Loveland, Colo.-based Kroll Factual Data Inc. has announced the acquisition of National Flood Research Inc., Boulder, Colo., a national provider of disclosure products to the mortgage, real estate, and insurance industries.The terms of the acquisition were not disclosed. NFR has a staff of 47 and has specialized in flood hazard disclosure since the early 1990s. It offers a portfolio of flood hazard services, including basic and life-of-loan flood certification, Home Mortgage Disclosure Act/census information, and portfolio review, KFD said. It also provides information on environmental and other natural hazards, such as earthquake fault zones, wildland fire hazards, dam inundation areas, and Superfund sites. NFR's founder, Lloyd Noel Meador, will continue as divisional vice president of Kroll's Background Screening Group. KFD, a subsidiary of Kroll Inc., can be found on the Web at http://www.krollfactualdata.com.
KFD Buys Flood Company
Published October 06, 2004, 2:00 p.m. EDT
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