CoreLogic Named Among Top 100 Providers of Financial Suppliers.Prestigious recognition reflects company's growth from innovative mortgage technology solutions SACRAMENTO, Calif. -- CoreLogic, the leading provider of mortgage risk assessment and fraud prevention solutions, announced that American Banker American Banker is a daily newspaper covering the financial services industry. Founded in 1835 and based in New York, American Banker's 70 reporters and editors in six cities monitor developments and breaking news affecting banks. and the research firm Financial Insights have named the company to the FinTech 100, an international annual listing of the top financial technology vendors, for the second year in a row. "This award is welcome recognition for the energy and effort that CoreLogic has put into providing the mortgage industry with the most efficient risk assessment and fraud prevention tools available," said Steve Schroeder Steven A. Schroeder is Distinguished Professor of Health and Health Care at the University of California, San Francisco (UCSF). He served as the President and CEO of the Robert Wood Johnson Foundation from 1990 to 2002. Dr. , co-founder and chief executive officer of CoreLogic. "Being recognized for the second year in a row is a powerful statement of the confidence and trust the U.S. financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. market places in our company, technology and people." CoreLogic ranked first among mortgage technology companies and 76th on the list overall. Global revenue was a key factor in the ranking, attesting to the company's stability and importance to the industry. The ranking of the top 100 suppliers is categorized cat·e·go·rize tr.v. cat·e·go·rized, cat·e·go·riz·ing, cat·e·go·riz·es To put into a category or categories; classify. cat and evaluated based on fiscal year-end Fiscal Year-End The completion of a one-year, or 12-month, accounting period. Notes: The reason that a company's fiscal year often differs from the calendar year and does not close on Dec 31, is due to the nature of company's needs. revenues and the percentage of revenues attributed to financial services. Data is gathered from surveys completed by suppliers, as well as original research and market analysis conducted by Financial Insights. This year alone, CoreLogic has launched several new automated au·to·mate v. au·to·mat·ed, au·to·mat·ing, au·to·mates v.tr. 1. To convert to automatic operation: automate a factory. 2. tools, including PreQualPro and IncomePro, after the successful launch in late 2005 of their flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. LoanSafe. PreQualPro is a pre-qualification property value range tool designed to meet the needs of leading originators' retail and HELOC HELOC Home Equity Line Of Credit groups. IncomePro provides lenders with a fast and effective way to establish the soundness of a borrower's stated income. LoanSafe enables residential mortgage originators and the capital markets to efficiently assess the risk value and fraud potential in a loan transaction by performing an integrated analysis of the agent, the borrower and the collateral. In addition, CoreLogic's agent management tool, ThirdParty Scorecard, is quickly becoming the de-facto standard for broker management with more than 30 million loans and 190,000 brokers in its database. For more information about the rankings, visit http://www.financial-insights.com/FI/services/fintech100.jsp. About CoreLogic Sacramento, Calif.-based CoreLogic is the leading provider of collateral risk-analysis and management technology and services to the U.S. mortgage banking industry. Since 1997, the mortgage industry has relied on CoreLogic to enable risk management and workflow The automatic routing of documents to the users responsible for working on them. Workflow is concerned with providing the information required to support each step of the business cycle. process support. Using CoreLogic technology, mortgage originators and investors are able to increase profitability and loan quality by making more informed lending and investment decisions. The CoreLogic suite of property information tools provides the data, comprehensive geographic coverage, ease-of-use and accessibility the mortgage industry needs. For more information about CoreLogic, visit www.corelogic.com. |
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