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CoreLogic and National Real Estate Form a Strategic Alliance to Offer the Most Reliable Warranted AVM

PITTSBURGH, PA, Oct. 24, 2005 —CoreLogic, C&S Company now offers the industry’s most reliable and flexible Warranted AVM product through a strategic alliance with National Real Estate Information Services (NREIS). CoreLogic plans to combine the NREIS Warranted AVM with built-in fraud and flip detection through their proprietary HistoryPro product.

By combining NREIS Warranted AVM with HistoryPro, CoreLogic’s newest AVM offering features maximum flexibility for setting criteria including tolerance for error, loan value and LTV Additionally, this AVM warranty covers overvaluation losses including those related foreclosure expenses.

“Combining the full featured flexibility of the NREIS Warranted AVM with HistoryPro creates one of the safest, most comprehensive AVM products in the market today,” said David Keller, President of National Mortgage Systems, who worked with NREIS and CoreLogic to bring the product to market.

The HistoryPro analysis tool is an important feature when added to the NREIS Warranted AVM. HistoryPro runs a variety of risk analyses on the property, including potential for fraud or flip, and the program alerts the lender if the risk is considered very high.

“National Real Estate offers a strong, flexible Warranted AVM product. When combined with the accuracy of our HistoryPro analysis, lenders can order the most comprehensive and secure valuation available in the market today,” stated Kraig Clark, chief operating officer, CoreLogic.

NREIS and CoreLogic will be discussing this Warranted AVM product in more detail at the 92nd Annual Mortgage Banker’s Association conference in Orlando, Fla., from October 23 – 26, 2005. Please contact Cristy Ward, Director of National Accounts, NREIS at 1.800.753.3339 ext. 6811 for more information.

About NREIS
For more than 20 years, National Real Estate Information Services (NREIS) has supported residential and commercial real estate transactions through a custom service model, easy-to-use technology, and comprehensive products. National's products and services include title insurance and property reports, real estate appraisals and alternative valuation products, settlement and closing services, flood, default services, and property preservation. The company web address is www.nreis.com.

About CoreLogic, a C&S Company
Sacramento, Calif. based CoreLogic, a C&S company is the leading provider of collateral risk assessment and fraud prevention solutions to the mortgage industry. Since 1997, the mortgage industry has relied on CoreLogic to enable risk management and workflow process support. Using CoreLogic technology, mortgage originators and investors are able to increase profitability and loan quality by making more informed lending and investment decisions. The CoreLogic suite of property information tools provides the data, comprehensive geographic coverage, ease-of-use and accessibility the mortgage industry needs. For more information about CoreLogic, visit www.corelogic.com.

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