LandAmerica Financial Group Inc., Richmond, Va., has announced the acquisition of House Smart Inc., an Atlanta-based commercial and residential property inspection company, by LandAmerica's subsidiary Inspectech.The terms of the deal were not disclosed. House Smart's primary services include home inspections, commercial and residential facade and moisture assessments, commercial property condition assessments, and reserve studies. LandAmerica said it doesn't expect to change the name of the acquired company, or to lay off employees. Backroom operations will be consolidated into Inspectech's National Support Center in Alpharetta, Ga. LandAmerica can be found online at http://www.landam.com.
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A tour of the technology that banking has run on, dating back to Franklin's anti-counterfeit measures and the bank-note bulletin that preceded American Banker.
July 3 -
Issuances of new HECM-backed securities dropped off in June on both a monthly and yearly basis, according to a new report from New View Advisors.
July 2 -
The vote to approve the $12 per share deal, which rejected a hostile bid from UWM Holdings, came following several postponements of a special meeting.
July 2 -
A mortgage customer claims his data was compromised in a hack last year at a tax and accounting firm reportedly used by the wholesale giant.
July 2 -
The government-sponsored enterprise clamped down on project review requirements and certain factory-built home appraisals while loosening other guidelines.
July 2 -
The June jobs report is creating an overhang on economist forecasts for interest rates going forward, especially when combined with recent inflation data.
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