CoreLogic - Investor Day May 2010

CoreLogic, Inc.
Investor Day
Anand Nallathambi, President and CEO
May 11, 2010
©2010 CoreLogic, Inc.

Why We’re Here Today
1. Introduce CoreLogic leadership
2. Describe our business
3. Identify growth potential
4. Engage equity investors
2
Agenda / CoreLogic Management Team
CoreLogic Overview
Anand Nallathambi, President and Chief Executive Officer
Economic Outlook
Mark Fleming, Chief Economist
Business & Information Services Segment

Barry Sando, Group Executive, Business & Information Services
Employer, Legal & Marketing Services Segment

Anand Nallathambi, President and Chief Executive Officer
Data & Analytics Segment

George Livermore, Group Executive, Data & Analytics
Financial Review and Guidance

Buddy Piszel, Chief Financial Officer
Q&A
3
Presenting CoreLogic
4
CoreLogic Investment Highlights
Core competencies in data acquisition, analysis and delivery
Leveraged for top-line and margin growth
Introduction of new analytics and outsourcing products
Complementary, accretive acquisitions
Mortgage market recovery
Seasoned management team
5
CoreLogic
• Mortgage Origination
Business & Services
Information Services • Default & Technology
Services
• Specialty Finance
CoreLogic Data & Analytics Solutions
• Risk & Fraud Analytics
Employer, Legal & • Employer Services

Marketing Services • Litigation Consulting
• Lead Generation
6
Balanced Business Mix1
$ bn 2.5
2009 Revenue
Business % of Total
2.0 Contribution
1.5 Business & Information Services $982M 50%
1.0
Data & Analytics $689M 35%
Employer, Legal & Marketing $306M 15%

0.5
0.0
2009 Revenue
Business & Information Services
Data & Analytics
Employer, Legal & Marketing
$ bn 0.5
2009 EBITDA
Business % of Total
0.4 Contribution
0.3 Business & Information Services $245M 53%
Data & Analytics $201M 43%

0.2
Employer, Legal & Marketing $18M 4%

0.1
0.0
2009 EBITDA
Data & Analytics
(1) Excludes corporate and eliminations. 7
©2010 CoreLogic, Inc. Note: All Revenue and EBITDA disclosures are adjusted for nonrecurring items. See reconciliation in appendix.
CoreLogic Business Description
$2.0 billion revenue provider of differentiated risk management
solutions to the financial services industry
Unparalleled data assets and proven ability to develop leading-edge
analytic tools
Three segments with multiple product lines that have leading market
shares
Extensive distribution power
Over 10,000 employees worldwide
Global presence allowing for 24/7 operations and client service
8
Core Competencies and Key Differentiators
Key differentiators from competition:
Data aggregation and normalization
Robust data assets coupled with strong analytics
“Platform agnostic” tools, systems and processes designed to operate with all
major industry platforms
Large scale outsourcing services built around data assets and strong analytics
Leading market shares with deeply embedded client relationships
9
Unparalleled Data Assets
Public Record Data - Data Acquired From
Aggregated. Standardized. Digitized. Third Parties
Property Tax Credit History

Property Database Flood Database
Database
• 25 million credit reports provided per year

• Property & lien • Geo-coded parcel maps • Tax payment history to lenders, auto dealers and other clients
information covering covering over 120mm data on over 128mm
over 95% of US Homes parcels parcels • Provider of “Tri-merge” credit report based
on data obtained from credit bureaus
Proprietary Data
Delinquency and Asset Backed Multiple Listing High Risk Multi-Family/

Prepay Data Securities Data Service Data Borrower’s Data Tenancy Checks
Data from • Data from landlords

• Servicing Data • Covering 98% of • Realtor-submitted •
landlords, payday and owners of
covering 85% of US All non-agency home data on almost
lenders, subprime multi-family
home loans MBS deals half of all residential
lenders, rent -to- properties
50MM Active Loans; transactions
• • 7MM Active Loan Own retailers • Nation’s largest
$7.1tn of Balances Records; $1.6tn • Property detail,
Payment histories, provider of tenant
of balances asking price and •
charge -Off data background checks
sales price data
10
Turning Companies Into Product Lines
1990 1991 1995 1997 2002 2003

Purchase of Purchase of Flood Establishment of Purchase of Broker Formation
Tax Services and Credit Joint Venture Price Opinion of FADV
Services with Experian Business
Purchase of
Transamerica
Flood & Tax
Businesses
2004 2005 2006 2007 2009 2010

