The following condensed consolidating financial information reflects the separate accounts of CoreLogic, Inc. (the "Parent"), the combined accounts of the guarantor subsidiaries, the combined accounts of the non-guarantor subsidiaries, the combined consolidating adjustments and eliminations and the Parent's consolidated accounts for the dates and periods indicated.



	Condensed Balance Sheet
	As of September 30, 2013
	Parent		Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Consolidating/Eliminating Adjustments			Total
Assets:
Cash and cash equivalents	$	106,441	$	—	$	29,116	$	—		$	135,557
Other current assets	45,699		375,732		29,276		(5,432		)	445,275
Property and equipment, net	18,637		142,103		33,235		—			193,975
Goodwill	—		1,365,535		169,431		—			1,534,966
Other identifiable intangible assets, net	362		139,331		44,286		—			183,979
Capitalized data and database cost, net	—		248,084		79,759		—			327,843
Investments in affiliates	—		96,764		—		—			96,764
Deferred income tax assets, long-term	59,523		—		—		(59,523		)	—
Restricted cash	14,622		305		1,463		—			16,390
Investment in subsidiaries	1,997,539		—		—		(1,997,539		)	—
Intercompany receivable	60,134		239,118		9,170		(308,422		)	—
Other assets	105,944		42,027		1,978		—			149,949
Total assets	$	2,408,901	$	2,648,999	$	397,714	$	(2,370,916	)	$	3,084,698

Liabilities and equity:
Current liabilities	$	106,438	$	385,271	$	34,702	$	(5,432	)	$	520,979
Long-term debt, net	778,270		5,010		—		—			783,280
Deferred revenue, net of current	—		376,255		—		—			376,255
Deferred income taxes, long term	—		123,618		19,833		(59,523		)	83,928
Intercompany payable	248,288		—		60,134		(308,422		)	—
Other liabilities	124,936		29,862		3,502		—			158,300
Redeemable noncontrolling interest	—		—		10,987		—			10,987
Total CoreLogic stockholders' equity	1,150,969		1,728,983		268,556		(1,997,539		)	1,150,969
Total liabilities and equity	$	2,408,901	$	2,648,999	$	397,714	$	(2,370,916	)	$	3,084,698



	Condensed Balance Sheet
	As of December 31, 2012
	Parent		Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Consolidating/Eliminating Adjustments			Total
Assets:
Cash and cash equivalents	$	111,305	$	1,812	$	35,741	$	—		$	148,858
Other current assets	59,977		364,178		17,352		(441		)	441,066
Property and equipment, net	14,921		139,831		31,865		—			186,617
Goodwill	—		1,323,700		180,532		—			1,504,232
Other identifiable intangible assets, net	—		123,011		48,573		—			171,584
Capitalized data and database cost, net	—		238,598		83,691		—			322,289
Investments in affiliates	—		88,647		5,580		—			94,227
Deferred income tax assets, long-term	59,523		—		—		(59,523		)	—
Restricted cash	18,299		305		3,513		—			22,117
Investment in subsidiaries	1,853,561		—		—		(1,853,561		)	—
Intercompany receivable	65,885		125,587		—		(191,472		)	—
Other assets	107,976		28,420		2,441		—			138,837
Total assets	$	2,291,447	$	2,434,089	$	409,288	$	(2,104,997	)	$	3,029,827

Liabilities and equity:
Current liabilities	$	82,668	$	406,890	$	27,974	$	(441	)	$	517,091
Long-term debt, net	783,470		8,854		—		—			792,324
Deferred revenue, net of current	—		309,418		—		—			309,418
Deferred income taxes, long term	—		111,051		19,833		(59,523		)	71,361
Intercompany payable	125,587		—		65,885		(191,472		)	—
Other liabilities	130,421		33,011		5,255		—			168,687
Total CoreLogic stockholders' equity	1,169,301		1,564,865		288,696		(1,853,561		)	1,169,301
Noncontrolling interests	—		—		1,645		—			1,645
Total liabilities and equity	$	2,291,447	$	2,434,089	$	409,288	$	(2,104,997	)	$	3,029,827



