CoreLogic Named to the Inc. 500
-- Company recognized for the third consecutive year --
SACRAMENTO, August, 2006 –CoreLogic, the leading provider of collateral risk-analysis and management technology and services to the U.S. mortgage banking industry today announced that it was named to Inc. magazine’s list of the 500 fastest growing companies in the nation. This is the third consecutive year that CoreLogic (formerly C&S Marketing) has been featured on the Inc. magazine list. CoreLogic was also among the top 50 companies on the list measured by annual revenue.
The Inc. 500 is an annual list of the nation’s fastest-growing private companies based on percent sales growth from 2002 to 2005. Since its founding in 1997, CoreLogic has grown from a small, two person operation to a $70 million company with sales growth of 322 percent over the past three years. In addition to revenue growth, CoreLogic has been adding a significant number of employees to its roster, with the number of employees increasing from 89 in 2004 to more than 200 today.
“We are honored to be named to the Inc. list for the third year in a row,” said Steve Schroeder, CoreLogic CEO and Co-founder. “Since founding this company nine years ago, I have witnessed, first hand, our astounding growth and I am pleased to attribute our success to dedicated employees, satisfied customers and innovative, effective risk management tools for the mortgage lending industry.”
CoreLogic is based in Sacramento, Calif. and serves 90 of the top 100 lenders in the country with its collateral risk management solutions. CoreLogic provides tools to identify and mitigate fraudulent loans for mortgage lenders and secondary market investors across the country. As banks and lending institutions grapple with managing risk and costs, CoreLogic tools helped the industry avoid more than $1.2 billion in forward loan loss during 2005.
The company is poised for further growth and expansion as CoreLogic’s innovative front-end collateral risk screening tools continue to help the lending industry and capital markets community mitigate mortgage risk, resulting in more legitimate loans and a more stable mortgage economy for both lenders and borrowers.
About CoreLogic, A C&S Company
Sacramento, Calif.-based CoreLogic, A C&S Company, is the leading provider of collateral risk-analysis and management technology and services to the U.S. mortgage banking 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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