Leadership position in several markets served; Blue-chip base of clients, long-term relationships; and Consistent, strong cash flows. Limited track record as independent company; Dependency on the level of mortgage origination and servicing activity for a significant portion of revenues; and Customer concentration. The ratings on Information Solutions Co. (InfoCo) reflect the company's leadership position, long-term customer relationships, and good free cash flow. A dependence on the cyclical mortgage origination business, customer concentration, and a limited track record as a stand-alone company offset those factors. With 2009 revenues of $2 billion, the company has operations in Information and Outsourcing (which includes tax monitoring, flood zone certification, default management services, and appraisal services), Data and Analytics, and Risk Mitigation. The company is...
Companies mentioned in this report are:
- CoreLogic Inc.
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