CoreLogic® Partner InfoNet™ Exceeds One Million Active Listings
Email Dan Smith
September 08, 2011, Santa Ana, Calif. –
—Thirteen New Member Organizations Put Popular Revenue Sharing Program into Seven-Digit Territory—
CoreLogic (NYSE: CLGX), a leading provider of information, analytics and business services, today announced that multiple listing services (MLSs) representing more than one-million active real estate listings have joined Partner InfoNet since its inception in June 2010. Partner InfoNet, a revenue sharing program in which MLSs license their listing data to CoreLogic for use in risk management products for mortgage lenders, servicers and capital markets, recently added thirteen new MLSs bringing the total number of real estate professionals represented to more than 300,000.
“The consistent growth that brought us to this milestone reflects the market’s appetite for MLS-enhanced data as well as the desire of MLSs to see their data used in new ways that facilitate the lending process,” said Ben Graboske, chief executive officer of CoreLogic MarketLinx. “We began distributing royalty checks to MLS partners six months ago, and the market for our class-leading risk management products continues to expand.”
With the addition of thirteen more partners this summer, Partner InfoNet now has 62 MLSs in its network, a majority of which have exclusive agreements with CoreLogic. New partners this summer include:
- Baldwin County Association of REALTORS®
- Bayou Board of REALTORS®
- Cedar Rapids Area Association of REALTORS®
- Columbus Board of REALTORS®
- Fort Hood Area Association of REALTORS®
- Greater Hudson Valley MLS
- Mid American Regional Information Systems
- Middlesex County MLS®
- My Florida Regional MLS
- Naples Area Association of REALTORS®
- REALTOR®Association of Martin County
- Southwest Louisiana Association of REALTORS®
- TRIAD Multiple Listing Service, Inc.
- Wilmington Regional Association of REALTORS®
“Reaching one million listings is fantastic news,” said Bob Hale, Houston Association of REALTORS® president and CEO. “As an early adopter and strong supporter of Partner InfoNet, I am glad to see MLS organizations waking up and joining in. This is a huge step in the right direction at a critical time.”
“As new participants in Partner InfoNet, MARIS is proud to contribute to this achievement and to the success of the program in general,” said Paul Prince, president of Mid American Regional Information Systems. “We applaud CoreLogic for stepping up as a true partner to the MLS community when so many others use listing data without our permission or compensation.”
For more information on the Partner InfoNet, visit www.corelogic.com.
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 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 more than 6,500 employees globally with 2010 revenues of $1.6 billion. For more information visit www.corelogic.com.
CoreLogic is a registered trademark of CoreLogic. All other trademarks are the property of their respective holders.