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ASSETLINK LP Establishes Office in Denver

October 1, 2004

Headquarters will remain in Pittsburgh

PITTSBURGH, AssetLink LP, a Pittsburgh-based REO (Real Estate Owned) services company that specializes in selling bank-owned properties acquired through mortgage foreclosures, has established an office in Denver, Colorado.

AssetLink is a wholly-owned subsidiary of ServiceLink LP of Pittsburgh, the largest centralized closing management company in the nation.

According to AssetLink President, Ken Westfall, the Denver office will give AssetLink an East Coast-West Coast presence in what is generally regarded as the nation’s center for companies that deal with the management of REO properties. In making the announcement, Westfall noted that he is no stranger to Denver. He is a native of Colorado and spent 25 years working there in the REO industry before moving to Pittsburgh earlier this year. Before joining AssetLink, he was Chairman and Chief Executive of Denver-based Westfall & Company, a company he sold in 1998 to Chicago Title, which now operates as Fidelity National Asset Management.

“Locating an office in Denver gives us a strategic presence that will allow us to build on our national status in the REO market. It’s also an opportunity for me to return to my roots, both professionally and personally,” he said.

Commenting on the establishment of the Denver office, Jeff Coury, Chief Executive Officer of ServiceLink LP, AssetLink’s parent company, said, “Establishing this new office in Denver further demonstrates our commitment to the REO market. This presence along with Ken’s leadership and the proven ServiceLink model, strategically positions AssetLink in the market.”

Source: ASSETLINK LP



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