Friday, October 16, 2020

CoreLogic To Divest Reseller Business

Irvine-based property information provider CoreLogic said this morning that it will discontinue its reseller business, as part of a previously announced "strategic plan". The company said by divesting the business--which offers up tenant screening, credit, and borrower verification services--it will "signnificantly enhance" its revenue profile and increase its margins. The firm also said the move will reduce its exposure to mortgage volatility.

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