Industry News

Web service adds foreclosure sales

ServiceLink subsidiary will manage process

Don't miss the real estate event of the summer
Join 4,000 real estate pros at Connect SF, Aug 7‑11, 2017

Hopewell Township, Pa.-based ServiceLink, a centralized closing management company, has formed AssetLink LP, an independent subsidiary that will focus on selling bank-owned properties acquired through mortgage foreclosures. Ken Westfall, a 25-year veteran of the asset management and disposition industry, who pioneered broker price opinions and real estate-owned outsourcing, is AssetLink's president. AssetLink will operate as a community of brokers, lawyers and other mortgage default service providers who will manage the REO process from investor relations and asset acquisition to eviction, pre-marketing, marketing, negotiation and closing. AssetLink is seeking brokers and attorneys who can provide services thoughout the country through an Internet-based platform.  ServiceLink claims to have pioneered the industry standard for a "start to finish" system that allows the company's work teams to control the closing process from beginning to end. *** What's you...