National Association of Default Professionals (NADP)

What National Association of Default Professionals (NADP) does

NADP (National Association of Default Professionals), founded in 1985 as REOMAC and rebranded to its current name, is a US-based 501(c)(3) professional trade association serving the mortgage default management industry. Its core product is a multi-tier membership program spanning individual members (Default/REO Management at $75/year for institutional employees and Affiliate at $395/year for service providers), corporate partnerships (Silver $999, Gold $1,999, Platinum $2,999), and Annual Partnership tiers (Gold $5,000, Platinum $8,000, Titanium $12,000). The association monetizes through four primary streams: recurring membership dues, event registration fees (webinars plus an annual conference at The Vinoy Resort, St. Petersburg), corporate sponsorships, and certification program fees (Residential and Commercial Default Pro Certification Bundles at $400 member / $600 non-member).

The technical architecture is a vanilla SaaS stack: Wild Apricot powers the membership portal, event registration, and member directory at defaultpro.org; TalentLMS delivers on-demand certification courses; Zoom runs live webinars; and standard SSO options (Google, Microsoft, Apple) handle identity. The accompanying NADP Foundation (DBA of REOMAC Foundation) operates a 501(c)(3) scholarship program for college and trade school students, distributed hundreds of thousands of dollars to date.

Name

National Association of Default Professionals (NADP)

Legal name

National Association of Default Professionals

Website

https://defaultpro.org

Company type

Private

Founded year

1985

Operating status

Operating

Headcount range

1–10 employees

Short description

NADP is a US-based 501(c)(3) trade association, founded in 1985, that educates, certifies, and connects mortgage default management professionals through tiered memberships, corporate partnerships, certification programs, and an annual conference.

Ownership category

akta.pro rank

Product category

Professional Trade Association Services

NAICS

Business Associations (813910), Professional Organizations (81392)

SIC

Services-Membership Organizations (8600), Services-Educational Services (8200)

akta.pro primary industry

Student Loan Collections, Default Management & Recovery (FSAKAEAL)

akta.pro secondary industries

Association & Society Conference Management (Nonprofit, Professional Bodies) (THAHACAA), Finance, Accounting & Risk (CFA/CPA/FRM) Certifications (EDAAANAD)

Keywords

• Mortgage default management
• Professional trade association
• REO asset management
• Mortgage servicing education
• Default services certification

Headquarters

HQ city

Tampa

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Marketing or Sales, Operations, Technology or R&D, Others

Revenue model

1. Individual Membership Dues: Annual subscription-based memberships at multiple tiers - Affiliate ($395/year) for service providers and Default/REO Management ($75/year) for institution employees. Revenue from recurring membership fees.
2. Event Registration Fees: Registration fees for annual meetings, webinars, and educational events. Annual Meeting registration ranges from $99 (Asset Manager/Servicer) to $749 (Non-Members). Webinars are free for members or $25 for non-members.
3. Corporate Partner Sponsorships: Annual partner tiers including Titanium ($12,000), Platinum ($8,000), and various sponsorship opportunities at the Annual Meeting including Platinum Sponsor ($5,000), Diamond Sponsor ($4,000), Gold Sponsor ($3,000), and booth/exhibit options ($1,750).
4. Certification Program Fees: Revenue from certification programs including Residential and Commercial Default Pro Certification bundles - Members $400, Non-Members $600 per certification bundle.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

The National Association of Default Professionals (NADP) is a U.S. nonprofit trade association that sells individual and corporate memberships, tiered annual/corporate partnership sponsorships, certification programs (Residential and Commercial Default Pro), educational events including the annual NADP Annual Meeting and webinars, and an online member directory for professionals and organizations in the mortgage default services industry. It is also the operating brand associated with the REOMAC Foundation 501(c)(3), which administers scholarship programs for students pursuing careers in default services.