FADV Contribution of FADV purchase Purchase of Buy-out of Buy-out of
Purchase of Credco to FADV of Applicant majority FADV Experian and
Employment Tracking System interest in minority CoreLogic
and Tenant CoreLogic interest minority
Screening interests
FADV purchase
of Quest & True Purchase of
Data Partners LoanPerformance
Purchase of
Multiple Listing
Services
11
Extensive Distribution Power/Client Connectivity
Deeply embedded client connections
Solutions utilized by all of the top 100 mortgage lenders/originators
Over 500,000 realtors
Hedge funds, broker-dealers, investors
All GSEs and federal financial regulators
One-to-one relationships with millions of individual users
12
Resilient Through the Financial Crisis
CoreLogic was resilient in the face of difficult market conditions between
2007 and 2009
Revenues and EBITDA down modestly in 2008 despite 33% decline in

originations from 2007 and lack of securitization market activity in 2008
and 2009
CoreLogic Total Revenue and EBITDA1 U.S. Mortgage Originations2
(1) Reflects CoreLogic consolidated Financial Results

(2) U.S. Mortgage Originations per Mortgage Bankers’ Association estimates 13
2010 – Bridge to Growth
Expected market trough
Completion/integration of minority interests

New product collaboration
Expected integration savings
Prioritized market opportunities
New brand launch
New corporate infrastructure
Expected continued resilient financial performance
14
Drivers of 2011 / 2012 Growth
Highly leveraged to gradual market recovery
Continued trend towards transparency
Adoption of newly introduced products
New products / services from fully integrated businesses
Leaner cost structure
Acquisitions
15
16
Economic and Housing Trends –
2010 and Beyond
Mark Fleming, Chief Economist
17
Overall Economic Health
GDP and Future Growth
Percent
Source: BEA and MBA Forecast

18
Overall Unemployment Rate
Unemployment expected to decline from peak in 2009
Source: BLS and MBA Forecast

19
Trigger One- Unemployment & Delinquencies
Unemployment Impacts Capacity to Pay
20
Trigger Two- Negative Equity
Top 10 states and the U.S.
21
The Stock of Defaults in the Shadows
Invisible Inventory of Distressed Properties
22
Implications for House Price Appreciation
SF Combined vs. SF Excluding Distressed
23
Is the “New Stuff” Any Better
60+ Delinquency by Vintage Year-Conforming Prime
24
The Flow of Mortgage Finance
Mortgage Originations
Purchase Refinance
Source: MBA Forecast

25
The Flow of Mortgage Finance
Private Label Residential MBS Issuance
History
Source: ABA Alert

26
The Stock of Mortgage Finance
Mortgage Debt Outstanding and Risk
27
Overall Credit Market
Consumer Credit Outstanding
28
Barry Sando, Group Executive
29
Business and Information Services
We are:
…an information and outsourcing services provider holding leading market

positions in key processes critical to mortgage originations, servicing and default
functions
…a primarily originations-driven business complemented by default services that

naturally work to offset the business impact of a general mortgage lending downturn
…a business partner that leverages a global workforce with the strength of

approximately 6,000 employees worldwide to provide rapid deployment and superior
service delivery
…a leadership team that promotes a performance and innovation culture that

generated about $1B in revenue and EBITDA margins of 25% in 2009
30
Business and Information Services Overview
…a multi-faceted set of business solutions woven deeply
into our clients’ operations
Multiple layers of integration
Creates sustainable partnerships
The building blocks for future revenue growth
31
Financial Overview
Key Highlights
Business showed resiliency in

2007 – 2009
Key drivers
Continued growth in default
products
Improvement in originations
market
Effective cost management
32
Leveraging a Global Workforce
2009 Business and Information Services Headcount
24 hour processing
International
Domestic Lower cost structure
49%
51%
Rapid implementation
Enhanced quality control
33
Business and Information Services
Business Lines
• Tax Services
Mortgage Origination • Flood Data Services
Services • Appraisal Services
• Document Solutions
Business and
Information
Services • Loss Mitigation Services
• REO Asset Management
Default and • Default Technology
Technology Services • Claims Management
• Broker Price Opinions
• Field Services
34
Mortgage Origination Services – Tax Services
Procures and aggregates # 1 Market Position

property tax information
from over 20,000 taxing
authorities
Make payments on behalf of
lenders Insourced Other Available CoreLogic
Data Aggregation Mastery

Key Statistics 2009
141 million tax parcels $54 billion in tax payments processed
(nearly 98%)
56 million reporting events
Over 20,000 taxing agencies 29 million loans under service
3.4 million new loans boarded in 2009
25 million + delinquency records 17 of top 20 mortgage servicers
35
Tax Services Infrastructure
36
Mortgage Origination Services – Flood Data
Services
Providing flood zone #1 Market Position
determinations and geospatial
data to mortgage lenders and
insurance companies
nationwide
Other Available CoreLogic
Data Aggregation Mastery

Key Statistics 2009
121 million digital parcels 9 million certifications
10 million map revision reviews
Monitoring 71 million loans 7 thousand client ordering accounts
16 of top 20 mortgage servicers
91% automated fulfillment rate
37
CoreLogic – Flood Data
Advanced geospatial technologies identify flood risk with property-
level precision
123 Elm Street

