Omnia Receives FDIC Approval

May 26, 2016   Business News

May 26, 2016 – Los Angeles, Calif. – Omnia, a California-based real estate services firm, announced Monday the Federal Deposit Insurance Corporation (FDIC)has awarded official contractor status to the company. The FDIC Loan Servicing Contractor award encompasses the full range of Commercial, Residential, and Consumer loan servicing functions for loans received from failed financial institutions, which are placed in Receivership or Conservatorship and managed by the FDIC. These LSCs are charged with safeguarding assets while providing loan services, including general loan administration, debt restructuring, and collection services appropriate to the type of loan being serviced.

“This is significant step forward in the constant evolution and growth of Omnia,” said Max Kim,President of Omnia. “This Contractor-level approval by the FDIC speaks to the consistency and quality of our products and services line and the strict controls that we employ to ensure the viability of our offerings.”

Omnia serves the needs of a diverse number of capital markets, financial and real estate holdings-related institutions by offering a comprehensive suite of outsourced Commercial and Residential real estate services, which include: asset management and disposition (including a state-of-the-art auction platform), property valuation, property inspection and other investment-related services.

“Omnia has direct and reseller clients conducting business in all 50 states, Washington DC and Puerto Rico, and we are proud to service all of their needs in all jurisdictions”, said Kim. “Our clients have discovered a variety of uses for our evaluation products, from periodic portfolio valuation, to pre-underwriting due diligence, to special asset evaluation, and more. And our asset management business, both commercial and residential, has grown to serve the needs of even our largest national clients. This FDIC approval will only strengthen our position.”

About Omnia Real Estate Services
Omnia, a trusted leader in real estate asset management focuses on providing world-class, industry standard service, in all 50 states, helping its customers solve their most demanding real estate-related, business and technology challenges. Visit omnia247.com for more information. Omnia maintains two west coast campuses in Newport Beach and Orange, California.