LandAmerica Sells Six Subidiaries

Posted by Orb Staff on May 22, 2009 No Comments
Categories : Mortgage Servicing

nkrupt LandAmerica Financial Group Inc. received permission to sell six of its subsidiaries for a total of $28.5 million. The Richmond Times-Dispatch reports that Fidelity National Financial has purchased LoanCare Servicing Center Inc. and LC Insurance Agency Inc. for $16.3 million, and Buyers Protection Group Inc. scooped up the remaining companies – LandAmerica Home Warranty Co., LandAmerica Property Inspection Services Inc., Buyers Real Estate Services Inc. and Residential Property Maintenance Inc. – for $12.2 million. SOURCE: Richmond Times-Dispatch

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