CoreLogic: Difference between revisions

Revision as of 06:46, 24 June 2024

Revision as of 03:34, 14 August 2024

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==History==

CoreLogic dates back to September 1991, when [[TRW Inc.|TRW]] Real Estate Information Services entered into a partnership with three real estate information service units from Elsevier, the Dutch Publishing company now known as [[Reed Elsevier]].<ref>{{cite web |url=https://articleswww.latimes.com/archives/la-xpm-1991-09-04/business/-fi-1687_1_estate1687-informationstory.html |title=TRW, Elsevier Merge Real Estate Information Operations : Information: Joint venture will be headquartered in Riverside. Companies cite high costs of developing new business. |work=Los Angeles Times |date=1991-09-04 |accessdateaccess-date=2015-04-09 |archive-date=2015-05-18 |archive-url=https://web.archive.org/web/20150518135440/http://articles.latimes.com/1991-09-04/business/fi-1687_1_estate-information |url-status=live }}</ref>

In September 1996, the group, then known as TRW Information Systems & Services, split away from its parent company and was renamed [[Experian]].<ref>{{cite web |url=https://articleswww.latimes.com/archives/la-xpm-1996-09-22/business/-fi-46515_1_credit46515-reporting-industrystory.html |title=Leading the Way at a Company Called Experian |work=Los Angeles Times |date=1996-09-22 |accessdateaccess-date=2015-03-28 |archive-date=2015-05-18 |archive-url=https://web.archive.org/web/20150518135444/http://articles.latimes.com/1996-09-22/business/fi-46515_1_credit-reporting-industry |url-status=live }}</ref>

In September 1997, majority ownership of Experian's real estate information business was acquired by [[First American Corporation|The First American Corporation]], in a partnership with Experian.<ref>{{cite web |url=https://articleswww.latimes.com/1997archives/la-xpm-1997-sep/-11/business/-fi-31011-story.html |title=First American and Experian in Venture |work=Los Angeles Times |date=1997-09-11 |accessdateaccess-date=2015-05-09 |archive-date=2015-05-18 |archive-url=https://web.archive.org/web/20150518135447/http://articles.latimes.com/1997/sep/11/business/fi-31011 |url-status=live }}</ref> The partnership was called FARES LLC and the new entity began operating under the name First American Real Estate Solutions (RES).<ref>{{cite web |url=http://www.inman.com/2007/02/05/first-american-res-corelogic-in-merger/ |title=First American RES, CoreLogic in merger |publisher=inman.com |date=2007-02-05 |accessdate=2015-05-09 |archive-date=2015-05-18 |archive-url=https://web.archive.org/web/20150518074436/http://www.inman.com/2007/02/05/first-american-res-corelogic-in-merger/ |url-status=live }}</ref>

Also in 1997, Kraig Clark and Steve Schroeder co-founded C&S Marketing in [[Sacramento, California|Sacramento, CA]].<ref>{{cite web |url=http://www.bizjournals.com/sacramento/print-edition/2013/10/18/corelogic-vets-auqeo-tech-support-vets.html?page=all |title=CoreLogic vets' new firm, Auqeo, provides sales support for tech startups |publisher=bizjournals.com |date=2013-10-18 |accessdate=2015-05-09 |archive-date=2015-05-18 |archive-url=https://web.archive.org/web/20150518120521/http://www.bizjournals.com/sacramento/print-edition/2013/10/18/corelogic-vets-auqeo-tech-support-vets.html?page=all |url-status=live }}</ref> Created to provide [[fraud prevention]] and collateral [[risk management]] solutions to the mortgage banking industry, the company was later renamed as CoreLogic Systems.