Dorado

  

CoreLogic Dorado Promotes Dave Parker to Vice President, Business Development


San Mateo, California—December 29, 2009—CoreLogic Dorado Corporation, a leading North American provider of on-demand consumer lending automation and platform-as-a-service solutions, announced today that Dave Parker has been promoted to Vice President, Business Development.

In his new role, Parker will oversee all aspects of CoreLogic Dorado's business development efforts including technology and value-added reseller partnerships, and channel distribution strategy. Parker previously served as Director, Business Development at CoreLogic Dorado, where he was responsible for establishing new business lines and facilitating both technology and distribution partnerships.

In prior roles, Parker has served as Director, Sales Platform Development at Wells Fargo and Chief Executive Officer at Praxis Technology Group. During the course of his career, Parker has developed expertise in a number of critical industry disciplines, including the development of strategic software architectures to support business strategy, the delivery of integrated software solutions across a variety of sales channels, and building and managing relationships with strategic partners. Before Wells Fargo, Parker served as Chief Operating Officer at MortgageHub.

"Dave has built a track record of success while holding down a number of challenging positions within CoreLogic Dorado," said Dain Ehring, Chief Executive Officer at CoreLogic Dorado. "We look forward to his leadership in this new role as we continue to grow our business and bring the value of CoreLogic Dorado's cloud-based products, professional services expertise, and technological acumen to new financial service markets and potential customers." .

About CoreLogic Dorado Corporation

CoreLogic Dorado Corporation is a leading provider of intelligent software-as-a-service (SaaS) applications and platform-as-a-service (PaaS) architecture to the financial services industry. The company offers fully automated solutions for managing and tracking complex integrations and data-intensive transactions. The company's marquee Enterprise Lending System encompasses the ChannelMaster™ mortgage loan origination system and PriceMaster™ pricing engine, enabling financial institutions to run and centrally monitor the consumer lending process from lead generation through post-close. Along with the benefits of SaaS – increased functionality and dependability with minimal capital costs, flexible configurations, rapid deployment and agile performance – CoreLogic Dorado's customers also gain competitive advantage via production workflow enhancements, better control over the product mix, and built-in compliance. The company's pay-for-performance model also provides a more predictably priced alternative to single-point solutions, closed systems, and internal development. Founded in 1998, CoreLogic Dorado is a privately held company headquartered in California, with operations in Florida, Virginia, and India. The company was named a "Hot Banking Technology Company to Watch" by Forrester Research in 2009, and has been a Top 50 Mortgage Technology Provider since 2005. CoreLogic Dorado's customers include tier one mortgage lenders, leading regional banks, and growing financial institutions in the U.S. and Canada.

Contacts:

Kristina J. Yee
Sr. Director, Marketing & Communications
CoreLogic Dorado Corporation
+01.650.227.7329

Chris Sullivan
Public Relations Counsel
MacMillan Communications
+01.212.473.4442