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First American To Acquire LFC's Business.(LFC Nationwide)(Brief Article)
The First American Corporation has executed a letter of intent to acquire LFC Nationwide, a provider of property preservation and field inspection services.
Details of the transaction, which was scheduled to close in March, were not disclosed.
First American said the addition of LFC to First American's existing mortgage information and default services operations will make First American the largest provider of property preservation and field services to the mortgage industry.
Additionally, LFC's proprietary software, which provides real time monitoring of managed inspections, and its technology platform, which supports full online connectivity from mortgage servicers' desktops, are expected to significantly enhance First American's existing field services operation.
First American said the addition of LFC, based in Sterling, Va., should also provide "counter cyclical revenue" to the corporation's earnings. LFC is a privately held company with about 150 employees that provides field inspections, foreclosure inspections, ...
- Edwards joins default Firm.(Gayle Edwards)(Mackay Group)(Brief Article)
- Magazine article from: Mortgage Servicing News October 1, 2002 700+ words
...customize how a servicer manages its default portfolio." Ms. Edwards most recently served three years as president of LFC Nationwide. Prior to joining LFC, she served as director of outsourcing for The LOGS Group and has held senior management positions...
- Default Management Firm Hires Exec.
- Magazine article from: National Mortgage News August 26, 2002 700+ words
...customize how a servicer manages its default portfolio." Ms. Edwards most recently served three years as president of LFC Nationwide. Prior to joining LFC, she served as director of outsourcing for The LOGS Group and has held senior management positions...
- First American Sees Acquisitions as an Avenue for Growth.
- News wire article from: Mortgage Line December 30, 2004 700+ words
...Mr. Kennedy said.Recently, First American acq-uired Matrix Asset Management...Mr. Kennedy said.In 2001, First American acquired LFC Nationwide and merged its resources into First American Field Services, now based in Sterling...
- First American Sees Acquisitions as an Avenue for Growth.(First American...
- Magazine article from: Mortgage Servicing News December 1, 2004 700+ words
...Mr. Kennedy said.Recently, First American acq-uired Matrix Asset Management...Mr. Kennedy said.In 2001, First American acquired LFC Nationwide and merged its resources into First American Field Services, now based in Sterling...
- New guidelines in place for online advertising.(Brief Article)
- Newspaper article from: Screen Digest May 1, 2002 700+ words
Interactive Advertising Bureau (IAB) and American Association of Advertising Agencies (AAAA) have released second version of their terms and conditions for Internet advertising...
- Historic US picture palaces get e-cinema boost.(Emerging Pictures strategic...
- Newspaper article from: Screen Digest July 1, 2002 700+ words
US e-cinema operator Emerging Pictures has formed strategic alliance with League of Historic American Theaters (www.lhat.org) to create national network of satellite-fed digital theatres. Plan is to house many of these in...
- Fewer US acting roles as producers decamp.
- Newspaper article from: Screen Digest July 1, 2002 700+ words
...for 62 per cent and worked nearly twice as many filming days as women. There was also a drop in roles offered to African Americans--14.4 per cent against 14.8 per cent previous year. Fall is also due to rise of reality TV programming and a drop...
- Business.
- Newspaper article from: Screen Digest June 1, 2002 700+ words
...owned display technology New Zealand; +65/0740 8058 company has signed licensing agreement www.deepvideo.com with American Panel Corporation, liquid crystal display (LCD) manufacturer for aeroplanes, ships and ground vehicles. Supply agreement...