Mortgage servicing company ELM Services projects to add more than 160 employees over the next five years, the firm announced. 

Based in Overland Park, Kan., the servicing firm said the expansion follows growth in its foreclosure claims processing business, adding both full time and part time positions. 

Even though the market is picking back up, Erika Larson, ELMS president and CEO, said there is still quite a bit of foreclosure claims activity in the pipeline.

The company was founded in 2009.