Corelogic Just Acquired Alamode

[Vivian Bachner]

... is this horizontal or vertical diversification

I think they call this a trust....let's play monopoly

 

[Vivian Bachner]

... is this horizontal or vertical diversification

I think they call this a trust....let's play monopoly

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?

Dan you forgot Appraisalport and Mercury..we can pay to do appraisals! Whoopie!!!!

 

[MTOJOBS]

Corelogic wants the appraisal industry to fail. Then they can go to congress and the senate and get rid of the appraisal requirement (that uses an appraiser) and require lenders to at least use a system like theirs and now they get the whole $550.00 their charging. They may pay some poor bum (a former appraiser that gave up his data) to go out and inspect the Subject for $50.00 and provide them with photos for the big data. We can call the DOJ at 855-856-1247. Also call your state DOJ and see if there is anything there that can be done. Also contact Bob Goodlatte who sits on the Judiciary committee that over sees enforcement of antitrust regs. I am still looking up who to contact. I am also going to contact my local board of realtors to educate them on Corelogic. I hated it when we gave up our own MLS program. Corelogic is going after them too. It's only a matter of time before Zillow and Corelogic merge. Then the whole real estate industry is doomed and it will be our own fault for using them and standing by and letting it happen.

 

[MTOJOBS]

Corelogic wants the appraisal industry to fail. Then they can go to congress and the senate and get rid of the appraisal requirement (that uses an appraiser) and require lenders to at least use a system like theirs and now they get the whole $550.00 their charging. They may pay some poor bum (a former appraiser that gave up his data) to go out and inspect the Subject for $50.00 and provide them with photos for the big data. We can call the DOJ at 855-856-1247. Also call your state DOJ and see if there is anything there that can be done. Also contact Bob Goodlatte 202-225-3951 who sits on the Judiciary committee that over sees enforcement of antitrust regs. I am still looking up who to contact. I am also going to contact my local board of realtors to educate them on Corelogic. I hated it when we gave up our own MLS program. Corelogic is going after them too. It's only a matter of time before Zillow and Corelogic merge. Then the whole real estate industry is doomed and it will be our own fault for using them and standing by and letting it happen.

 

[EddieB]

When Corelogic moves into Real Estate brokerage, the NAR and AI will finally speak up. It will be too little and way too late

 

[Renee Healion]

https://www.judiciary.senate.gov/about/members
https://judiciary.house.gov/subcomm...gulatory-reform-commercial-and-antitrust-law/
https://judiciary.house.gov/wp-cont...House-Judiciary-Committee-Updated-1-10-18.pdf (minus Blake)

https://www.justice.gov/atr/contact-information

 

[dobegrl]

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.

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.

Agreed. Ever since they took over our MLS and Marshall and Swift I have been saying this. I never thought Ala Mode would sell out.

 

[glenn walker]

The DOJ is a toothless organization and it's employees are too busy looking for Russians and **** Stars - Don't think Corelogic is a big ticket item and the money center banks love their services - Too bad Dodd & Frank retired they could have included this issue in their 2,800 page document next to C & R fees : ) LOL

 

[Renee Healion]

Then offer another approach.

 

[Proactive]

I've been an a la mode user since the dark days of DOS. CoreLogic? Satan (imho).

Soundtrack selections for today:

"I heard it Through the Grapevine" - Marvin Gaye
"It's Over" - Roy Orbison
"Without You" - Harry Nilsson
"I Know It's Over" - The Smiths
"The Rat" - The Walkmen
"**** and Run" - Liz Phair