Product overview

NADP operates as a membership-based trade association offering a multi-tiered product portfolio centered on professional membership programs, certification education, annual conferences, and industry networking. The core offering consists of individual memberships (Affiliate at $395/year for service providers and Default/REO Management at $75/year for mortgage professionals) and corporate partnership tiers (Silver at $999, Gold at $1,999, Platinum at $2,999 annually). NADP also offers Annual Partnership programs (Gold $5,000, Platinum $8,000, Titanium $12,000) providing ultimate exposure throughout the year. Educational products include the Residential Default Pro Certification and Commercial Default Pro Certification bundles (Members $400, Non-Members $600) delivered via TalentLMS platform. The organization hosts the annual NADP Annual Meeting (October 4-6, 2026) and webinars as recurring educational events. Additional offerings include the NADP Foundation Scholarship Program for students and the Ask NADP online forum for member support.

Differentiator

Problem solved

Functional benefit

Products and services

• Individual Membership – Affiliate Affiliate membership category for brokers, agents, attorneys, appraisers, title/escrow professionals, foreclosure trustees, property managers, field and preservation professionals, receivers, auction companies, fiduciary groups, insurers, governmental bodies, and technology professionals serving the mortgage default services industry; priced at $395 annually.
• Individual Membership – Default/REO Management Individual membership for employees of institutions that own or control default servicing of real estate mortgages, covering collection, foreclosure, bankruptcy, loss mitigation, loan workout, compliance, and post-foreclosure functions; priced at $75 annually.
• Corporate Partnership – Platinum, Gold, and Silver Tiers Tiered corporate partnership program with Platinum ($2,999/yr, up to 6 employee memberships), Gold ($1,999/yr, up to 4 employee memberships), and Silver ($999/yr, 2 employee memberships) tiers providing bundled memberships, quarterly social media recognition, exclusive event discounts, special sponsorship pricing, and website listing.
• Annual Partnership – Titanium, Platinum, and Gold Tiers Premium annual partnership program with Titanium ($12,000), Platinum ($8,000), and Gold ($5,000) tiers providing sponsorship at the Annual Summit and Annual Meeting, recognition at the Annual Golf Tournament, partner highlights on social media, website recognition, and webinar sponsorship.
• Residential Default Pro Certification Certification bundle covering the lifecycle of residential REO properties from pre-foreclosure to sale, delivered via TalentLMS; pricing $400 for members and $600 for non-members, six hours of training.
• Commercial Default Pro Certification Certification bundle covering commercial default lifecycles across hospitality, office, retail, and mixed-use asset classes, including valuation skills, Broker Opinion of Value preparation, and transaction management; pricing $400 for members and $600 for non-members, six hours of training.
• NADP Annual Meeting Three-day annual conference held at The Vinoy Resort & Golf Club in St. Petersburg, Florida featuring educational sessions, networking events, certification courses, and an industry panel, with registration priced at $549 for members, $749 for non-members, $944 for non-members with new NADP membership, and $99 for Asset Manager/Servicer attendees.
• Webinar Series Recurring live virtual educational webinars on default services topics delivered via Zoom, free for members and $25 for non-members, offering live-only access without recordings.
• NADP Foundation Scholarship Program Scholarship program administered through the NADP Foundation (a DBA of REOMAC Foundation, a 501(c)(3) nonprofit) that has awarded hundreds of thousands of dollars to college and trade school students enrolled in at least nine credit hours at accredited post-secondary schools.
• NADP Member Directory Online searchable member directory with public zip-code search and advanced member search by name, company, state, and certifications, supporting business referrals within the default services industry.
• Ask NADP Forum Online subscription forum where members and colleagues submit questions, seek advice on difficult default services situations, access curated resources, and share tips and insights with industry peers.

Named customers14 records

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

Partnerships

Eight partnerships are on record, tiered flagship, core and minor.

