First American CoreLogic was built through organic growth and strategic acquisitions dating back to its inception in 1958. The company started as a regional data collector, operating under the names of DAMAR and TRW Real Estate Information Services, and then moved to national standing under Experian.
In 1997, The First American Corporation (NYSE: FAF) acquired majority ownership of the company in partnership with Experian operating under the name First American Real Estate Solutions. With the acquisition of Transamerica's property information business in 2001, the company became the nation's largest real estate information and analytics provider in North America. Other key acquisitions included Basis100, a leading provider of automated valuations, acquired in 2004 and LoanPerformance, a leading provider of mortgage finance, servicing, and securitization information and analytics, acquired in 2005.
In January 2007, First American Real Estate Solutions merged with CoreLogic Systems, Inc., the leading provider of residential mortgage risk management and fraud protection technology and services to become First American CoreLogic.
Fast Facts about First American CoreLogic
Headquarters: in Santa Ana California
Operations: 6 countries
Key Partnerships & Alliances
– BasePoint Analytics: Mortgage application and credit card Fraud analytics
– ComplianceEase: Automated predatory & high cost loan auditing ASP
– The Bohan Group: MBS due diligence services
– RP Data: #1 Property information company in Australia and NZ
– UK Valuation: London-based AVM provider
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