Asset Foreclosure Services, Inc. Expands their In-House Foreclosure Processing to Texas as Foreclosure Rates Remain on the Rise

Asset Foreclosure Services, Inc. (www.assetforeclosure.com) announced today that they have expanded their in-house foreclosure processing to Texas.

Woodland Hills, CA (PRWEB) January 11, 2008 -- Asset Foreclosure Services, Inc. (assetforeclosure.com) announced today that they have expanded their in-house foreclosure processing to Texas.

The company will utilize their innovative use of technology and commitment to excellence to continue their rapid growth nationwide, in support of lenders, servicers, and investors.

They currently offer in-house foreclosure services in seven western states including Arizona, California, Idaho, Montana, Nevada, Oregon and Washington. While Texas allows non-judicial foreclosures compared to many states, it is extremely easy to move rather quickly within the foreclosure process. The entire foreclosure process can take about 60 days.

"Expanding into Texas is an incredible move for us," says Kelli Espinosa, Senior Vice President. "It means that it positions us as one of the primary sources of guidance and solutions within the default servicing industry. Without a doubt, this development is the direct result of all the hard work and dedication of our entire team. We plan to keep springing ahead!"

Kelli also asserted that because foreclosures in Texas are non-judicial remedies, there are very stringent notice requirements and the legal documents that are required to contain the power of sale language. "AFS continues to adhere to our standards of excellence with especially important when entering new markets."

While foreclosure rates continue to climb, AFS and their staff remain abreast of all current laws and regulations. According to CNNMoney.com, there is much help needed in Texas. Arlington, Dallas, San Antonio, and El Paso each made the list of the top 100 metro cities in foreclosure filings with 1 in 57, 1 in 63, 1 in 112, and 1 in 187, respectively, houses foreclosed upon.

Asset Foreclosure Services, Inc., headquartered in Southern California, features a centralized approach, allowing them to specialize in a wide range of default servicing solutions and support to meet the needs of a diversified clientele including servicers, sub-servicers, banks, and private investors. The company offers nationwide foreclosure processing, reconveyance, post foreclosure services and loss mitigation efforts.

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