LRES Corp., a diversified REO/asset management and valuations company, has signed a definitive agreement to acquire Keystone Asset Management, Inc., a Pennsylvania-based REO/asset management business that also offers appraisal/valuation services.
Terms of the deal were not divulged.
In a release, LRES says the acquisition will enable it to expand its servicing solutions channel as well as the number of customers it serves.
The deal is expected to be completed September 1.
Roger Beane, CEO
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