	Condensed Statement of Operations
	For the three months ended September 30, 2013
	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries		Consolidating/Eliminating Adjustments			Total
Operating revenues	$	—		$	380,220		$	25,322	$	—		$	405,542
Intercompany revenues	—			—			148		(148		)	—
Cost of services (exclusive of depreciation and amortization below)	—			205,776			8,161		(148		)	213,789
Selling, general and administrative expenses	11,997			68,661			9,384		—			90,042
Depreciation and amortization	962			23,011			5,722		—			29,695
Operating (loss)/income	(12,959		)	82,772			2,203		—			72,016
Total interest (expense)/income, net	(11,547		)	(126		)	161		—			(11,512		)
(Loss)/gain on investments and other, net	(260		)	1,250			6,637		—			7,627
(Benefit)/provision for income taxes	(10,640		)	31,076			3,412		—			23,848
Equity in earnings of affiliates, net of tax	—			5,479			237		—			5,716
Equity in earnings of subsidiary, net of tax	57,788			—			—		(57,788		)	—
Net income/(loss) from continuing operations, net of tax	43,662			58,299			5,826		(57,788		)	49,999
Loss from discontinued operations, net of tax	—			(1,240		)	—		—			(1,240		)
(Loss)/gain from sale of discontinued operations, net of tax	—			(6,558		)	1,506		—			(5,052		)
Net income	43,662			50,501			7,332		(57,788		)	43,707
Less: Net income attributable to noncontrolling interest	—			—			45		—			45
Net income/(loss) attributable to CoreLogic	$	43,662		$	50,501		$	7,287	$	(57,788	)	$	43,662

Net income	$	43,662		$	50,501		$	7,332	$	(57,788	)	$	43,707
Total other comprehensive income	7,345			—			7,644		(7,644		)	7,345
Less: Comprehensive loss attributable to noncontrolling interests	$	—		$	—		$	45	$	—		$	45
Comprehensive income attributable to CoreLogic	$	51,007		$	50,501		$	14,931	$	(65,432	)	$	51,007



	Condensed Statement of Operations
	For the three months ended September 30, 2012
	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidating/Eliminating Adjustments			Total
Operating revenues	$	—		$	386,180		$	23,580		$	—		$	409,760
Intercompany revenues	—			—			146			(146		)	—
Cost of services (exclusive of depreciation and amortization below)	—			203,280			9,874			(146		)	213,008
Selling, general and administrative expenses	17,459			77,053			7,821			—			102,333
Depreciation and amortization	610			26,755			5,672			—			33,037
Operating (loss)/income	(18,069		)	79,092			359			—			61,382
Total interest expense, net	(12,035		)	(28		)	(662		)	—			(12,725		)
Gain/(loss) on investment and other, net	1,111			(5,598		)	233			—			(4,254		)
(Benefit)/provision for income taxes	(10,228		)	24,898			1,736			—			16,406
Equity in earnings of affiliates, net of tax	—			7,919			247			—			8,166
Equity in earnings of subsidiary, net of tax	57,085			—			—			(57,085		)	—
Net income/(loss) from continuing operations, net of tax	38,320			56,487			(1,559		)	(57,085		)	36,163
Loss from discontinued operations, net of tax	—			(10,157		)	—			—			(10,157		)
Gain from sale of discontinued operations, net of tax	—			11,678			586			—			12,264
Net income/(loss)	38,320			58,008			(973		)	(57,085		)	38,270
Less: Net loss attributable to noncontrolling interest	—			—			(50		)	—			(50		)
Net income/(loss) attributable to CoreLogic	$	38,320		$	58,008		$	(923	)	$	(57,085	)	$	38,320

Net income/(loss)	$	38,320		$	58,008		$	(973	)	$	(57,085	)	$	38,270
Total other comprehensive income	4,264			—			5,163			(5,163		)	4,264
Less: Comprehensive loss attributable to noncontrolling interests	—			—			(50		)	—			(50		)
Comprehensive income attributable to CoreLogic	$	42,584		$	58,008		$	4,240		$	(62,248	)	$	42,584