Austin, Texas 78704
Flood Zone: X
…unparalleled precision allows for accurate risk assessment
38
Mortgage Origination Services – Appraisal
Services
Providing appraisals and Market Share
hybrid valuation products to
financial institutions
nationwide
Data Mastery Other Available CoreLogic
Links to real estate data

Key Statistics
Integration with valuation Over 2 million appraisals completed
analytics during 2009
Over 15 thousand qualified appraiser
Equals next generation experts in panel
appraisal products
39
Appraisal 2.0 Overview
40
Mortgage Origination Services
Financial Overview
41
Growth Drivers
Well positioned for originations market recovery

Opportunities for additional market share
New products/hybrid products planned
Focus on new markets
Geographic - Mexico
Industry verticals
– Telecommunications
– Energy
– Insurance
42
Storm Surge Exposure
CoreLogic released a 2010 report identifying the top 13 coastal
metros at highest risk to residential exposure to hurricane storm surge
Miami, FL
43
Spatial Solutions – Storm Surge Press
44
Business Line Overview
Default and Technology Services
Default Process
Delinquency Loss Mitigation Foreclosure REO
Field Services - Inspection Services Field Services – Preservation Services
Foreclosure Claims
Loss Mitigation Services REO Services
Services Services
Broker Price Opinion Services
Default Technology Services (VendorScape, iClear)
45
Financial Overview
46
Growth Drivers
Shadow Inventory
Additional Market Share Among Majors
REO Asset Management
Claims Outsourcing
Continued Servicer Capacity Constraints
Default activity expected to be above normal through 2013
Hybrid/Derivative Products
47
Product Example
VSREO
48
Summary
Well positioned for sustainable growth and strong EBITDA

margins
Deep, embedded relationships with top mortgage lenders
Balance between default and origination focused services
Opportunities for international expansion
49
50
Services
Anand Nallathambi, President & CEO
51
Employer, Legal & Marketing Services
Business Lines
• Background Screening
• ATS/CRM
• Advanced Biometrics
Employer Services • Tax Consulting Services
• Assessments
• Recruiting Solutions
Employer,
Legal, & • eDiscovery
Litigation Consulting • Computer Forensics
Marketing • Investigative Services
Services
Lead Generation • Core Lead Generation

• eAdvertising
52
Employer, Legal & Marketing Services Overview
Leading provider of information risk solutions through three industry
leading divisions
First Advantage Employer Services
LeadClick Media
Litigation Consulting
Complementary portfolio of product offerings

Significant cross-selling opportunities and scale
Proven international capabilities

Australia, Canada, China, Germany, India, Japan, and Singapore among others
Over 10,000 clients served globally in 2009
2009 revenue of $306 million and EBITDA of $18 million
Over 2,000 employees across 40 global offices
53
Financial Overview
Key Highlights
Highly scalable operations

leveraged to market recovery
Increased operational
leverage and improved cost
structure
Businesses operate in large
markets expected to rebound
from 2009 trough
Litigation Consulting and
Employer Services positioned
for growth with economic
recovery
54
Data & Analytics
George Livermore, Group Executive
55
Data & Analytics
We are:
…the world’s leading provider of property and consumer information and analytics
…focused on building risk management tools that increase transparency, productivity,

competitiveness and profitability for our clients
…the owner of robust, unique data assets related to consumers, real estate, and
mortgage securities with a core competency in linking them to produce unique insight
and value to our clients
…an innovator with patented intellectual property and leading market share in real
estate, mortgage analytics, and consumer credit
…a high-performing team that generated 2009 revenues of $689MM and EBITDA

margins of 29.2%
56
Data & Analytics Focus
Data Query Analytics

Tools
Leading Real Estate Market Leading Innovative Solutions to
Information Provider Information Reports Market Challenges
Public and Proprietary Data Robust Distribution Hybrid Data & Analytics
collection for research Channels deliver data and that combine our proprietary and
analytics through any medium client contributed data to create
unique value
Data Cooperatives in Systems to mine, Patented IP powered by our

servicing and loan aggregate and create data and deeply embedded in our
applications intelligent insight clients’ operations
57
Information Assets
Ownership of Robust Assets in Each Category
Real Estate Mortgage Consumer

Information Information Information
Assessors Mortgage Loan Applications Non-Traditional Credit
Recorders Mortgage Servicing Criminal / Background
Courthouses MBS/ABS Securities Tenant
Unique capability to link all three assets to deliver a 360 degree view of risk
and opportunity for our clients
58
Unparalleled Data Assets
Public Record Data - Data Acquired From
Aggregated. Standardized. Digitized. Third Parties
Property Tax Credit History

Property Database Flood Database
Database
• 25 million credit reports provided per year

• Property & Lien • Geo-coded parcel maps • Tax payment history to lenders, auto dealers and other clients
Information Covering covering over 120mm data on over 128mm
over 95% of US Homes parcels parcels • Provider of “Tri
-merge” credit report based
on data obtained from credit bureaus
Proprietary Data
Delinquency and Asset Backed Multiple Listing High Risk Multi-Family/

