CoreLogic Teletrack UK Launches LendOptix Payday Loan Credit Risk Model

LONDON, August 11, 2010 - — Leading Credit Reference Agency for Payday and Other Alternative
Lending Develops New Score to Predict Payment Risk –

CoreLogic (NYSE: CLGX), a leading provider of information, analytics and
business services, today announced the launch of a new credit risk model
built using proprietary payday loan performance data from Teletrack UK
Limited, a subsidiary of CoreLogic, Inc.

    (Logo: photos.prnewswire.com/prnh/20100609/CLLOGO)
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Built exclusively from payday loan performance data, the LendOptix risk
model helps lenders understand and predict payment risk in the rapidly
growing UK payday loan market. The LendOptix credit risk model complements
the Teletrack AWARE credit report to provide a statistically sound and easy
to utilize summary assessment of credit performance risk specific to payday
lending.

"We were able to leverage extensive loan performance data and market
expertise to build a powerful payday loan risk model that meets the needs of
our customers in this higher risk lending sector," said Dale Williams,
managing director of Teletrack UK. "Our customers can now use the LendOptix
score to model the profitability performance of their lending portfolios by
controlling the degree of acceptable lending risk at origination and any
subsequent renewal or rollover of the loan."

With the ability to modify score cutoffs in line with the applicant pool
and changing business needs, lenders have greater control over portfolio
performance and profitability. Demand for short-term loan products remains
high, particularly among consumers whose financial service needs are not met
by more traditional providers. These loan products require focused,
built-for-purpose risk management solutions because of the inherent higher
risk associated with making short-term loans, particularly in the online
payday market.

"As the UK payday lending market evolves, access to more focused risk
tools can help lenders develop increasingly sophisticated business models,
pricing strategies and market position to differentiate themselves from their
competitors, and that is what our customers have asked us to do in developing
this model," said Williams. "We are committed to providing innovative data
and analytics solutions in the specialist markets in which we operate to help
our clients manage profitable and responsible lending businesses and the
development of a payday loan score exemplifies that commitment."

Development of this model highlighted a number of characteristics that
are unique to both the industry and the data available from Teletrack,
including the velocity, recency and frequency of loans and credit searches.
The LendOptix model is different from traditional credit scores in a number
of ways. The data gathered and reported from payday loan providers is
uniquely current and reported in real-time, which permits immediate use of
the data in the calculation of a score for a particular applicant. The
LendOptix model can be accessed through the same interface used to process
credit searches against the Teletrack AWARE database.

"For our clients, Teletrack data is the foundation of the credit risk
assessment process. The LendOptix model will allow our clients to make
risk-based customer acquisition decisions more efficiently in store or
online, enabling early determination of credit risk based on similar products
before accessing traditional credit data and scores," said Dale Williams.
"Whilst incrementally valuable in the overall decision process, scores from
the broader credit market may not reflect the higher inherent risk associated
with the rapid nature of payday lending, which is why Teletrack invested in
the development of an industry specific score that accesses real-time data."

In addition to providing non-traditional credit data and scores,
Teletrack connects businesses to multiple external data services and scores,
including traditional credit data, fraud prevention tools, public record data
and historical bank account information to manage risk. To learn more about
CoreLogic Teletrack UK Ltd, visit their website at www.teletrack.co.uk.

About Teletrack UK Limited

CoreLogic Teletrack UK, a subsidiary of CoreLogic, Inc., was formed in
2007 to deliver risk management tools and solutions to the non-traditional
lending markets in the UK. As a credit reference agency, Teletrack UK creates
fast, reliable and cost effective access to proprietary consumer credit data.
As a multi-national provider of credit referencing services in
non-traditional markets, Teletrack UK offers an unparalleled suite of credit
risk and fraud prevention solutions, and also acts as a full service data
provider, enabling single-point access to additional third party external
databases. Teletrack delivers real-time transaction processing to support the
risk assessment needs of payday loan providers, installment lenders, mail
order companies and other consumer finance businesses serving consumers with
less than perfect credit histories in-person and online. In addition,
Teletrack offers integrated access to additional summary credit performance
data, fraud prevention, and scoring solutions from the broader credit market.
Our uniquely efficient single interface enables lenders to combine our data
with market leading traditional credit reporting, fraud prevention and
consumer authentication services. For more information visit
www.teletrack.co.uk

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

CoreLogic and Teletrack are registered trademarks of CoreLogic. LendOptix
is a trademark of CoreLogic.

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