1st Advantage Buys Experian Mortgage Credit Biz

First Advantage Corp., St. Petersburg, Fla., has announced the acquisition of the mortgage credit reporting assets of Credit Data Services, Maitland, Fla., from Experian for an undisclosed amount.First Advantage said the transaction provides added Southeastern market share to its mortgage credit company, First American Credco. CDS was acquired by Experian earlier this year. First Advantage said its acquisition of CDS is connected to Experian's joint venture agreement with The First American Corp., which is the majority owner of First Advantage. The companies can be found on the Web at http://www.fadv.com and http://www.firstam.com.