LandAmerica acquires MSTD Inc.MortgagePress.comBackInTheBlack, MSTD Inc., LandAmerica
LandAmerica Financial Group Inc. has announced the purchase of
MSTD Inc., developer of the BackInTheBlack default servicing
technology platform.
"Our default management clients are increasingly challenged with
delinquencies and foreclosures, as well as with an increased focus
on regulatory compliance and loss mitigation," said Albert V. Will,
executive vice president of lender services for LandAmerica.
"Blending the capabilities of LandAmerica Default Services with the
technology expertise and products of MSTD enables LandAmerica to
offer the mortgage industry the best and most integrated servicing
solution in the marketplace."
LandAmerica is a provider of real estate transaction services
based in Richmond, Va. For more information, call (866) 526-3261 or
visit www.landam.com.
MSTD Inc. is a provider of Web-based business solutions for the
mortgage servicing industry based in Baltimore. For more
information, call (410) 837-0161 or visit www.mstdinc.com.
