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ValuAmerica Inc. has acquired ValuEscrow Inc., a California-based escrow company.
Terms of the deal were not disclosed. ValuEscrow, which will continue operating with its current staff, brand and license, provides loan closing and escrow services to realtors, lenders and title companies.
The acquisition comes as ValuAmerica, a wholly owned subsidiary of Clayton Holdings LLC, looks to expand its California operations. Clayton Holdings is a unit of Radian Group Inc.