Prepay Data Securities Data Service Data Borrower’s Data Tenancy Checks
Data from • Data from landlords

• Servicing Data • Covering 98% of • Realtor submitted •
Landlords, PayDay and owners of
covering 85% of US all Non-Agency home data on almost
Lenders, Subprime multi-family
Home Loans MBS Deals half of all residential
Lenders, Rent -to- properties
50MM Active Loans; transactions
• • 7MM Active Loan Own Retailers • Nation’s largest
$7.1Tln of Balances Records; $1.6Tln • Property detail,
Payment Histories, provider of tenant
of Balances asking price and •
Charge -off Data background checks
sales price data.
59
Unique Data Breadth and Depth
Property Information
# of U.S. Counties # of U.S. Counties

Data Covered Data Covered
Description Description
CoreLogic MDA LPS CoreLogic MDA LPS
Property Ownership 3,093 909 1,877 Federal Tax Liens 1,076 0 0
Sales Transactions 2,555 659 847 State Tax Liens 985 0 0
Mortgages 1,427 659 677 Mechanic Liens 1,101 0 0
Adjustable Rate Riders 1,309 0 0 Homeowner’s Assoc. Liens 867 0 0
Foreclosure 1,922 659 847 Judgments 1,131 0 0
Pre-Foreclosure 1,485 154 151 Support Judgments 689 0 0
Assignments 1,384 478 0 Local /City/ County Liens 888 0 0
Release of Mortgage 1,383 0 0 Divorces 823 0 0
Bankruptcies 3,144 0 0
LPS – Lender Processing Services; MDA – MacDonald Dettwiler Corporation

Competitive information as of February 2010 - gathered using best available public information sources
60
Mortgage / Consumer
# of records in # of records in
database compared to database compared to
Mortgage / competitors Mortgage / competitors
Consumer Data Consumer Data
CoreLogic MDA LPS CoreLogic MDA LPS
Mortgage Applications 75M 0 0 SSN Validation 400M 0 0
MBS Securities 24M 0 0 Delinquency Activity 3M 0 0
Mortgage Servicing 68M 0 45M Rental Applications 49M 0 0
Non Prime Credit Records 40M 0 0 Criminal Classifications 500K 0 0
Landlord - Tenant Cases 34M 0 0 Trucking Corp Credit 700K 0 0
Criminal Records 300M 0 0 Bankruptcy 35K 0 0
Sex Offender Registry 4M 0 0 Transportation Credit 60K 0 0
Government Watch List 430K 0 0
* LPS – Lender Processing Services, MDA – MacDonald Dettwiler Corporation

* Competitive information as of February 2010 - gathered using best available public information sources
61
Infrastructure and Distribution Channels
Infrastructure Distribution
Core competency in data One-to-one relationships
aggregation and database with more than a million
management users
Highly scalable enterprise Solutions utilized by all of
systems to process and the top 100 mortgage
standardize millions of lenders/originators, by
transactions daily investors and by regulatory
agencies
Flexibility to deliver
information and analytics to FCRA-compliant delivery
clients any way they desire platform offers clients
security and flexibility 62
Intellectual Property & Analytics
Intellectual Property
Innovative culture; first to market with many new technologies
5 patents granted, over 30 pending applications
– Property valuation-based predictive modeling
– Consumer direct surveillance
– Mortgage application and debit card fraud detection
Aggressive protection of intellectual property
– Data seeding and market surveillance
Analytics
50+ PhD’s and scientists developing leading-edge products
More than 20 discrete analytic products create unique value for our clients
• RealQuest® – Property information and analytics portal
• CoreScore™ – Property quality score
• LoanSafe® Fraud Manager – Mortgage fraud detection suite and score
• WillCap™ – Distressed borrower treatment and loss mitigation analytic
• ScorePLUS™ – Tenant screening analytic
63
©2010 CoreLogic, Inc. Note: Product information provided in appendix
Data & Analytics
Business Lines
• Credit Solutions
Specialty Finance
• Realtor Solutions (credit
Solutions services)
Data & Analytics

• Property / Securities
Information
Risk & Fraud Analytics • Information & Analytics
• Tenancy Data & Analytics
• Non-traditional Credit
Services
64
Specialty Finance Solutions
Business Overview
Business Market Share Proficiencies Scale
Credit #1 provider of credit Patented merged logic provides 35+ million credit
Solutions services in the US highly relevant information from reports delivered
mortgage market all three bureaus in under three annually
with 50%+ share seconds
Credit-related
Leading provider of Only provider integrated to 50+ services provided
credit services in the dealership systems – driving to 4.5+ million
US transportation significant distribution capability clients
market with 30%+
share Integration to all mortgage loan
origination systems
Realtor #1 Provider of real Ability to customize product to 70%+ of all real
Solutions estate listing client needs while still estate agents in
software systems maintaining single code base the US utilize our
with over 45% products
market share Complete integration of client
data with the most robust Nearly 100% of
Service more than property information provides all real estate
twice the clients as comprehensive historical record transactions
nearest competitor on all properties touched by our
systems
65
Growth Drivers
Leverage existing distribution channels to expand reach of products

and services
Provide information reports/analytics onto agent desktops
Offer other verification services through credit delivery portal
Introduce new analytics to improve credit decisioning
Expand number of Fair Credit Reporting Act-compliant offerings
66
Risk & Fraud Analytics
Business Overview
Business Market Share Proficiencies Scale

