CoreLogic First to Deliver Credit Report Supplements in Ellie Mae Encompass Platform

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June 12, 2014, Irvine, Calif. –

—Encompass Users Can Now Request Credit Tradeline Verifications Directly from LOS—

CoreLogic® (NYSE: CLGX), a leading global property information, analytics and data-enabled services provider, today announced the availability of its Merge Plus credit supplement on Ellie Mae’s Encompass®, a widely utilized mortgage management solution. Merge Plus from CoreLogic Credco® provides lenders with the ability to request additional details on an applicant’s credit report, streamlining the loan application decision process. CoreLogic Credco is first to offer credit supplements like Merge Plus in the Encompass platform.

Merge Plus is designed to provide lenders with additional information on an applicant when alerts or inconsistencies appear on the applicant’s credit report. When a Merge Plus is requested by a lender using Encompass, an FCRA-certified specialist at CoreLogic Credco performs additional research on up to three items in the applicant’s credit report, including current balances on accounts older than 90 days, accounts in dispute or severe delinquency. A Merge Plus can be ordered on an Instant Merge® credit report for up to 30 days.

“Merge Plus provides a more rigorous view into information that may be incorrect or out of date, giving lenders additional opportunities to close loans that might otherwise be denied,” said John Bauer, senior vice president for CoreLogic. “Now, with the integration into Encompass, lenders can more easily request credit supplements and incorporate that updated information into their loan applications.”

Merge Plus joins other CoreLogic products currently integrated in the Encompass platform, including Instant Merge®, the widely used 3-bureau merged credit reporting solution, flood determinations, LoanSafe Fraud Manager, 4506-T Direct, FinalCheck, Automated Valuation Models and appraisal services.

For more information about CoreLogic Credco visit www.corelogic.com/credco

About CoreLogic

CoreLogic (NYSE: CLGX) is a leading global property information, analytics and data-enabled services provider. The company's combined data from public, contributory and proprietary sources includes over 3.3 billion records spanning more than 40 years, providing detailed coverage of property, mortgages and other encumbrances, consumer credit, tenancy, location, hazard risk and related performance information. The markets CoreLogic serves include real estate and mortgage finance, insurance, capital markets, and the public sector. CoreLogic delivers value to clients through unique data, analytics, workflow technology, advisory and managed services. Clients rely on CoreLogic to help identify and manage growth opportunities, improve performance and mitigate risk. Headquartered in Irvine, Calif., CoreLogic operates in North America, Western Europe and Asia Pacific. For more information, please visit www.corelogic.com.

CORELOGIC, the CoreLogic logo, CoreLogic Credco, Instant Merge, and LoanSafe Fraud Manager are trademarks of CoreLogic, Inc. and/or its subsidiaries. All other trademarks are the property of their respective owners. 

Ellie Mae® and Encompass® are registered trademarks or trademarks of Ellie Mae, Inc. All rights reserved.