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As the newly-elected
President of REOMAC®,
I want to wish you all
a very happy and healthy New
Year. Mary Best-Brill, who
for the past two years was
REOMAC®’s President, showed
enormous dedication and
leadership to the organization
and its membership. Her
tenure as President will be
hard to match. I am honored
to serve as your President and
look forward to working with an
exceptionally dedicated Board
of Directors. As President,
the first order of business
that I have conducted is to
appoint, with the approval of
the board of directors, two
additional board members. It
is with great pleasure that I
announce that Cynthia Nierer
of Rosicki, Rosicki & Associates
and Art Acosta, ERA Regency
Realtors have been added to
the 2008 REOMAC® Board
of Directors. Both Cynthia
and Art have worked tirelessly
on behalf of REOMAC® over
the years. Cynthia has been
education co-chair assisting
with the dinner meetings and
conference programs and
Art served on the Board of
Directors in 2007. Please join
me in welcoming Cynthia and
Art to the Board.
This year’s newly elected board
members are Beatrice Davis,
GMAC RFC and Benton Neese,
Triad Guaranty; re-elected
to another term is Mia Semo,
National Default Servicing,
Sara Waite, GMAC RESCAP
and Ralph Barone, NJ REO
Asset Management and Realty.
These individuals will be joining
returning board members Bob
Siegmeth, Connie White, Tom
Moon, Donna La Porte and
Mary Best-Brill along with
Cynthia and Art. The officers
that will be working along side
me this year are Benton Neese,
Vice President; Donna La
Porte, Secretary; Ralph Barone,
Treasurer and Mary Best-Brill,
Past President. At the annual
meeting on December 6, 2007
the members in attendance
ratified the election. There
were over 460 people attending
this meeting. It was a thrill to
have such a large turnout for
a REOMAC® dinner meeting.
Thank you to our dinner
sponsors REO Trans and
Crest REO. Their continuing
support of REOMAC® is very
appreciated.
I have been actively involved
in this organization since
2001 and watched in awe as
our membership has grown
to over 1,100 members. The
level of education that is offered
at our dinner meetings and
conferences is exceptional. I
pledge that this will continue
through this year and well into
the future. The Board and
committees are already hard-atwork
on the Spring Conference.
The programs will be cutting
edge and informative. One of
the reasons we continue to hold
such worthwhile conferences
is the support we receive from
our incredible sponsors and
exhibitors. Their financial
support is instrumental in
allowing us to put on such
fantastic conferences. If you
want to sponsor or exhibit,
now is the time to sign up.
The brochure and registration
forms are on line at www.
REOMAC.com. We anticipate
a record number of attendees,
so register early.
The changing environment
of the default industry and
especially REO has altered
the mortgage industry. Subprime
lenders are going out
of business, loans are harder
to come-by, more people than
ever before are in foreclosure.
As professionals in this industry,
we all need to strive to be the
best that we can be. Not
only for the thousands of
homeowners that will lose their
homes, but for the thousands
of homeowners that we can
help keep in their homes.
REOMAC® is your tool for
education and keeping up on
the latest news and statistics.
We will continue to offer you
the best that we can give in
education and networking.
This year we will be holding
dinner meetings across the
country. As in the prior years,
we have sponsors lined up to
ensure that the high quality of
dinner meetings that you have
experienced in the past, will
continue in the future. If you
are interested in sponsoring a
dinner meeting, please contact
the REOMAC® office.
I am so thrilled to be leading
this great organization. I look
forward to a very productive
and successful year. Thank you
for your trust and confidence, I
will not let you down.
Shelley Kaye
2008 REOMAC® President
January 2008
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