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CoreLogic Revenues Up Despite Mortgage Contraction

IRVINE, CA—The firm reports revenues of $349.4 million in Q2, a rise of 0.4% in a market where national mortgage volumes are estimated to have contracted 50%.

By Carrie Rossenfeld | Updated on July 28, 2014

IRVINE, CA—Research firm CoreLogic reports an increase in revenues during the second quarter and growth in its data-and-analytics sector, as well as market outperformance in technology and processing solutions. All of this took place in a market where US mortgage volumes are estimated to have contracted 50%.

The firm reports Q2 revenues of $349.4 million, up 0.4% from the previous quarter, and data-and-analytics growth increased 14%, fueled by growth in insurance, spatial solutions and international. Technology and processing solutions was down 11% as share gains partially offset the impact of lower mortgage originations and discretionary spending.

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