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Zaio Ceases Operations, Cites Market Conditions 

And the real estate crunch continues to roll onward — but this time, it’s claimed the first collateral valuation provider, rather than a lender. Calgary-based Zaio Corp. said Thursday that it had “ceased operations” at Zaio Inc., its U.S.-based subsidiary that had been aggressively pushing its way into the real estate valuation and appraisal business in the States.