	Condensed Statement of Operations
	For the nine months ended September 30, 2013
	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidating/Eliminating Adjustments			Total
Operating revenues	$	—		$	1,157,347		$	72,336		$	—		$	1,229,683
Intercompany revenues	—			—			493			(493		)	—
Cost of services (exclusive of depreciation and amortization below)	—			624,866			26,777			(493		)	651,150
Selling, general and administrative expenses	49,450			207,979			26,094			—			283,523
Depreciation and amortization	2,655			79,215			17,463			—			99,333
Operating (loss)/income	(52,105		)	245,287			2,495			—			195,677
Total interest (expense)/income, net	(34,993		)	(336		)	459			—			(34,870		)
Gain on investments and other, net	1,474			2,714			6,637			—			10,825
(Benefit)/provision for income taxes	(30,392		)	93,185			3,630			—			66,423
Equity in earnings of affiliates, net of tax	—			23,053			795			—			23,848
Equity in earnings of subsidiary, net of tax	176,013			—			—			(176,013		)	—
Net income from continuing operations, net of tax	120,781			177,533			6,756			(176,013		)	129,057
Loss from discontinued operations, net of tax	—			(3,205		)	—			—			(3,205		)
(Loss)/gain from sale of discontinued operations, net of tax	—			(6,558		)	1,506			—			(5,052		)
Net income	120,781			167,770			8,262			(176,013		)	120,800
Less: Net loss attributable to noncontrolling interest	—			—			19			—			19
Net income attributable to CoreLogic	$	120,781		$	167,770		$	8,243		$	(176,013	)	$	120,781

Net income	$	120,781		$	167,770		$	8,262		$	(176,013	)	$	120,800
Total other comprehensive loss	(31,127		)	—			(32,289		)	32,289			(31,127		)
Less: Comprehensive income attributable to noncontrolling interests	—			—			19			—			19
Comprehensive income/(loss) attributable to CoreLogic	$	89,654		$	167,770		$	(24,046	)	$	(143,724	)	$	89,654



	Condensed Statement of Operations
	For the nine months ended September 30, 2012
	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidating/Eliminating Adjustments			Total
Operating revenues	$	—		$	1,089,324		$	67,898		$	—		$	1,157,222
Intercompany revenues	—			—			488			(488		)	—
Cost of services (exclusive of depreciation and amortization below)	—			588,743			28,142			(488		)	616,397
Selling, general and administrative expenses	48,628			199,184			25,408			—			273,220
Depreciation and amortization	2,137			73,582			17,715			—			93,434
Operating (loss)/income	(50,765		)	227,815			(2,879		)	—			174,171
Total interest (expense)/income, net	(38,034		)	159			(2,326		)	—			(40,201		)
Gain/(loss) on investments and other, net	2,456			(7,144		)	823			—			(3,865		)
(Benefit)/provision for income taxes	(31,698		)	81,263			3,657			—			53,222
Equity in earnings of affiliates, net of tax	—			28,490			891			—			29,381
Equity in earnings of subsidiary, net of tax	152,253			—			—			(152,253		)	—
Net income/(loss) from continuing operations, net of tax	97,608			168,057			(7,148		)	(152,253		)	106,264
Loss from discontinued operations, net of tax	—			(18,142		)	—			—			(18,142		)
Gain on sale of discontinued operations, net of tax	—			8,691			586			—			9,277
Net income/(loss)	97,608			158,606			(6,562		)	(152,253		)	97,399
Less: Net loss attributable to noncontrolling interest	—			—			(209		)	—			(209		)
Net income/(loss) attributable to CoreLogic	$	97,608		$	158,606		$	(6,353	)	$	(152,253	)	$	97,608

Net income/(loss)	$	97,608		$	158,606		$	(6,562	)	$	(152,253	)	$	97,399
Total other comprehensive income	5,637			—			6,178			(6,178		)	5,637
Less: Comprehensive loss attributable to noncontrolling interests	—			—			(209		)	—			(209		)
Comprehensive income/(loss) attributable to CoreLogic	$	103,245		$	158,606		$	(175	)	$	(158,431	)	$	103,245



