MBA Premier Member Profile: CoreLogic
CoreLogic (NYSE: CLGX) is a leading global property information, analytics and data-enabled solutions provider. The company’s combined data from public, contributory and proprietary sources includes more than 4.5 billion records spanning more than 50 years, providing detailed coverage of property, mortgages and other encumbrances, consumer credit, tenancy, location, hazard risk and related performance information.
The markets CoreLogic serves include real estate and mortgage finance, insurance, capital markets, and the public sector. CoreLogic delivers value to clients through unique data, analytics, workflow technology, advisory and managed services. Clients rely on CoreLogic to help identify and manage growth opportunities, improve performance and mitigate risk.
Headquartered in Irvine, Calif., CoreLogic operates in North America, Western Europe and Asia Pacific. For more information, please visit www.corelogic.com.
Key Personnel
–Anand Nallathambi, President and Chief Executive Officer
–Frank Martell, Chief Operating Officer
–James Balas, Chief Financial Officer
–Robin Gordon, Chief Data Officer
–Barry Sando, Senior Executive Vice President, Group Executive, Risk Management and Workflow
–Olumide Soroye, Managing Director of Property Information & Analytics
–Laura Kelly, Managing Director of the Valuation Solutions Group
–Courtney Chakarun, Senior Vice President, Innovation Catalyst Leader
–Stuart Pratt, Senior Vice President of Government and Industry Relations
–Frank Nothaft, Senior Vice President and Chief Economist
MBA NEWSLINK: What trends might your company find compelling in the next few years?
CORELOGIC: Anything that concerns our clients is critically important to us. Compliance and risk management, for example, are a major focus for us. Also, we are continually exploring the application of big data to the development of predictive analytics. Finally, we are examining new ways for our clients to engage with and consume data and insight, so interactivity and mobility are investment priorities.
Our newest business unit–the CoreLogic Valuation Solutions Group–combines the acquired solutions of FNC and LandSafe Appraisal Services with our existing valuation-related assets. VSG is an important step in our development of a world-class property valuations capability. This unit will offer best-in-class content, analytics and workflow platforms that employ our leading technology and mobility capabilities, enabling us to gain operational scale and increase the value of our solutions. Improving the quality and economics of property valuations is a major imperative for the real estate industry and an area of significant future domestic and international focus for us.
In addition, we’re developing and launching next generation services that will drive risk management in the mortgage and capital markets. CoreLogic Innovation Labs, an accelerator of our ongoing Technology Transformation Initiative, is our primary hub for innovation–allowing us to develop the technology platforms, applications, analytical models and solutions that generate our unique residential property data-driven insights. CoreLogic Innovation Labs also supports the expansion of our mobile applications suite designed to deliver services that provide greater value to our clients.
NEWSLINK: What is the single most important issue facing your company right now?
CORELOGIC: Like the mortgage industry that we serve, the challenge CoreLogic faces is to profitably grow our business in a cyclical market, while also continuing to provide our clients with innovative solutions and services to help them grow their businesses.
Our vision at CoreLogic is to deliver unique property-level insights that power the global real estate economy. Over the past several years, we have executed a strategic transformation program centered on leveraging our unique data assets, patent-protected analytics and market-leading solutions for the benefit of our clients.
We’ve also invested in our insurance and geospatial solutions and our international businesses, strengthening our leadership presence in real estate markets as well as our reputation for high quality, service excellence and regulatory compliance.
NEWSLINK: Why did your company join the Mortgage Bankers Association?
CORELOGIC: MBA has a long history as the real estate finance industry’s biggest advocate and educator–ensuring that our policy perspectives are heard and providing us with opportunities to learn and network through their education initiatives and events.
CoreLogic has been a proud member of the MBA since our spin off six years ago–a heritage passed down from our former vice chairman, Joe Reppert (an MBA Andrew D. Woodward Distinguished Service Award winner). It’s a role we take very seriously because we believe that supporting the MBA is beneficial not only to our company, but to the entire industry.
Many of our executives and staff are active members, including:
–Anand Nallathambi, who is a member of the Financial Management Committee
–Kenneth Knudsen, who is a member of the Legal Issues and Regulatory Compliance Committee, the Secondary and Capital Markets Committee and the State Legislative & Regulatory Committee
–Kirk Poehlman, who is a member of the Secondary and Capital Markets Committee and the Quality Assurance Subcommittee
NEWSLINK: How has being a Premier level member benefited your company?
CORELOGIC: As a Premier level member, CoreLogic leaders benefit from more opportunities to engage with top-level executives who are also actively trying to solve the critical problems our industry is facing. We’ve had many positive experiences attending key leadership conferences, sponsoring events like MBA Annual and MBA Secondary, and participating in committees like the Financial Management Committee and Legal Issues and Regulatory Compliance Committee.
(MBA Premier Member Profiles are a service provided by the Mortgage Bankers Association and MBA NewsLink as a service to MBA Premier Members. Publication does not constitute an endorsement of a particular company, product or service. For more information about the MBA Premier Member program, contact Julie Dychkewich at jdychkewich@mba.org or 202/557-2779.)