CoreLogic Adds Servicer Stop Advance Data to Non-Agency RMBS Dataset

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June 27, 2012, Santa Ana, Calif. –

—Additional Feature Provides New Insight into Cash Flows and Default Risks—


CoreLogic (NYSE: CLGX), a leading provider of information, analytics and business services, today announced that it is now incorporating anonymized servicer stop advance data into its private-label Residential Mortgage-Backed Securities (RMBS) dataset. This trustee-submitted data will be provided free of charge to both existing and new RMBS data clients.

The supplemental stop advance data will be at the loan-level rather than aggregated. This will enable investors to make more precise projections of future cash flows and default risks by allowing insight into the characteristics of the loans that have stopped cash flowing for principal, interest or both.

With this information an investor’s or servicer’s modelers can better assess the risks of current holdings and can infer different levels of loss-mitigation activity, such as servicer transfers. Users can incorporate all data they receive into a standardized, usable format that allows them to run CoreLogic analytics or their own proprietary analytics.

“The private-label market has been looking for this level of insight for some time,” said Ben Graboske, senior vice president, Real Estate and Financial Services, Data and Analytics Segment at CoreLogic. “The challenge has always been about finding adequate information at the loan level. With these latest enhancements we provide another level of granularity and transparency to assist our clients with their decision-making.”

The stop advance data is available at the loan level with history dating back to January 2009. Investors and servicers can now perform modeling, historical trending and time series analysis against& the non-agency RMBS data with the stop advance data incorporated, into the core product offering.The combination of the non-agency RMBS dataset, along with supplemental data for loan modifications and now servicer stop advances, offers issuing and investment firms the most comprehensive repository of mortgage securities data. Leveraging this information, users can run regression tests on proprietary models referencing actual results as a comparison.

CoreLogic non-agency RMBS is available on a subscription basis in flat file format and can be downloaded via file transfer protocol (FTP). CoreLogic has also fully integrated this supplemental loan level stop advance data to the non-agency RMBS platform via Vector™ Securities.

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 one of 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 approximately 5,000 employees globally. For more information, visit

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