57
CORELOGIC
COMPLETES
ACQUISITION OF
CLOSINGCORP
CoreLogic, a global property information,
analytics, and data-enabled solutions provider,
announced the completion of its acquisition of
all outstanding shares of ClosingCorp.
ClosingCorp is a valued partner to
major participants in the housing ecosystem
providing unique must-have intelligence and
digital solutions that streamline the quoting
and ordering of critical settlement services
needed to originate and service a home loan,
eliminating friction, cost, and risk.
ClosingCorp will continue to be led by
Bob Jennings and remain headquartered in
San Diego. e ClosingCorp team will join
CoreLogic's BUY segment which includes
various solutions focused on the origination
of home loans. ClosingCorp's intelligence
and digital solutions broaden and add new
capabilities for CoreLogic's customers in such
areas as assessing settlement service fees and
mortgage tax obligations as well as access to
title and closing services.
"From its inception, ClosingCorp set out
to simplify the way our industry estimates fees
and taxes and orders settlement services," said
Bob Jennings, ClosingCorp Chief Executive
Officer. "is transaction confirms the value
of our approac, and creates a foundation for
future innovation for lenders, investors and the
borrowers they serve."
Frank Martell, President and CEO of
CoreLogic said, "We are excited to join
forces with Bob and the ClosingCorp
team as we expand our range of innovative
best-in-class solutions for mortgage lenders,
title and settlement companies, and real
estate professionals. e combination of
ClosingCorp and CoreLogic digital solutions,
platforms and domain expertise is clearly
additive for our clients and the broader
housing ecosystem."
Industry Updates
