First Advantage Corp., a global risk mitigation and business solutions provider, has purchased the assets of CredStar, the Los Angeles-based mortgage credit reporting business unit of Brookfield, Wis.-headquartered Fiserv Inc., a provider of information technology services to the financial industry.
First Advantage says the purchase of CredStar expands its market in the U.S. mortgage credit reporting industry, where it already services 19 of the top 20 lenders. Terms of the acquisition were not disclosed.
