CoreLogic has inked a definitive merger agreement to acquire all outstanding shares of ClosingCorp, a company that provides intelligence and digital solutions that streamline the quoting and ordering of settlement services needed to originate and service mortgages.
“ClosingCorp’s unique solutions, coupled with the property-level digital content and platforms of CoreLogic ,enable us to continue our rapid growth and accelerate the introduction of new high-demand products,” says Bob Jennings, ClosingCorp’s CEO. “Pairing our fees and order management platform with the greater resources that CoreLogic brings will create significant benefits for our customers in terms of simplified workflow and continuous innovation.”
“The CoreLogic team is excited to join forces with Bob and the ClosingCorp team,” remarks Frank Martell, president and CEO of CoreLogic. “The combination of ClosingCorp and CoreLogic digital solutions, platforms and domain expertise is clearly additive for our clients and the broader housing ecosystem.”
The transaction is expected to close in the third quarter of 2021.