LandAm Buys Mortgage Credit Reporting Firms

LandAmerica Financial Group Inc., Richmond, Va., has announced the acquisition through a subsidiary of two mortgage credit reporting companies: Far West Credit, Salt Lake City, and CommCo Credit, Orange, Calif.The terms of the deals were not disclosed. Barton Taylor, the founder of Far West, will remain with the company, focusing on business development, LandAmerica said. "These acquisitions are important steps in achieving LandAmerica's vision the premier provider of real estate transaction services," said Ken Goins, president of LandAmerica Info1, which the parent company says is the fourth-largest mortgage credit reporting company in the United States. LandAmerica can be found on the Web at http://www.landam.com.

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