MMREM), Arlington, Va., a national asset management and default services firm that deals with multiple federal agencies and mortgage servicers, investors and insurers, has named prominent lending industry veteran Ivan Choi to the newly-created position of senior vice president.
In his new role, Mr. Choi will be a key member of MMREM’s executive and planning team, working directly with CEO and founder, Matt Martin. Choi will also be working closely with the management team of Sperlonga Data & Analytics, MMREM’s affiliate company that provides solutions for the growing problem of homeowners associations (HOAs) claims for unpaid fees. These claims frequently stall the resale efforts of real estate agents, servicers and investors, delaying closings and driving up costs.
Choi brings a wealth of experience to MMREM and Sperlonga. He is the current president of the board of directors of REOMAC®, a non-profit trade association serving the mortgage default servicing industry nationwide. Choi spent thirteen years within Countrywide/Bank of America as a senior executive and joins MMREM from his practice as an expert consultant in business development and default management services. Very active throughout the real estate and mortgage community, he is also a national board member of the Asian Real Estate Association of America (AREAA).
“It is rare to find someone with Ivan’s diverse experience in real estate, mortgages and association leadership,” says Matt Martin, MMREM’s founder and CEO. “Ivan’s reputation in lending and real estate will be a tremendously positive factor as we expand our national presence in default services, as well as in the HOA fee claims resolution space,” notes Martin.