters through the years with
volunteer, financial and in-kind donations. We appreciate
their commitment and are excited by the prospects of
deepening our partnership, as we continue our work with
Anand Nallathambi and CoreLogic to bring financial dignity
and empowerment to underserved communities."
About Operation HOPE (HOPE)
Headquartered in Los Angeles, HOPE promotes financial
dignity through financial literacy and education tools to
underserved communities in more than 273 cities worldwide.
Through its four core portfolios, the organization has
provided youth and adult financial literacy, economic
preparedness, digital empowerment, promoted home ownership,
and assisted with foreclosure prevention to more than 2
million individuals, families, and small business owners.
In May 2012, HOPE celebrates 20 years of making the free
market system work for low-income communities in a Silver
Rights Movement meant to eradicate poverty and build
financial dignity. For more information visit us at www.operationhope.org
or Facebook/ Operation HOPE or join our Twitter/ Operation
HOPE.
About CoreLogic
CoreLogic (NYSE: CLGX) 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 one of 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. The Company, headquartered in Santa Ana,
Calif., has approximately 5,000 employees globally. For
more information visit www.corelogic.com.
CORELOGIC and the stylized CoreLogic logo are
registered trademarks owned by CoreLogic, Inc. and/or its
subsidiaries. No trademark of CoreLogic shall be used
without the express written consent of CoreLogic.
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