Information & Leading provider of collateral Standardize and update disparate Millions of users across multiple
and mortgage performance data sources from 4,000+ industries such as:
Analytics analytics jurisdictions Mortgage Lending, Capital
Markets, Consumer Direct
Leading provider of real Link property, consumer, and loan Property & Casualty, Direct
estate and securities information in unique manner to Marketing, Government,
information drive valuable insight Utilities, Retail and more
Tenancy Data Leading screening and risk Only statistically validated applicant • 34 million landlord-tenant records
management provider for the scoring models in the multifamily
& Analytics multifamily industry with housing industry •37 million consumer subprime and
30%+ share in US alternative credit records
Repose and process 300+ million
75M+ applicant screening criminal records to power client • 400+ million criminal, civil, and
transactions annually – 3x its configured, criminal background residential application records
nearest competitor decisioning analytics
Non Traditional #1 Provider of non-traditional 4x the information assets as the 240 million records covering 40M
credit services with 70%+ nearest competitor individuals
Credit Services share in the US and 50%+
share in UK Access to uniquely sourced public 120 million transactions processed
record data which is merged with annually
4,500 clients ranging from credit performance to provide
single proprietors to largest unique solutions
credit card issuer
67
Growth Drivers
Combine unique data sets to create and enhance analytics
Market adoption of newly developed products

CoreScore™, FraudMark Risk Manager™, WillCap™, Bond Analytics™
Stabilization and growth in the origination market; return of the

securitization market
Expand internationally with new, patented fraud offerings

Product tests with UK lenders very positive
Product being used in Australia markets
Acquisitions in existing or adjacent markets
68
Revenue Characteristics
2009 Total Revenues of $689MM
Fixed Variable
Real Estate Non Real Estate
Raw Data Query Analytics Advisory
Online / HTML XML Custom CD
Direct Distribution Indirect
Risk Management Cust. Retention Research/Investigative
69
68
Data & Analytics
Financial Overview
Key Highlights
EBITDA declined 1% while

revenues declined by 6%
EBITDA margin retention driven
by
Significant cost streamlining
initiatives
Favorable product mix
– Declines in low-margin products
replaced by market share gain
on high-margin products
70
Financial Overview
71
Financial Overview
72
Data & Analytics – Value Proposition
73
CoreLogic, Inc.
Buddy Piszel, Chief Financial Officer
74
CoreLogic Financial Performance
Total Revenues and EBITDA, 2007 - 2009
$ trillions
$ millions
75
Managing Through the Downturn
Actions on Revenue
Increased market share as core customers consolidated mortgage

industry
Introduced new products in Data & Analytics segment
Increased default volumes in Business & Information Services
segment
Actions on Margin
Implemented firm-wide cost cutting and early stage integration of

businesses
Leveraged use of global staffing to drive cost and other
efficiencies
76
CoreLogic Financial Performance
Total Revenues and EBITDA, 2009 – 2010(E)
$1,950
$1,850
$ trillions
$ millions
$430
$400
77
Revenue Drivers
$520 Tax, flood and appraisal

$500 products well positioned for
recovery in originations
Opportunities for additional
market share
New products / hybrid products
$120
$115 New markets
Primary Catalyst: Mortgage
Originations
Expected long-term EBITDA margin of 20% – 25%

78
Default & Technology Services
$470 Revenue Drivers

$450
Above normal default activity

expected through 2013
Additional market share among
major clients
Increased push into mid-tier
$112 market
$107
Hybrid / derivative products
Primary Catalyst: Problem Loan
Volume

79
Data & Analytics
Revenue Drivers
$415
$400 Fraud and valuation tools

expected to benefit from
recovery in originations
Increase product penetration
into existing mortgage debt
outstanding
$129
$124 Acquisitions in existing or

adjacent markets
Primary Catalysts: Mortgage
Debt Outstanding, Originations
and Securitizations

80
Data & Analytics
Revenue Drivers
Credit-related product revenues

expected to benefit from future
recovery of mortgage market
$270
$255
Leverage existing distribution
channels to expand reach of
products and services
Introduce new analytics to
$51 improve credit decision
$48
Primary Catalysts: Mortgage
Originations and Home Sales

