Fiserv sells Case-Shiller to CoreLogic for $6M

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Residential property data aggregator CoreLogic has acquired Case-Shiller from Fiserv Inc. for $6 million, the company said in releasing first quarter results. CoreLogic described Case-Shiller – which compiles home price indices that have rankled Realtors for allegedly painting a picture of housing markets with too broad a brush – as “one of the most widely recognized experts in home price trends and property valuation services,” and a “highly complementary addition to CoreLogic’s existing residential property insights platform.” The deal, which closed March 20, “underscores CoreLogic’s ongoing commitment to provide comprehensive data, analytics and services to financial services, government and real estate professionals,” the company said. CoreLogic and the National Association of Realtors are vying to sell analytics based on MLS data to investors and government agencies. Source: CoreLogic.