CORELOGIC, INC.

RECONCILIATION OF ADJUSTED EBITDA

For the three months ended December 31, 2013

(in thousands)

D&A

TPS

Corporate

Elim

CoreLogic

Income from continuing operations before equity in earnings of affiliates and income taxes

$

21,963

$

21,459

$

(31,928)

$

—

$

11,494

Pretax equity in earnings

(9)

4,990

214

—

5,195

Depreciation & amortization

19,393

7,290

2,921

—

29,604

Total interest expense

(95)

135

12,693

—

12,733

Stock-based compensation

1,293

2,293

2,545

—

6,131

Efficiency investments

—

—

2,826

—

2,826

Transaction costs

322

—

2,224

—

2,546

Adjusted EBITDA

$

42,867

$

36,167

$

(8,505)

$

—

$

70,529

For the three months ended December 31, 2012

(in thousands)

D&A

TPS

Corporate

Elim

CoreLogic

Income from continuing operations before equity in earnings of affiliates and income taxes

$

20,651

$

55,477

$

(41,006)

$

—

$

35,122

Pretax equity in earnings

493

9,331

171

—

9,995

Depreciation & amortization

18,207

5,628

7,920

—

31,755

Total interest expense

(122)

132

12,327

—

12,337

Stock-based compensation

1,053

1,026

2,463

—

4,542

Non-operating investment (gains)/losses

—

(263)

(923)

—

(1,186)

Efficiency investments

—

—

3,285

—

3,285

Adjusted EBITDA

$

40,282

$

71,331

$

(15,763)

$

—

$

95,850

For the year ended December 31, 2013

(in thousands)

D&A

TPS

Corporate

Elim

CoreLogic

Income from continuing operations before equity in earnings of affiliates and income taxes

$

114,661

$

167,401

$

(144,803)

$

—

$

137,259

Pretax equity in earnings

1,630

41,640

547

—

43,817

Depreciation & amortization

77,051

28,601

21,368

—

127,020

Total interest expense

(552)

537

47,664

—

47,649

Stock-based compensation

3,636

8,553

14,424

—

26,613

Non-operating investment (gains)/losses

(6,638)

—

—

—

(6,638)

Efficiency investments

—

—

5,832

—

5,832

Transaction costs

322

—

7,843

—

8,165

Adjusted EBITDA

$

190,110

$

246,732

$

(47,125)

$

—

$

389,717

For the year ended December 30, 2012

(in thousands)

D&A

TPS

Corporate

Elim

CoreLogic

Income from continuing operations before equity in earnings of affiliates and income taxes

$

102,705

$

178,297

(166,434)

135

$

114,703

Pretax equity in earnings

2,197

55,571

313

—

58,081

Depreciation & amortization

72,262

26,143

23,514

(135)

121,784

Total interest expense

1,553

591

50,609

—

52,753

Stock-based compensation

4,328

5,137

11,219

—

20,684

Non-operating investment (gains)/losses

(2,429)

(263)

7,836

—

5,144

Efficiency investments

—

—

12,981

—

12,981

Adjusted EBITDA

$

180,616

$

265,476

$

(59,962)

$

—

$

386,130

For the three months ended December 31, 2013

(in thousands, except per share amounts)

D&A

TPS

Corporate

Elim

CoreLogic

Income from continuing operations before equity in earnings of affiliates and income taxes

$

21,963

$

21,459

$

(31,928)

$

—

$

11,494

Pretax equity in earnings

(9)

4,990

214

—

5,195

Stock-based compensation

1,293

2,293

2,545

—

6,131

Efficiency investments

—

—

2,826

—

2,826

Transaction costs

322

—

2,224

—

2,546

Amortization of acquired intangibles

4,858

3,871

—

—

8,729

Adjusted pretax income from continuing operations

$

28,427

$

32,613

$

(24,119)

$

—

$

36,921

Tax provision (40% rate)

14,768

Less: Net income attributable to noncontrolling interests

(72)

Adjusted net income attributable to CoreLogic

$

22,225

Weighted average diluted common shares outstanding

95,115

Adjusted diluted EPS

$

0.23

For the three months ended December 31, 2012

(in thousands, except per share amounts)

D&A

TPS

Corporate

Elim

CoreLogic

Income from continuing operations before equity in earnings of affiliates and income taxes

$

20,651

$

55,477

$

$

—

$

35,122

Pretax equity in earnings

493

9,331

171

—

9,995

Stock-based compensation

1,053

1,026

2,463

—

4,542

Non-operating investment (gains)/losses

—

(263)

(923)

—

(1,186)

Efficiency investments

—

—

3,285

—

3,285

Accelerated depreciation on TTI

—

—

4,375

—

4,375

Amortization of acquired intangibles

4,281

2,509

—

—

6,790

Adjusted pretax income from continuing operations

$

26,478

$

68,080

$

(31,635)

$

—

$

62,923

Tax provision (40% rate)

25,169

Less: Net income attributable to noncontrolling interests

(437)

Adjusted net income attributable to CoreLogic

$

38,191

Weighted average diluted common shares outstanding

99,346

Adjusted diluted EPS

$

0.38

For the year ended December 31, 2013

(in thousands, except per share amounts)

D&A

TPS

Corporate

Elim

CoreLogic

Income from continuing operations before equity in earnings of affiliates and income taxes

$

114,661

$

167,401

$

(144,803)

$

—

$

137,259

Pretax equity in earnings

1,630

41,640

547

—

43,817

Stock-based compensation

3,636

8,553

14,424

—

26,613

Non-operating investment (gains)/losses

(6,638)

—

—

—

(6,638)

Efficiency investments

—

—

5,832

—

5,832

Accelerated depreciation on TTI

—

—

8,751

—

8,751

Amortization of acquired intangibles

19,589

15,173

—

—

34,762

Transaction costs

322

—

7,843

—

8,165

Adjusted pretax income from continuing operations

$

133,200

$

232,767

$

(107,406)

$

—

$

258,561

Tax provision (40% rate)

103,424

Less: Net loss attributable to noncontrolling interests

(53)

Adjusted net income attributable to CoreLogic

$

155,190

Weighted average diluted common shares outstanding

97,109

Adjusted diluted EPS

$

1.60

For the year ended December 30, 2012

(in thousands, except per share amounts)

D&A

TPS

Corporate

Elim

CoreLogic

Income from continuing operations before equity in earnings of affiliates and income taxes

$

102,705

$

178,297

$

(166,434)

$

135

$

114,703

Pretax equity in earnings

2,197

55,571

313

—

58,081

Stock-based compensation

4,328

5,137

11,219

—

20,684

Non-operating investment (gains)/losses

(2,429)

(263)

7,836

—

5,144

Efficiency investments

—

—

12,981

—

12,981

Accelerated depreciation on TTI

—

—

8,749

—

8,749

Amortization of acquired intangibles

17,198

9,590

—

—

26,788

Adjusted pretax income from continuing operations

$

123,999

$

248,332

$

(125,336)

$

135

$

247,130

Tax provision (40% rate)

98,852

Less: Net income attributable to noncontrolling interests

(645)

Adjusted net income attributable to CoreLogic

$

148,923

Weighted average diluted common shares outstanding

104,050

Adjusted diluted EPS

$

1.43