CoreLogic Signs MLSListings to Partner InfoNet
Email Dan Smith
January 11, 2012, Santa Ana, Calif. –
—MLSListings One of Eight MLSs to Join Partner InfoNet in 4th Quarter 2011––
CoreLogic® (NYSE: CLGX), a leading provider of information, analytics and business services, today announced that MLSListings, Inc. (MLSListings), a prominent multiple listing service (MLS) provider for more than 16,000 real estate professionals in the San Francisco, San Jose/Silicon Valley and Monterey Bay areas of California, has signed an agreement with CoreLogic to participate in Partner InfoNet™. Partner InfoNet is an innovative revenue sharing program in which MLSs license their listing data to CoreLogic for use in risk management products for mortgage lenders, servicers and the capital markets.
“As a REALTOR® association-owned and broker-governed not-for-profit company with a reputation for innovation, MLSListings is always looking for new ways to bring more value to its REALTOR® members,” said James Harrison, president and CEO of MLSListings. “By licensing our data to an industry leader like CoreLogic, we can tap into the value of our listings while maintaining the security and accountability levels that we require.”
In addtion to MLSListings, during the fourth quarter of 2011, Partner InfoNet also added seven other organizations:
- Western Oklahoma Board of REALTORS®
- Northwest Mississippi Association of REALTORS®
- Bloomington-Normal Association of REALTORS®
- North Carolina Mountains MLS
- Crystal Coast MLS
- Cayuga County Association of REALTORS®
- Intermountain MLS
After achieving a million active listings in August, Partner InfoNet now represents more than 333,000 real estate professionals from 69 member organizations—more than half of which have chosen exclusive data licensing agreements with CoreLogic.
“MLSListings is known as a progressive MLS and we view their commitment to the Partner InfoNet as an enormous endorsement of our program and its business model.” said Ben Graboske, senior vice president of CoreLogic. “The Partner InfoNet provides a secure and legitimate method to leverage MLS data in lending and servicing processes while at the same time providing value back to our MLS Partners. As the market for MLS-enhanced risk management solutions continues to expand, we look forward to sharing our successes with MLS Listings and all our partners.”
For more information on 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 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 more than 5,000 employees globally. For more information visit www.corelogic.com.
About MLSListings, Inc.
MLSListings, Inc. is the premier multiple listing service (MLS) for real estate listings in northern California, representing the REALTOR® associations of Central Valley, Santa Clara, Santa Cruz, Silicon Valley, San Mateo, Monterey, Pajaro Valley, and San Benito. Currently, the not-for-profit MLSListings represents more than 16,000 MLS subscribers, in approximately 6,000 firms, in an area covering 28,000 square miles. MLSListings facilitates more than $70 billion annual real estate transactions, and maintains a free, public real estate search for homes for sale at www.mlslistings.com.
CORELOGIC, and the stylized CoreLogic logo are registered trademarks owned by CoreLogic, Inc. and/or its subsidiaries. PARTNER INFONET is a common law trademark owned by CoreLogic, Inc. and/or its subsidiaries. No trademark of CoreLogic shall be used without the express written consent of CoreLogic.
All other trademarks are the property of their respective owners.