June 2007, Asset Foreclosure Services Inc. Launches a New Division

Asset Foreclosure Services, Inc. has launched a new division: Strategic Asset Solutions (SAS).

Woodland Hills, CA (PRWEB) June 13, 2007 -- Asset Foreclosure Services, Inc. (www.assetforeclosure.com) has launched a new division: Strategic Asset Solutions (SAS). Theresa Burton and Edna Juarez have been named Directors of SAS and will be responsible for focusing on contracting with mortgage servicers to sell non-performing assets through multiple avenues to effect better pricing and shorter default/marketing days than their clients' traditional performance.

Strategic Asset Solutions, based in San Diego, CA, utilizes over 25 years of combined experience in trading, loss mitigation, property management and REO to effectively liquidate both residential and commercial assets via bulk sales and investor direct regional sales. Founding partners Gil Priel and Eli Tene feel that Burton and Juarez will develop SAS into the preeminent liquidation platform of distressed assets for the mortgage industry. "We are very excited about this division and its Directors," Priel says. "Burton and Juarez's role is at the core of our mission to build long-lasting business relationships with our clients and offer advisory services to help even in the worst of scenarios."

As lenders are faced with increasing REO populations due to current industry conditions, Strategic Asset Solutions will save its customers time and money by customizing loss mitigation strategies in any market. For more information, visit reosas.com.