81
Key Highlights
Highly scalable operations

$310 leveraged to market recovery
$295
Increased operational leverage
and improved cost structure
Businesses operate in large
markets expected to rebound
$44 from 2009 trough
$41
Litigation Consulting and
Employer Services positioned
for growth with economic
recovery

82
Additional Financial Info.
2010 (E) Expected Change
($ in millions) Range (2010 – 2012)
Depreciation / Amortization $115 -125
Corporate Interest Expense $17 - $20
Corporate EBITDA $30 - $34
Effective Tax Rate 42%
83
2011 / 2012 Growth Drivers
2011 2012
Mortgage Originations $1.2 trillion $ 1.3 trillion
Securitization Volume
Default
New Products
Consumer Credit
Unemployment
Organic Revenue Growth Expectations: 5% – 8%

Margin Expectations: 25%
84
Financial Flexibility
Cash on balance sheet at 3/31/2010 – $291mm
Expected cash from FinCo at spin – $100mm
Expected Experian buy-in – ($314)mm
Significant availability under term facility
No anticipated impact from buy-in of First American CoreLogic
minority interest
Free cash flow generation
85
Capital Priorities
Continued investment in innovative products and markets
Pursue complementary acquisitions
Focus on Data & Analytics
High synergies with current revenue and cost structure
Distribution channels
86
87
Appendix I – Business & Information
Services
88
Spatial Solutions:
Local Press Coverage
Hurricane storm surge risk Virginia Beach at risk for The top 12 U.S. communities Officials fret over
report points to south Florida hurricane storm surge most vulnerable to hurricanes hurricane apathy
damage potential March 29, 2010 March 26, 2010 March 31, 2010
March 29, 2010 (online posting)
Tampa Bay's top 10 ZIP codes Surge damage could hit $4.7B Category 5 hurricane could cause
where a Cat 5 storm surge March 29, 2010 $16.5 billion in damages to Jacksonville
would wreak most damage April 6, 2010
April 5, 2010
MIAMI - Storm Surge Warning Study ranks storm surge risk by cost Report: Va. Beach at risk
March 31, 2010 April 4, 2010 or hurricane storm surge
March 28, 2010
89
Appendix II – Data & Analytics
90
Revenue Drivers, 2007 - 2009
EBITDA EBITDA
Margin: 24.8% Margin: 29.2%
Client Decline in mortgage Net Revenue

consolidations and originations net of gains through
lower non-agency improved market share, innovation in
originations as well as declines in D&A products
securitization volume
91
Mortgage / Consumer
By complementing property information with these sources we create

significant competitive advantage and improve our ability to expand
into existing and new markets
Ability to dynamically link and merge such information provides clients

with new and more effective ways to acquire customers and manage
risk
Assets create multi-dimensional views and unique insights,

substantially increasing the power of our information to
Increase the predictive power of existing solutions
Solve the emerging challenges of our clients
Build credibility and higher quality engagement with prospects in new market
development
92
Property Information
Coverage advantage allows us to meet more of our clients’ needs

therefore driving more opportunities for growth
Information breadth provides clients with data and analytics efficacy in

more regions than any other provider
Information depth provides clients unique, powerful insight that other

providers cannot match
Industry-leading data currency provides clients with information and

analytics that are relevant, actionable and well positioned for
surveillance applications
93
RealQuest® – Property Information and Analytics Portal
Web enabled portal

Covers 145+ million
properties and related
transactions
Access to critical property
information reports and
powerful analytics
Updated daily
Proprietary technology
dynamically layers and links
all information and
transactions associated with
a particular property to
provide a comprehensive
view
Allows users to research

and gain significant insight
on properties, related
transactions, and market
conditions
94
CoreScore™ – Property Analysis Report
CoreScore grades a residential

property based on current market
conditions related to the property
Powered by linked data sets and

proprietary analytics
Allows real estate transaction

participants to understand market
dynamics surrounding a property
– Market Overview
– Asset Pricing
– Quality / Grade
– Inventory Analysis
– Pricing Trends
– Crime, School, & Neighborhood
95
LoanSafe® Fraud Manager – Mortgage Fraud Analytic
An advanced scoring model that

identifies high risk, fraudulent
mortgage transactions
Creates alerts for mortgage

originators that indicate specific
fraud types and participants to
focus on
Hybrid Data and Analytics Solution

Powered by proprietary data
linked with client submitted data
Combination of multiple fraud
detection methodologies drive
comprehensive review of
transaction
96
WillCap™ – Loss Mitigation & Treatment Analytic
Dynamically Linked Data Provides servicers and

investors recommendations
Borrower Property Loan Market on optimizing their portfolio
loss mitigation strategy
Scoring WillCap utilizes real time

intelligence and analytics to
Engine Analytics
Predict loan performance
Forecast loan portfolio losses
Resolve distressed assets
Decision
Algorithms Recommend loan treatment
Dynamic Analytics utilize info to gain