• Annual Partners (Titanium Tier)flagshipStrategic or Co-development PartnerPremium annual partners receive ultimate exposure throughout the year at NADP events with major savings. Titanium Partner tier at $12,000 includes sponsorship at Annual Summit and Annual Meeting, recognition at Annual Golf Tournament, partner highlight on social media, recognition at all NADP events, website recognition, and webinar sponsorship.
• Genstone Asset DispositionflagshipStrategic or Co-development PartnerGenstone Asset Disposition, part of The Fay Group, is the current Annual Partner sponsor. President Glenn Brooks serves as NADP President, demonstrating deep integration with the organization's leadership.
• Corporate Partners (Platinum/Gold/Silver)coreGTM or Marketing PartnerCorporate Partners amplify NADP's efforts by investing in resources that benefit the membership. Tiers include Platinum ($2,999), Gold ($1,999), and Silver ($999) with benefits including memberships for employees, quarterly social media recognition, event discounts, sponsorship pricing, and website listing.
• Wild ApricotcoreTechnology or IntegrationMembership management software platform powering NADP's website, member directory, event registration, and membership applications.
• The Vinoy Resort & Golf ClubminorOthersHost venue for the 2026 NADP Annual Meeting. Located at 501 5th Ave NE, St. Petersburg, FL 33701. Offering special rate of $219/night plus taxes with waived resort fee for attendees.
• REOMAC Foundation (501(c)(3))coreOthersThe NADP Foundation is a DBA of REOMAC Foundation, which is the legal entity for federal tax purposes. The Foundation operates as a 501(c)(3) nonprofit and is the vehicle for NADP's scholarship programs for students pursuing trade school or college education.
• Old Republic TitleminorGTM or Marketing PartnerSession sponsor at the 2026 Annual Meeting for educational content on 'Clearing Title Post-Foreclosure' and 'Mortgage Modifications, Loan Work Outs, and Short Sales'.
• Northwest REO ProminorGTM or Marketing PartnerSession sponsor for 'Unlocking Hidden Opportunities: Revenue Growth, Listing Strategies & AI for Real Estate Agents' at the 2026 Annual Meeting.

Scale indicators2 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• National Association of Home Builders (NAHB): Large trade association for the residential construction and housing industry. Comparable in scale and member-tier/conference/sponsorship economics, with overlapping audience among real estate services professionals that participate in REO disposition and asset management.
• American Land Title Association (ALTA): National trade association for the title insurance and settlement industry. Adjacent in the mortgage default workflow (title/escrow for foreclosure and REO) with a similar member-dues, conference, and certification revenue architecture.
• National Association of Realtors (NAR): The largest U.S. trade association for real estate professionals. Operates the dominant residential real estate membership, education, and certification model at scale; comparable in monetization mechanics (dues, designations, conferences) though far broader in scope than NADP.
• National Association of Federally-Insured Credit Unions (NAFCU): Trade association for federally-insured credit unions, many of which hold and service residential mortgages including default servicing. Strongly comparable tiered-membership, advocacy, and education revenue model relevant to NADP's institutional member segment.
• Independent Community Bankers of America (ICBA): Trade association for community banks, many of which service mortgage loans in-house. Highly comparable as a tiered-membership, conference-driven association serving financial institutions — overlapping with NADP's institutional default/REO management member segment.
• Mortgage Bankers Association (MBA): The largest national trade association for the real estate finance industry, including servicing and default management. Broader in scope than NADP but overlapping membership on the institutional servicing side and a comparable conference/education/sponsorship revenue model.
• National Association of Mortgage Brokers (NAMB): Trade association representing mortgage brokers and originators. Overlaps with NADP at the intersection of mortgage industry professionals and shares the membership-dues plus conference revenue model, though NAMB focuses on origination rather than default servicing.

Emerging players

• Community Home Lenders Association (CHLA): Smaller trade association representing independent mortgage bankers and community-focused lenders. Comparable mission and member-base economics to NADP at a smaller scale, with overlapping educational and advocacy offerings for the mortgage servicing ecosystem.

Direct peers

• Five Star Institute: Trade association and education provider serving the mortgage default and real estate services industry. Most direct comparability to NADP in mission, member base (default servicers, REO professionals), and conference-driven business model.

Regional players

• U.S. Mortgage Insurers (USMI): Trade association for the U.S. private mortgage insurance industry. Adjacent to NADP given mortgage insurers' exposure to default servicing and loss mitigation; relevant benchmark for member-tier, advocacy, and conference monetization in the mortgage ecosystem.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/defaultpro
• LinkedInlinkedin.com/company/nadefaultprofessionals

Revenue estimate

Valuation estimate

Number of profiles

Profiles16 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about National Association of Default Professionals (NADP)