CoreLogic to acquire valuation tech provider for $475M

  • The automated valuation models (AVMs) CoreLogic provides to brokers may benefit from CoreLogic's planned acquisition of FNC for $475 million
  • FNC is a provider of appraisal and valuation technology.

As a growing number of real estate firms serve up home value estimates on their websites, CoreLogic, the provider of automated valuation models deployed by some real estate companies, has announced plans to snap up a provider of appraisal and valuation technology.