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Corelogic Just Acquired Alamode

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Overimprovement

Senior Member
Joined
May 31, 2017
Professional Status
Certified Residential Appraiser
State
Kentucky
To: Our customers

From: Jay Shafer, CEO of a la mode

Subject: News about a la mode and CoreLogic

Earlier today we announced CoreLogic has acquired a 100% ownership interest in a la mode. You can read the press release here and get more detail in our Q&A document here.

Our commitment to appraisers coupled with our software solutions are the driving forces behind this transaction. As part of CoreLogic, a la mode will continue to be focused on helping you work faster, more accurately, and with the highest level of credibility and support. Our entire history of products, from Grand TOTAL for MS-DOS to Titan embodies that unwavering commitment.

I'm sure you may be wondering what all is going to change. Rest assured, there are no immediate planned changes to your products or services because of this acquisition. You can expect to receive the same levels of customer support and service that you are accustomed to. Over time, our goal is to enhance our products and services leveraging the best of what CoreLogic has to offer.

As always, thank you for being our customer. Whether you signed up with us yesterday or back in 1985, we appreciate how you've helped us grow and how your continued support will help us shape the industry in the best interest of appraisers.

If you have any questions or concerns, simply reply to this email. We'll have an open dialog with you, just as we always have.

Jay Shafer
CEO
a la mode
 
This really stinks. Corelogic is buying up appraisal software and AMC’s like crazy. Expect higher prices; less competitive fees. I would switch software, but I’m about ready to retire in a few years and don’t want to deal with it. I’ve used alamode for nearly 17 years. Used ACI before then and switched. So I’m kind of locked in.
 
Corelogic purchased Landsafe, Bank of America’s AMC.

Corelogic purchased RELS, Wells Fargo’s AMC.

Corelogic purchased Marshall and Swift, our cost manual provider.

Corelogic owns the technology platform utilized by many local MLS boards, including Central Jersey MLS and Trend MLS in my area.

Corelogic now owns the largest provider of residential form software.


They are trying to own the entire real estate data process. Isn't running the MLS platform a conflict of interest with owning an AMC and appraisal software?
 
It's a good time for an anti-trust investigation.How is this monster in any consumer's interest?

This is just the last piece. Not a surprise from the selling end, so enough about alathat. Not concerned about who is in the counting house.

There is no sunlight in the shadow CoreLogic casts.
 
... is this horizontal or vertical diversification :rof:
 
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