LandAmerica to Combine Residential Services with Lender Services
RICHMOND, Va., May 20 /PRNewswire-FirstCall/ — LandAmerica Financial
Group, Inc. (NYSE: LFG) announces its Residential Services and Lender
Services are joining forces to create a single powerful Residential
Services customer channel effective June 30, 2008. This move will
strategically align LandAmerica even more closely with its customers and
enhance the company’s service delivery to builders, Realtors(R) and lenders
nationwide. Company officials explained that the merger represents the
natural evolution of its customer-focused organizational structure.
“LandAmerica is leveraging the combined power of its Residential
Services relationships and its local sales and service capabilities with
the operational efficiencies of Lender Services,” said Melissa Hill, who
will serve as President of the new combined channel. “This will give us the
power to deliver end-to-end solutions to a wider set of customers who
participate in the residential real estate transaction services world.
Customers will ultimately enjoy a higher level of satisfaction with every
transaction from a company already renowned inside its industry for
service.”
Theodore L. Chandler, Jr., Chairman and Chief Executive Officer of
LandAmerica, added, “This combination further enables our transformation to
a customer-focused company powered by talented specialists and optimized by
integrated fulfillment capabilities. This is an exciting development in
pursuing our Shared Vision of making LandAmerica the premier provider of
real estate transaction services.”
About LandAmerica Financial Group, Inc.
LandAmerica Financial Group, Inc. is a leading provider of real estate
transaction services with over 700 offices and a network of more than 8,500
active agents. LandAmerica serves agent, residential, commercial and lender
customers throughout the United States, Mexico, Canada, the Caribbean,
Latin America, Europe and Asia. LandAmerica is recognized as number one in
the mortgage services industry on Fortune’s 2007 and 2008 lists of
America’s Most Admired Companies.
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Source: Real Estate Newswire
[...] LandAmerica to Combine Residential Services with Lender Services [...]