CoreLogic Hires New Managing Director
Email Dan Smith
May 09, 2011, Santa Ana, Calif. –
London, England, 9 May 2011—CoreLogic® (NYSE: CLGX), a leading provider of consumer, financial and property information and business services, has today announced the appointment of Peter Stimson as the new Managing Director of UK operations for CoreLogic, a leading provider of property valuation and mortgage application fraud risk models. Stimson comes in as CoreLogic looks to strengthen its operations and expand its client base and solutions offerings in the UK market.
Stimson will be vital inconceptualising and delivering strategies to develop the breadth and depth of the company’s core offerings, which includes FraudMark® and ValuePoint®. With over twenty years of experience in the financial services sector, Stimson joins CoreLogic from the intermediary arm of the Co-Operative Bank, where he directed product strategy, pricing, capital management, liquidity and credit processes.
Prior to this, he managed the Product and Strategy Division for the financial powerhouse Lehman Brothers International, which incorporated aspects of risk, criteria, pricing and the setting up lenders in new markets across the UK, Holland, Ireland, Germany and Spain. Stimson started his extensive career in the UK mortgage market, helping to create and develop mortgage asset management company, GMAC-RFC.
Commenting on Stimson’s appointment, Dale Williams, Vice President, Global Strategy and Business Development for CoreLogic, says: “Peter is a true professional who shares our ambitions for the future of this business. With two decades of experience and his proven success in devising and implementing growth strategies, Peter will be a valuable addition to the senior management team and further strengthen our position in the UK market.”
Stimson, who will be based in the company’s Bromley office, adds: “These are exciting times for CoreLogic, particularly as trends in the housing and lending markets shift. With sophisticated fraud detection software and intelligent analytics tools, CoreLogic currently has an incredibly powerful proposition which I look forward to developing to drive the business forward.”
For further information about products and services offered by CoreLogic in the UK, please visit www.corelogicsolutions.co.uk.
About CoreLogic in the United Kingdom:
CoreLogic in the United Kingdom is recognised as a leading provider of residential property valuation and mortgage application fraud solutions to a wide range of business sectors including secured lending, capital markets, property surveying, financial planning and debt management. Previously operating as UKValuation, the pioneering developer of AVMs for the UK, CoreLogic now manages a growing database of more than 30 million property records. For more information on CoreLogic solutions in the United Kingdom please visit www.corelogicsolutions.co.uk.
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 the largest U.S. real estate, mortgage application, fraud, and loan performance databases and is a recognised 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. Formerly the information solutions group of The First American Corporation, CoreLogic began trading under the ticker CLGX on the NYSE on June 2, 2010. The company, headquartered in Santa Ana, Calif., has more than 10,000 employees globally with 2010 revenues of $1.6 billion. For more information visit www.corelogic.com.
CORELOGIC is a United States registered trademark of CoreLogic.
Notes to editors: For more information visit the website – www.corelogicsolutions.co.uk or contact the press office at firstname.lastname@example.org.