The First American Corporation said today that it has merged its First American Real Estate Solutions division with Sacramento, Calif.-based CoreLogic Systems, Inc., a leading provider of mortgage risk assessment and fraud prevention solutions. In 2006, RES and CoreLogic generated approximately $252 million and $74 million in revenues, respectively. The new, combined company is majority owned by The First American Corporation, and represents the largest transaction in a series of analytic company acquisitions and minority investments completed by the RES division in recent years.
