The Department of Justice has sent a Civil Information Demand (CID) notice to CoreLogic.
The CID requires CoreLogic turn over documents and answer questions. The article by Rob Hahn explains that the case revolves around not only the search features of the MLS systems, but the contracts and agreements on the use of MLS data by CoreLogic.
If this investigation proves fruitful, it is possible appraisal data could be investigated as well. If this is the case, it will be a fast rolling snowball downhill for CoreLogic.
See the entire article with a link to the CID here.
And how about all the data CoreLogic is farming off of our appraisal reports since they purchased Alamode???
Not just alamode, Appraisal Port, Mercury, Appraisal Scope, not to mention their own AMC. They probably have an arrangement with First American for the data through ACI as well. The ramifications of this could be huge!