REOMAC® is dedicated to advancing the careers of professionals in the default industry through education, networking and teambuilding.
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.