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BOSTON--([ BUSINESS WIRE ])--Highfields Capital Management LP, the largest independent shareholder of CoreLogic, Inc. (NYSE: CLGX) (athe Companya), today commented on steps taken by CoreLogic that it believes will meaningfully improve the Companyas corporate governance and enhance CoreLogicas ability to capitalize on its unique assets. The changes, described in an Agreement with Highfields Capital and filed with the Securities & Exchange Commission, include the addition of three new independent directors, changes in the Companyas Nominating and Governance Committee, and a transition of the Companyas Board leadership.

Jonathon S. Jacobson, Highfieldsa Founder, CEO and Chief Investment Officer, said, aWe applaud the CoreLogic Board for conducting a comprehensive search and accepting shareholder input to find candidates with relevant business experience. Furthermore, we are pleased that the Board has taken steps to ensure that a truly independent majority will be able to hold management accountable for performance and work with management to drive transformative change for the benefit of all shareholders.a

As further described in the Companyas Form 8-K, changes to the Board will include:

• The addition of Douglas C. Curling, John C. Dorman and Jaynie Miller Studenmund to the Board of Directors, upon their election at the Companyas 2012 Annual Meeting. All three individuals are highly qualified business professionals with deep collective experience in financial services and information technology and analytics driven businesses.
• The announcement by Company Chairman D. Van Skilling that after 16 years of service to the Company he will step down as Chairman by the end of 2013 and retire from the Board at the Companyas 2014 Annual Meeting.
• The naming of Thomas OaBrien, who has been a director of the Company since 2008, to be Chairman of the Nominating and Corporate Governance Committee.
• The addition of one of the three new directors to the Nominating and Corporate Governance Committee.

Mr. Jacobson continued: aThese changes meet our objective of a CoreLogic Board with substantially greater independence, professional skill and experience to oversee management and best capitalize on the strength of the Companyas world-class assets. In addition to bringing their operational expertise to the Board, each of the new directors has a demonstrated track record of maximizing the value of the businesses to which they have been associated, through both organic growth and strategic transactions. The fact that they are eager to serve at CoreLogic is a ringing endorsement of the Companyas potential.a

As part of its Agreement with CoreLogic, Highfields Capital has agreed to withdraw its nominees to the Companyas Board and vote in favor of all the Companyas nominees at the 2012 Annual Meeting.

Further information, including additional detail about the Agreement entered into by the Company and Highfields, is available in the Form 8-K filed by the Company today with the Securities and Exchange Commission.

About Highfields Capital Management:

Highfields Capital Management is an $11 billion value-oriented investment management firm which manages private investment funds for endowments, charitable and philanthropic foundations, pension funds and other institutional and private investors. Highfields' funds invest worldwide in public and private companies across a wide variety of industries and security types. The firm was founded in 1998 and is based in Boston, MA.