	Condensed Statement of Cash Flows
	For the nine months ended September 30, 2013
	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidating/Eliminating Adjustments			Total
Cash flows from operating activities:
Net cash (used in)/provided by operating activities - continuing operations	$	234		$	250,562		$	14,320		$	—		$	265,116
Net cash used in operating activities - discontinued operations	—			(4,560		)	2,152			—			(2,408		)
Total cash (used in)/provided by operating activities	$	234		$	246,002		$	16,472		$	—		$	262,708
Cash flow from investing activities:
Purchases of property and equipment	(6,333		)	(39,903		)	(5,720		)	—			(51,956		)
Purchases of capitalized data and other intangible assets	(362		)	(24,725		)	(3,708		)	—			(28,795		)
Cash paid for acquisitions, net of cash acquired	—			(71,446		)	542			—			(70,904		)
Purchases of investments	—			(2,351		)	—			—			(2,351		)
Proceeds from sale of subsidiary and other increases in noncontrolling interest, net	—			800			—			—			800
Change in restricted cash	3,678			—			2,050			—			5,728
Net cash used in investing activities - continuing operations	(3,017		)	(137,625		)	(6,836		)	—			(147,478		)
Net cash provided by investing activities - discontinued operations	—			2,152			—			—			2,152
Total cash used in investing activities	$	(3,017	)	$	(135,473	)	$	(6,836	)	$	—		$	(145,326	)
Cash flow from financing activities:
Proceeds from long-term debt	—			1,075			—			—			1,075
Repayments of long-term debt	(4,375		)	(141		)	—			—			(4,516		)
Share repurchased and retired	(133,565		)	—			—			—			(133,565		)
Proceeds from issuance of stock related to stock options and employee benefit plans	11,662			—			—			—			11,662
Minimum tax withholding paid on behalf of employees for restricted stock units	(6,893		)	—			—			—			(6,893		)
Excess tax benefit related to stock options	2,895			—			—			—			2,895
Intercompany payments	—			(113,531		)	(14,920		)	128,451			—
Intercompany proceeds	128,451			—			—			(128,451		)	—
Net cash used in by financing activities - continuing operations	(1,825		)	(112,597		)	(14,920		)	—			(129,342		)
Net cash provided by financing activities - discontinued operations	—			—			—			—			—
Total cash used in by financing activities	$	(1,825	)	$	(112,597	)	$	(14,920	)	$	—		$	(129,342	)
Effect of exchange rate on cash	—			—			(1,341		)	—			(1,341		)
Net (decrease)/increase in cash and cash equivalents	(4,608		)	(2,068		)	(6,625		)	—			(13,301		)



Cash and cash equivalents at beginning of period	111,305			1,812			35,741		—		148,858
Less: Change in cash and cash equivalents - discontinued operations	—			(2,408		)	2,152		—		(256		)
Plus: Cash swept to discontinued operations	(256		)	(2,152		)	2,152		—		(256		)
Cash and cash equivalents at end of period	$	106,441		$	—		$	29,116	$	—	$	135,557



