MEM Financial Buys Title Company

MEM Financial Solutions, a mortgage brokerage based in the Albany suburb of Halfmoon, N.Y., has announced the acquisition of Land Research Solutions Inc., a title company located in Clifton Park, N.Y.The terms of the transaction were not disclosed. MEM Financial said Land Research's Charlotte Freeman and Bonnie Van Alphen have 55 years of combined experience in the mortgage and title industries. Land Research's predecessor company, Integrity Title Co., recorded gross earnings of $801,000 last year, a 78% increase from its earnings in 2003, according to MEM Financial. The company can be found online at http://memfinancialsolutions.com.

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