United Financial To Buy MSA

United Financial Mortgage Corp., Oak Brook, Ill., has agreed to acquire Mortgage Service America Inc., Lombard, Ill. Terms of the deal were not disclosed.United Financial's president, Joseph Khoshabe, said the addition of MSA will increase his company's average monthly volume by 70%. According to the Mortgage Industry Directory, United Financial had 1997 volume of $230 million. No figures were available for MSA. Leonard J. Giblin, MSA's president, will sign a three-year employment agreement to remain in that position.

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