	Condensed Statement of Cash Flows
	For the nine months ended September 30, 2012
	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidating/Eliminating Adjustments		Total
Cash flows from operating activities:
Net cash (used in)/provided by operating activities - continuing operations	$	(15,160	)	$	266,105		$	7,844		$	—	$	258,789
Net cash provided by operating activities - discontinued operations	—			9,684			—			—		9,684
Total cash (used in)/provided by operating activities	$	(15,160	)	$	275,789		$	7,844		$	—	$	268,473
Cash flow from investing activities:
Purchases of property and equipment	(1,407		)	(27,942		)	(9,404		)	—		(38,753		)
Purchases of capitalized data and other intangible assets	—			(21,537		)	(2,517		)	—		(24,054		)
Cash paid for acquisitions, net of cash acquired	—			111			—			—		111
Cash received from sale of discontinued operations	—			10,000			—			—		10,000
Proceeds from sale of property and equipment	—			1,852			—			—		1,852
Proceeds from sale of investments	—			8,000			—			—		8,000
Change in restricted cash	—			(184		)	306			—		122
Net cash used in investing activities - continuing operations	(1,407		)	(29,700		)	(11,615		)	—		(42,722		)
Net cash used in by investing activities - discontinued operations	—			(2,350		)	838			—		(1,512		)
Total cash used in investing activities	$	(1,407	)	$	(32,050	)	$	(10,777	)	$	—	$	(44,234	)
Cash flow from financing activities:
Repayments of long-term debt	(103,018		)	(11,251		)	(96		)	—		(114,365		)
Share repurchased and retired	(226,629		)	—			—			—		(226,629		)
Proceeds from issuance of stock related to stock options and employee benefit plans	9,624			—			—			—		9,624
Minimum tax withholding paid on behalf of employees for restricted stock units	(3,015		)	—			—			—		(3,015		)
Distribution to noncontrolling interests	—			—			(10		)	—		(10		)
Cash dividends	—			—			—			—		—
Excess tax benefit related to stock options	643			—			—			—		643
Intercompany payments	(6,949		)	(233,946		)	—			240,895		—



Intercompany proceeds	233,946			—			6,949		(240,895		)	—
Net cash (used in)/provided by financing activities - continuing operations	(95,398		)	(245,197		)	6,843		—			(333,752		)
Net cash provided by financing activities - discontinued operations	—			3			—		—			3
Total cash (used in)/provided by financing activities	$	(95,398	)	$	(245,194	)	$	6,843	$	—		$	(333,749	)
Net (decrease)/increase in cash and cash equivalents	(111,965		)	(1,455		)	3,910		—			(109,510		)
Cash and cash equivalents at beginning of period	229,871			9,106			20,289		—			259,266
Less: Change in cash and cash equivalents - discontinued operations	—			7,337			838		—			8,175
Plus: Cash swept to discontinued operations	$	12,133		$	—		$	838	$	—		$	12,971
Cash and cash equivalents at end of period	$	130,039		$	314		$	24,199	$	—		$	154,552

Revisions to Condensed Consolidating Financial Information

The condensed consolidated statement of cash flows for the nine months ended September 30, 2012 have been revised to gross up intercompany revenues and expenses and to move balances related to non-controlling interests from the Parent to the non-guarantor subsidiaries. We assessed the materiality of these items on previously issued annual and interim financial statements in accordance with SEC SAB No. 99, and concluded that the errors were not material to the consolidated financial statements. The impact of these revisions to the condensed consolidating financial information for 2012 are as follows:



	Increase/(Decrease)
	Parent		Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidating/Eliminating Adjustments			Total

Condensed Statement of Operations
For the three months ended September 30, 2012
Operating revenue, net	$	—	$	148		$	—		$	(148	)	$	—
Total operating expenses	$	—	$	148		$	—		$	(148	)	$	—
Less: Net income/(loss) attributable to noncontrolling interests	$	—	$	—		$	—		$	—		$	—
Net income attributable to CoreLogic	$	—	$	(586	)	$	586		$	—		$	—
Comprehensive income/(loss) attributable to CoreLogic	$	—	$	(586	)	$	586		$	—		$	—

For the nine months ended September 30, 2012
Operating revenue, net	$	—	$	488		$	—		$	(488	)	$	—
Total operating expenses	$	—	$	488		$	—		$	(488	)	$	—
Less: Net income/(loss) attributable to noncontrolling interests	$	—	$	—		$	—		$	—		$	—
Net income attributable to CoreLogic	$	—	$	(586	)	$	586		$	—		$	—
Comprehensive income/(loss) attributable to CoreLogic	$	—	$	(586	)	$	586		$	—		$	—

Condensed Statement of Cash Flows
For the nine months ended September 30, 2012
Net cash provided by/(used in) operating activities - continuing operations	$	—	$	2,367		$	(2,367	)	$	—		$	—
Net cash (used in)/provided by investing activities - continuing operations	$	—	$	—		$	—		$	—		$	—
Net cash (used in)/provided by financing activities - continuing operations	$	838	$	(2,367	)	$	1,529		$	—		$	—