CoreLogic Teletrack Launches Suite of Analytic Models and Tools to Improve Lead and Credit Risk Evaluation

By Corelogic, PRNE
Thursday, September 9, 2010

Leading Provider of Non-Traditional Consumer Credit Data Develops Lead Quality and Credit Risk Scores -

NORCROSS, Georgia, September 10, 2010 - CoreLogic (NYSE: CLGX), a leading provider of information, analytics and
business services, today announced the launch of LeadOptix, an innovative
lead quality model, and LendOptix, a credit risk model, from Teletrack Inc.,
a subsidiary of CoreLogic, Inc.

    (Logo: photos.prnewswire.com/prnh/20100609/CLLOGO)
    (Logo: www.newscom.com/cgi-bin/prnh/20100609/CLLOGO)

Created for online credit grantors, LeadOptix delivers an objective
assessment of applicant identity risk by examining the previously reported
relationships between an applicant's name, address, phone and other
attributes submitted online. In addition, LeadOptix uses aggregate credit
data from Teletrack and traditional sources to perform an initial evaluation
of lead quality.

Complementary to LeadOptix, the LendOptix risk model helps credit
grantors understand and predict payment risk by scoring applicant-specific
credit performance data maintained by Teletrack and other credit reporting
databases.

"As the non-traditional lending market evolves, access to more focused
tools can help lenders develop increasingly sophisticated risk management
models to help differentiate themselves from their competitors," said Dale
Williams
, president of CoreLogic Teletrack. "In an environment where the cost
of acquiring a customer is compounded by the expense of processing
low-quality or fraudulent applicants, online lenders are searching for tools
that expedite lead assessment so they can evaluate the quality of the data
before they engage an applicant or evaluate credit."

LeadOptix scores the submitted lead data by evaluating predictive
variables derived from a range of data sources including the Teletrack
proprietary databases. LeadOptix evaluates the information associated with
the lead before applying aggregate non-traditional and traditional credit
data. Once the lender has purchased the lead, LendOptix provides a
statistically sound and easy to use summary assessment of credit risk
specific to alternative credit products. In addition to proprietary credit
performance data from Teletrack, the LendOptix model leverages traditional
credit performance data to enhance the risk evaluation of an applicant.

"We were able to leverage extensive data assets and market expertise to
build a powerful suite of models that meet the needs of our customers in the
higher risk lending sector," said Williams. "Our customers can now use
LeadOptix to assess identity risk and lead quality while LendOptix permits
the lender to quickly evaluate credit risk. Both of these models enable
non-traditional lenders to control the performance of their lending
portfolios by assessing the degree of applicant identity, quality and credit
risk."

"We are committed to providing innovative data and analytics solutions in
the non-traditional market to help our clients manage identity risk, assess
the potential value of leads and make profitable and responsible lending
decisions," said Williams. "The introduction of LeadOptix and LendOptix
scores exemplifies that commitment."

In addition to providing risk and lead quality models, Teletrack connects
businesses to multiple external data services and scores, including
traditional credit data and risk scores, public record data and historical
bank account information to manage risk. To learn more about CoreLogic
Teletrack, visit their website at www.teletrack.com.

About CoreLogic Teletrack

As an FCRA-compliant consumer reporting agency, CoreLogic Teletrack
provides access to non-traditional consumer credit data and a suite of credit
risk and fraud prevention solutions. Teletrack supports the risk assessment
needs of consumer finance businesses serving consumers with less than perfect
credit histories. Our specialty credit platform is a single source of risk
management solutions for non-traditional consumer finance businesses. Built
upon the largest database of alternative credit performance information,
Teletrack integrates and manages an extensive network of risk management
solution providers to dramatically shorten the time and expense required to
achieve a competitive advantage in today's dynamic consumer finance market.
With all types of lenders closely monitoring credit extension, our fast,
flexible platform provides access to a comprehensive set of risk management
solutions to support the evolution of alternative credit products, including
longer term installment loans, line of credit and related financial products.
The Teletrack specialty credit platform offers companies an extended set of
credit and fraud risk solutions beginning with its own proprietary data
assets, which include more than 240 million consumer credit records
representing approximately 39 million unique consumers. In addition, these
extended solutions include a variety of external data services and scores,
including public records, bank account information, and traditional credit
performance data. For more information visit www.teletrack.com

About CoreLogic

CoreLogic (NYSE: CLGX) is a leading provider of consumer, financial and
property information, analytics and services to business and government. The
company combines public, contributory and proprietary data to develop
predictive decision analytics and provide business services that bring
dynamic insight and transparency to the markets it serves. CoreLogic has
built the largest U.S. real estate, mortgage application, fraud, and loan
performance databases and is a recognized leading provider of mortgage and
automotive credit reporting, property tax, valuation, flood determination,
and geospatial analytics and services. More than one million users rely on
CoreLogic to assess risk, support underwriting, investment and marketing
decisions, prevent fraud, and improve business performance in their daily
operations. Formerly the information solutions group of The First American
Corporation, CoreLogic began trading under the ticker CLGX on the NYSE on
June 2, 2010. The company, headquartered in Santa Ana, Calif., has more than
10,000 employees globally with 2009 revenues of US$2 billion. For more
information visit www.corelogic.com

Media, Bob Visini, Corporate Communications, +1-415-536-3526, newsmedia at corelogic.com, or Investors, Dan Smith, Investor Relations, +1-703-610-5410, investor at corelogic.com, both of CoreLogic

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