ValuAmerica Expands Footprint with California Acquisition

PITTSBURGH, June 6, 2017 /PRNewswire/ -- ValuAmerica, a wholly owned subsidiary of Clayton Holdings LLC, and national provider of appraisal, title, closing and settlement services, announced today that it has acquired ValuEscrow, Inc., an independent escrow company located in Santa Ana, Calif., expanding its closing and escrow operations in California.

Founded in 2013, ValuEscrow provides loan closing and escrow services to Realtors®, lenders and title companies statewide. The company will continue to operate with its current staff and under its own brand and license. No other terms of the transaction were announced.

"At ValuAmerica, expanding our operational footprint is integral to achieving our long-term success," said Shawn Murphy, Executive Vice President of ValuAmerica. "This transaction will further enhance ValuAmerica's ability to serve our national clients in the country's largest real estate market."

About ValuAmerica
ValuAmerica, headquartered in Pittsburgh, is wholly owned by Clayton Holdings LLC, a subsidiary of Radian Group Inc. (NYSE: RDN), and is a provider of real estate information and technology services to the mortgage and real estate industry. The company provides a comprehensive suite of appraisal, title, closing, and settlement services as well as develops technology to help automate workflow and compliance processes. For more information, visit www.valuamerica.com.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/valuamerica-expands-footprint-with-california-acquisition-300468325.html

SOURCE ValuAmerica

Copyright 2017 PR Newswire