The appraisal software company is the latest acquisition in CoreLogic's quest to beef up its property-valuation capabilities
Property analytics firm CoreLogic has announced that it has acquired a la mode technologies. a la mode provides subscription-based software products to more than 40,000 appraisers across the United States.
Founded in 1985, a la mode is headquartered in Oklahoma City. The products provided by a la mode facilitate the aggregation of data, imagery and photographs in a GSE-compliant format for the completion of residential appraisals.
“The acquisition of a la mode is an important next step in the developing and scaling of our end-to-end valuation solutions workflow suite, which includes data and market insights, analytics as well as data-enabled services and platforms,” said Frank Martell, president and CEO of CoreLogic. “a la mode tools and solutions help to make our professional appreaiser community more productive and efficient. The addition of a la mode to our existing workflow and technology offerings also provides CoreLogic with a seamless digital platform for ordering, preparing, quality-assuring and delivering property valuations, and allows us to expand the connectivity between a number of the major constituencies in the mortgage underwriting ecosystem.”
This is the latest acquisition in CoreLogic’s quest to expand its valuation capabilities. Over the last few years, it has acquired RELS, FNC, LandSafe Appraisal Network, and Mercury Network.
Terms of the deal were not disclosed.
