Asset Foreclosure Services Inc.Asset Foreclosure foreclosure Legal proceeding by which a borrower's rights to a mortgaged property may be extinguished if the borrower fails to live up to the obligations agreed to in the loan contract. Services Inc. has appointed Ward R. Allen Sr. as executive vice president and national marketing director and Jerry Roumm to senior vice president of marketing in its Woodland Hills office. Prior to joining the company, Allen was senior vice president of TD Service Corp.: Roumm was senior vice president of marketing for SBS See Small Business Server. Trust Deed A legal document that evidences an agreement of a borrower to transfer legal title to real property to an impartial third party, a trustee, for the benefit of a lender, as security for the borrower's debt. Network. |
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