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Press Release - August 2005

News for Immediate Release

Ward R. Allen Joins Asset Foreclosure Services Inc. 

Firm Expands Services with National Marketing Focus

 Woodland Hills, California, August 1, 2005 … Asset Foreclosures Services, Inc., (AFS) a leading trustee firm offering nationwide foreclosure services and one-stop default solutions to the mortgage servicing industry, announced today that Ward R. Allen, Sr., has joined the company as Executive Vice President and National Marketing Director. 

Eli Tene, President of AFS, said, “Ward is a legend in our industry and we are pleased to have him on board.  He was a very early proponent of loss mitigation and has 30 years of experience and knowledge of all aspects of our business. Ward’s professional integrity will help us strengthen relationships with our clients and work as their partner to provide solutions to their problems and needs.”

Ward Allen stated, “Eli and Gil were a large part of my decision to join AFS. I have tremendous respect for their knowledge, dedication and professionalism.” He added, “AFS‘s vision is to emphasize on services provided, as its credo. As a result, all of the technology is in place, we are at the leading edge and encompass a wide variety of services. Our company is capable to deliver excellent attention to our customer’s needs.”

Allen’s primary mission in his new role is to develop complete integrity with AFS clients by working on the same side of the table and not as just another vendor. Allen also plans to expand services and help AFS to increase market share in the industry.  Allen will work on National clients from the AFS Georgia office.

Before joining AFS, Allen was SVP/National Marketing Director for TD Service Corporation, another California-based trustee. Prior to this he worked for Peele Financial Corporation as National Marketing director, FNMA as Senior Sender Representative, First Georgia Bank as EVP of Servicing, Lincoln Service Corp as VP of Loan Servicing for Banc Boston Mortgage Corp, (nka WAMU).


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About Asset Foreclosure Services, Inc.

AFS, based in Woodland Hills, California, is a National Trustee with a wide range of default servicing solutions including in-house foreclosure, lien release, post- foreclosure services along with monitoring seniors and loss mitigation in seven Western states. The states include Arizona, California, Idaho, Montana, Nevada, Oregon and Washington.  They also offer national foreclosure referral services throughout the United States.   

For more information, contact Eli Tene, President, (877) AFS-7878,, 22837 Ventura Blvd., Suite 350, Woodland Hills, CA 91364 , Fax:(818) 591-9599, Website: or Ward R. Allen, Sr., Executive Vice President/National Marketing Director, (678) 344-8000,, 1280 Thistle Gate Path, Lawrenceville, Georgia  30045, Toll Free: (888) 312-7738, Fax: (678) 344-8089


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Contact Us


Asset Foreclosure Services, Inc.
Peak Financial Plaza
22837 Ventura Blvd
Suite 350
Woodland Hills, CA 91364

Tel: 877-AFS-7878
Fax: 818-591-9599


Asset Foreclosure Services, Inc.
1280 Thistle Gate Path
Lawrenceville, GA 30045

Tel: 888-312-7738
Fax: 678-344-8089



Copyright 2004, Asset Foreclosure Services, Inc.   All rights reserved.