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REOMAC®,
founded in 1985 in California, began as a forum for lenders with REO
assets to share best practices with their peers. As time went on and
the association grew, it became important to include related industry
professionals and expand our membership categories. Today, REOMAC®
is the premier non-profit trade association serving the mortgage default
servicing industry nationwide. We are dedicated to providing our members
with unparalleled educational and networking opportunities. We are also
committed to delivering timely information that our members can put
to practical use to mitigate losses on defaulted mortgage loans; provide
ancillary services to lenders and servicers; or help manage, market,
maintain, sell and ultimately dispose of non-performing real estate
assets.
What makes REOMAC®
unique is the diversity of its members. Our membership includes mortgage
lenders, servicers, attorneys, title representatives, asset management
outsourcers, real estate brokers and a wide variety of associated vendors
that give us a comprehensive perspective on developing trends and how
they will affect the industry as a whole. Further, we are able to facilitate
continual improvements in our programs and services as a result of our
membership’s diverse perspectives.
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