Clustering unique insight into a
borrower’s
Willingness to pay
Capacity to pay
Distress
Treatment Options (20+ Treatments) Payment behavior
Short Sale Loan Mod Foreclosure Status Quo Product yields more than 20
discrete outcomes and
accompanying NPV
NPV of Options
97
ScorePLUS™ – Resident Screening Model
Registry ScorePLUS® helps

property owners and managers
select the most qualified rental
applicants to reduce risk and
increase NOI.
Statistical risk score indicates the

rental applicant’s risk of default
on a lease
Leverages database of 34 million

landlord tenant records and 37
million consumer subprime and
alternative credit records to
forecast future leasing behavior
Industry's only outcome-based

statistical scoring model
98
Appendix III – Financial Information
99
100
101
102
103
104
105
106
107
Use of Non-GAAP Financial Measures
This slide presentation contains financial information presented on an adjusted pro forma basis reflecting historical
financial information for CoreLogic as a stand-alone company and adjusting for certain non-recurring items. The adjusted
pro forma financial information has been modified from the segment financial information previously reported on the
Current Report on Form 8-K filed on March 22, 2010 and the periodic reports previously filed by First American
Corporation on Form 10-K for the fiscal years ending December 31, 2007, 2008 and 2009 and the Form 10-Q’s for the
quarterly periods ending March 31, 2009, June 30, 2009, September 30, 2009, December 31, 2009 and March 31, 2010.
These modifications have been made to provide CoreLogic’s management and investors with an understanding of
CoreLogic’s anticipated operational performance as a stand-alone publicly traded company.
The adjusted pro forma financial information included in this slide presentation is not presented in accordance with
generally accepted accounting principles (GAAP). These adjusted pro forma financial measures include revenue,
depreciation and amortization, interest, pretax net income, EBITDA and EBITDA margin, excluding taxes and non-
controlling interests. The pro forma financial information has been adjusted to exclude certain non-recurring items,
including net realized investment gains and losses, employee separation costs, facilities and other restructuring charges
and certain intangible impairments. Although these exclusions represent actual gains, losses or expenses to CoreLogic,
they may mask the periodic income and financial and operating trends associated with CoreLogic’s business. In addition,
pro forma adjusted EBITDA excludes interest payments, depreciation and amortization and, as a result, has the effect of
showing a greater amount of earnings than adjusted pro forma pretax net income, excluding taxes and non-controlling
interests.
CoreLogic is presenting pro forma financial measures on an adjusted basis in this presentation because they provide
CoreLogic’s management and investors with additional insight into the operational performance of CoreLogic as a stand-
alone company relative to earlier periods and relative to CoreLogic’s competitors. CoreLogic does not intend for these
non-GAAP financial measures to be a substitute for any GAAP financial information. See Appendix __ for a reconciliation
to the most directly comparable pro forma financial measures. Due to the high variability and difficulty in predicting certain
items that are materially significant to CoreLogic’s ability to estimate net income on a forward-looking basis, such as tax
rates and stock price, CoreLogic is unable to provide a reconciliation of pro forma adjusted EBITDA to net income on a
forward-looking basis without unreasonable effort. Investors should use these non-GAAP financial measures only as a
supplement to, not a substitute for, or superior to, the comparable GAAP financial measures.
108
Safe Harbor Statement
Certain statements made in this presentation are forward looking statements within the meaning of Section 27A of the Securities Act of 1933,
as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements in this presentation can be
identified by use of the words “believe,” “anticipate,” “expect,” “plan,” “predict,” “estimate,” “project,” “will be,” “will continue,” “will likely result,”
or other similar words and phrases and include, but are not limited to, those relating to the financial and operational flexibility of CoreLogic as a
stand-alone public company; CoreLogic’s performance outlook, including overall financial performance and projected revenue, EBITDA,
EBITDA margin, depreciation and amortization, interest expense, corporate administrative expense, corporate EBITDA, effective tax rate,
expected cash following the proposed spin-off, availability of credit under CoreLogic’s credit facility and free cash flow; expected growth
through acquisitions, existing and new market penetration, integration success and improved cost structure and new product development; the
outlook for the mortgage market, including mortgage originations, securitization volume, unemployment, the credit market, delinquencies and
default activity and the broader economy and the expected impact on CoreLogic; expected impact of certain minority interest investments .
Risks and uncertainties exist that may cause results to differ materially from those set forth in these forward-looking statements. Factors that
could cause the anticipated results to differ from those described in the forward-looking statements include: interest rate fluctuations; changes
in the performance of the real estate markets; limitations on access to public records and other data; general volatility in the capital markets;
changes in applicable government regulations; heightened scrutiny by legislators and regulators of CoreLogic’s businesses; the inability to
consummate the spin-off transaction or to consummate it in the form originally proposed as a result of, among other factors, the inability to
obtain necessary regulatory approvals, the inability to obtain third party consents or undesirable concessions or accommodations required to
be made to obtain such consents, the landscape of the real estate and mortgage credit markets, market conditions, the inability to transfer
assets into the entity being spun-off or unfavorable reactions from customers, ratings agencies, investors or other interested persons; the
inability to realize the benefits of the proposed spin-off transaction as a result of the factors described immediately above, as well as, among
other factors, increased borrowing costs, competition between the resulting companies, unfavorable reactions from employees, the triggering
of rights and obligations by the transaction or any litigation arising out of or related to the separation; consolidation among CoreLogic’s
significant customers and competitors; unfavorable economic conditions; impairments in CoreLogic’s goodwill or other intangible assets;
losses in CoreLogic’s investment portfolio; weakness in the commercial real estate market and other factors described in Part I, Item 1A of
First American Corporation’s annual report on Form 10-K for the year ended Dec. 31, 2009 and subsequent quarterly reports filed on Form 10-
Q, as filed with the Securities and Exchange Commission. The forward-looking statements speak only as of the date they are made.
CoreLogic does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-
looking statements are made.
109

