Illinois industry appointments update - 06/30/2006

National Mortgage Professional

Jul 10, 2006

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.

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