Amresco Inc. has signed a definitive agreement to buy substantially all of the operating assets of Quality Mortgage USA Inc., Irvine, Calif., for $65 million.

Amresco had reported Sept. 4 that it signed a letter of intent to acquire Quality Mortgage and Calmac Funding Inc. for $95.2 million. An Amresco spokesman said the company would not complete the acquisition of Calmac.

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