Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nyse  >  Corelogic Inc    CLGX

Delayed Quote. Delayed  - 07/26 10:02:02 pm
40.01 USD   -1.14%
02:01p CORELOGIC : S&P/Case-Shiller Home Price Indices Rebranded As S&P Cor..
07/25 CORELOGIC : beats Street 2Q forecasts
07/25 CORELOGIC : Reports Second Quarter 2016 Financial Results
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

CoreLogic Inc. : FICO and CoreLogic® to Develop New Credit Risk Scoring Solutions

share with twitter share with LinkedIn share with facebook
share via e-mail
0
10/10/2011 | 04:11pm CEST
Key ContactsMedia Contact

Alyson Austin
Corporate Communications
CoreLogic
(714) 250-6180
newsmedia@corelogic.com

Media Contact

Jason Sprenger
FICO
(612) 758-5334
jasonsprenger@fico.com

October 10, 2011, Santa Ana, Calif. –

—Industry leaders collaborate on new credit risk scoring models for the mortgage industry—

CoreLogic (NYSE: CLGX), a leading provider of information, analytics and business services, today announced that CoreLogic® Credco and FICO—the leading provider of analytics and decision management technology—signed an agreement to develop new credit risk scoring solutions for the U.S. mortgage industry. The new scoring solutions will leverage the unique data assets within the CoreLogic CoreScoreTM Credit Report announced last week, along with FICO’s industry-leading analytic expertise, to provide lenders increased visibility into borrower credit behavior and future credit risk.

“Lenders today need as much actionable consumer information as possible so they can safely grow origination volumes and avoid future losses,” said Greg Pelling, vice president of Scoring and Analytics for FICO. “CoreLogic’s unique data allows us to lever FICO’s deep analytic expertise and industry-standard mortgage score to create the consumer credit risk insights lenders need in today’s volatile market and for the future.”

The first credit scoring solution will combine the unique data contained in the CoreScore Credit Report with the industry-standard FICO® 8 Mortgage Score, producing a sharper, predictive view of the consumer. Future solutions will build on the first, leveraging application data to deliver additional loan level insight and support more intelligent and consistent lending decisions.

“By blending the unique data from CoreLogic with the analytic expertise of FICO, we will be able to deliver a new and more predictive credit score with our recently launched CoreScore Credit Report,” said Tim Grace, senior vice president of Product Management and Analytics for CoreLogic. “Together, this new credit report and credit score will provide the mortgage industry with increased visibility into consumer credit behavior and improved credit risk analysis. We envision this score as the first in a series of new scoring solutions that FICO and CoreLogic will create for use in the mortgage industry and beyond.”

For more information on the partnership and scoring solutions, stop by and see CoreLogic and FICO at the Mortgage Bankers Association 98th Annual Convention & Expo in Chicago, Illinois, October 9 – 12, 2011.

About FICO

FICO (NYSE: FICO) delivers superior predictive analytics solutions that drive smarter decisions. The company’s groundbreaking use of mathematics to predict consumer behavior has transformed entire industries and revolutionized the way risk is managed and products are marketed. FICO’s innovative solutions include the FICO® Score — the standard measure of consumer credit risk in the United States — along with industry-leading solutions for managing credit accounts, identifying and minimizing the impact of fraud, and customizing consumer offers with pinpoint accuracy. Most of the world’s top banks, as well as leading insurers, retailers, pharmaceutical companies and government agencies, rely on FICO solutions to accelerate growth, control risk, boost profits and meet regulatory and competitive demands. FICO also helps millions of individuals manage their personal credit health through www.myFICO.com. Learn more at www.fico.com. FICO: Make every decision count™.

For FICO news and media resources, visit www.fico.com/news.

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 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 more than 6,500 employees globally with 2010 revenues of $1.6 billion. For more information visit www.corelogic.com.

CORELOGIC, the stylized CoreLogic logo and CREDCO 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.

FICO and Make Every Decision Count are trademarks of Fair Isaac Corporation. Other product and company names herein may be trademarks of their respective owners.

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on CORELOGIC INC
02:01p CORELOGIC : S&P/Case-Shiller Home Price Indices Rebranded As S&P CoreLogic Case-..
12:04p CORELOGIC : Management's Discussion and Analysis of Financial Condition and Resu..
07/25 CORELOGIC : beats Street 2Q forecasts
07/25 CORELOGIC, INC. : Results of Operations and Financial Condition, Financial State..
07/25 CORELOGIC : Reports Second Quarter 2016 Financial Results
07/21 CORELOGIC : Is Vallejo a good place to buy a first home? It depends
07/21 BRIEF : Third month of record home prices in Bay Area
07/21 CORELOGIC : Sacramento housing prices highest in nine years
07/20 CORELOGIC, INC. : Entry into a Material Definitive Agreement, Creation of a Dire..
07/20 BAY AREA HOME SALES : June median price sets record high
More news
Sector news : Professional Information Services - NEC
08:50aDJChina's LeEco Buys U.S.-Based Vizio -- WSJ
03:36aDJLG Display to Invest $1.75 Billion in OLED Display Production
07/26DJChina's LeEco to Buy Vizio for $2 Billion
07/26DJMSCI : Saudi Regulator to Accelerate Plans Easing Foreign Investment Restriction..
07/26DJIHS MARKIT : BOE's Weale Shifts Stance on Stimulus Following Brexit Impact
More sector news : Professional Information Services - NEC
News from SeekingAlpha
08:09a CoreLogic name added to key home price gauge
07/26 CoreLogic, INC. 2016 Q2 - Results - Earnings Call Slides
07/26 CoreLogic (CLGX) Anand K. Nallathambi on Q2 2016 Results - Earnings Call Tran..
07/25 After Hours Gainers / Losers
07/25 CoreLogic beats by $0.03, beats on revenue
Advertisement
Financials ($)
Sales 2016 1 899 M
EBIT 2016 263 M
Net income 2016 132 M
Debt 2016 -
Yield 2016 -
P/E ratio 2016 22,96
P/E ratio 2017 20,50
Capi. / Sales 2016 1,87x
Capi. / Sales 2017 1,82x
Capitalization 3 555 M
More Financials
Chart CORELOGIC INC
Duration : Period :
Corelogic Inc Technical Analysis Chart | CLGX | US21871D1037 | 4-Traders
Full-screen chart
Technical analysis trends CORELOGIC INC
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 12
Average target price 44,8 $
Spread / Average Target 12%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Anand Kumar Nallathambi President, Chief Executive Officer & Director
Paul F. Folino Chairman
Frank D. Martell Chief Operating Officer
James L. Balas Chief Financial Officer
Bob Frosell Chief Information Officer
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
CORELOGIC INC18.16%3 555
RELX NV2.64%38 536
RELX PLC17.71%38 528
THOMSON REUTERS CORP11.09%32 722
S&P GLOBAL INC19.24%31 104
EQUIFAX INC.22.15%16 191
More Results