ServiceLink LP, a Pittsburgh-based closing management company, has announced the formation of AssetLink LP as an independent subsidiary to focus on the sale of bank-owned properties acquired through mortgage foreclosures.AssetLink will operate as a community of brokers, lawyers, and other mortgage default service providers managing every level of the real-estate-owned process, ServiceLink said. Ken Westfall, a 25-year veteran of the industry, has been named president of AssetLink. The new company is seeking brokers and attorneys nationwide to provide services from their current locations via an Internet-based platform.

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