Asset Foreclosure Services, Inc. Expands their In-House Foreclosure Services to North Carolina as Foreclosure Rates Remain on Rise

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Asset Foreclosure Services, Inc. announced today that they have expanded their in-house foreclosure processing to North Carolina.

Expanding into North Carolina is another significant move for us

Asset Foreclosure Services, Inc. (http://assetforeclosure.com) announced today that they have expanded their in-house foreclosure processing to North Carolina.

AFS currently offers in-house foreclosure services to lenders, servicers and investor in eight states including Arizona, California, Idaho, Montana, Nevada, Oregon, Texas, and Washington. Responding to the continuous rise in foreclosure rates nationwide, they are aggressively expanding their presence on the eastern seaboard.

"Expanding into North Carolina is another significant move for us," says Kelli Espinoza, Senior Vice President. "It reinforces our position as one of the primary sources of guidance and solutions within the default servicing industry. This development is another achievement by our dedicated team. We plan to keep springing ahead!"

While foreclosure rates continue to climb, AFS and their staff remain abreast of all current laws and regulations. According to California based RealtyTrac.com, foreclosure filings in North Carolina were up 58 percent in the second quarter of 2008 compared with the same quarter a year ago. Mecklenburg, Durham, Cumberland, and Wake counties suffer from the top foreclosure filings in the state with 1 in 386, 1 in 511,    1 in 514, and 1 in 689 houses, respectively, 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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