San Diego-based New Vista Asset Management, a Certified Minority Business Enterprise and a nationwide provider of real estate-owned (REO) asset management services, has named foreclosure industry veteran Ivan Choi as the company’s national default sales executive. Choi currently serves as president of REOMAC, a national non-profit trade association of mortgage servicing executives, asset managers, foreclosure attorneys and real estate brokers. He is also a board member of the Asian Real Estate Association of America, a recognized mortgage default expert and an accomplished industry speaker.
“Ivan Choi is a top flight professional in the REO space who adds tremendous bench strength to our team at New Vista,” said Jim Park, the company’s co-founder and co-chief executive officer. “He brings us significant market knowledge and deep relationships with leaders in the real estate and banking sectors.”
Choi, with more than 15 years of experience in the foreclosure and mortgage banking market, formerly served as a national REO program sales executive for Prospect Mortgage. Earlier, he served as an executive with Bank of America where he built and managed national programs covering mortgage origination and REO disposition. For New Vista, Choi will cultivate and develop REO asset management and short sale business relationships.
“We are excited to have Ivan join New Vista to lead our national default sales effort,” said Gary Acosta, New Vista’s co-founder and co-CEO. “He brings tremendous knowledge and experience in both banking and real estate, and will further the company’s mission and business initiatives.”
Choi is the second senior sales executive added by New Vista this year. Earlier, the company hired John Macias, a seasoned sales professional with deep and extensive experience in the REO and settlement services space, to lead the company's broker network expansion.
For more information, visit www.newvistareo.com.