CoreLogic - Investor Day May 2010

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CoreLogic, Inc.

May 11, 2010

©2010 CoreLogic, Inc.

2. Describe our business

3. Identify growth potential

4. Engage equity investors

 Business & Information Services Segment

 Employer, Legal & Marketing Services Segment

 Data & Analytics Segment

 Financial Review and Guidance

 Seasoned management team

Employer, Legal & • Employer Services

1.5 Business & Information Services $982M 50%

Employer, Legal & Marketing $306M 15%

0.3 Business & Information Services $245M 53%

Data & Analytics $201M 43%

Employer, Legal & Marketing $18M 4%

Property Tax Credit History

• 25 million credit reports provided per year

Delinquency and Asset Backed Multiple Listing High Risk Multi-Family/

Data from • Data from landlords

1990 1991 1995 1997 2002 2003

2004 2005 2006 2007 2009 2010

 Revenues and EBITDA down modestly in 2008 despite 33% decline in

(1) Reflects CoreLogic consolidated Financial Results

 Completion/integration of minority interests

 New brand launch

 New corporate infrastructure

 Expected continued resilient financial performance

 Continued trend towards transparency

 Adoption of newly introduced products

 New products / services from fully integrated businesses

 Leaner cost structure

 Seasoned management team

Source: BEA and MBA Forecast

Source: BLS and MBA Forecast

Source: MBA Forecast

Source: ABA Alert

…an information and outsourcing services provider holding leading market

…a primarily originations-driven business complemented by default services that

…a business partner that leverages a global workforce with the strength of

…a leadership team that promotes a performance and innovation culture that

 Multiple layers of integration

 Creates sustainable partnerships

 The building blocks for future revenue growth

 Business showed resiliency in

 Procures and aggregates # 1 Market Position

Data Aggregation Mastery

Data Aggregation Mastery

123 Elm Street

…unparalleled precision allows for accurate risk assessment

Data Mastery Other Available CoreLogic

Links to real estate data

 Well positioned for originations market recovery

Delinquency Loss Mitigation Foreclosure REO

Field Services - Inspection Services Field Services – Preservation Services

Broker Price Opinion Services

Default Technology Services (VendorScape, iClear)

 Well positioned for sustainable growth and strong EBITDA

Lead Generation • Core Lead Generation

 Complementary portfolio of product offerings

 Proven international capabilities

Business & Information Services Segment

Employer, Legal & Marketing Services Segment

Data & Analytics Segment

Financial Review and Guidance

Seasoned management team

Revenues and EBITDA down modestly in 2008 despite 33% decline in

Completion/integration of minority interests

New brand launch

New corporate infrastructure

Expected continued resilient financial performance

Continued trend towards transparency

Adoption of newly introduced products

New products / services from fully integrated businesses

Leaner cost structure

Seasoned management team

Multiple layers of integration

Creates sustainable partnerships

The building blocks for future revenue growth

Business showed resiliency in

Procures and aggregates # 1 Market Position

Well positioned for originations market recovery

Well positioned for sustainable growth and strong EBITDA

Complementary portfolio of product offerings

Proven international capabilities

Over 10,000 clients served globally in 2009

2009 revenue of $306 million and EBITDA of $18 million

Over 2,000 employees across 40 global offices

Highly scalable operations

Leverage existing distribution channels to expand reach of products

Introduce new analytics to improve credit decisioning

Mortgage market recovery

Expand number of Fair Credit Reporting Act-compliant offerings

Combine unique data sets to create and enhance analytics

Market adoption of newly developed products

Stabilization and growth in the origination market; return of the

Expand internationally with new, patented fraud offerings

Acquisitions in existing or adjacent markets

EBITDA declined 1% while

Increased market share as core customers consolidated mortgage

Implemented firm-wide cost cutting and early stage integration of

$520 Tax, flood and appraisal

Above normal default activity

$400 Fraud and valuation tools

$124 Acquisitions in existing or

Credit-related product revenues

Highly scalable operations