""FEI"":http://www.feillc.com, a national provider of posting, publication, auction management, property preservation, and asset management services based in Washington, recently acquired ""RSVP"":http://www.rsvpforeclosures.com, a national provider of similar services headquartered in California.
""RSVP is an excellent fit with our business model and expansion plan,"" said Steve Kim, FEI's COO. ""The operations platform, staff, and technology infrastructure[IMAGE] [COLUMN_BREAK]
are exceptional. We will combine the FEI and RSVP families to build an even stronger industry presence with national servicing capabilities.""
RSVP will continue to operate from Concord, California, servicing existing clients with its current staff and technology resources, including its Web browser-based processing and order management platform.
""FEI has the financial strength and the requisite commitment to offer RSVP's clients the level of support and service to which they have grown accustomed,"" said Ralph F. Hints, former RSVP president and CEO.
Together, FEI and RSVP will offer foreclosure services including posting, service of process, and publication management that controls the production and placement of legal notices in 2,300 publications from coast to coast.
In addition, FEI's trustee sales group provides auction management and monitoring of bidding through an affiliate network primarily in the Western, Midwest, and Eastern United States. The company also provides clients with nationwide property preservation and asset management services.