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About Us

Olympus Asset Management building
Olympus Asset Management building in Scarborough, Maine.
Olympus Asset Management building in Scarborough, Maine.
Olympus Asset Management is dedicated to providing superior quality, results-driven asset management, marketing, sales and disposition services to banks and mortgage companies throughout the United States.

Founded in 1997, Olympus Asset Management is operated by veteran, time-tested REO industry management professionals possessing over 50 years of combined experience in this dynamic discipline. With a highly skilled staff of asset management support personnel Olympus Asset Management has built a solid track record of success in providing expert REO outsourcing services on prime and sub-prime loan portfolios nationwide.

Our entire team possesses a wide range of expertise in asset value reconciliation, problem solving, resale real estate sales, marketing, property preservation and management, contract negotiation and sales closings. We intimately understand the complexities and unique challenges involved in balancing the critical objective of maximizing net recovery and minimizing holding time on non-performing real estate assets.

Olympus Asset Management is a unique REO outsource partner because we have the proven ability to become an integral extension of our clients' internal staff by customizing our processes to fit their specific needs and we proactively maintain high-touch personal contact with our client-partners, agents and vendors.

We combine our proven expertise with a team-oriented commitment to succeed together in expediting the REO process to achieve your company goals and objectives in the most cost-effective, efficient manner possible. The proof is in our performance.

Our Commitment and Mission
(It bears repeating)

“Olympus Asset Management is a unique REO outsource partner because we have the proven ability to become an integral extension of our clients' internal staff by customizing our processes to fit their specific needs and we proactively maintain high-touch personal contact with our client-partners, agents and vendors.”

Partial List of Previous and/or Current Clients

  • Citicorp Trust Bank, fsb

  • Citifinancial

  • Chase Home Mortgage

  • Washington Mutual Bank

  • Great Western Bank

  • Homeside Lending

  • Aurora Loan Services

  • Bank One

  • First Chicago

  • Long Beach Mortgage

  • US Department of Agriculture


Our Management Team

Eric Hirshberg, President

With over two decades of experience in REO asset management, Eric Hirshberg first distinguished himself as Asset Manager for Great Western Bank before the foreclosure boom of the early 1990s, then throughout the proliferation of massive foreclosures that followed. He continued to perform at high levels as Asset Manager after the merger of Great Western Bank with Washington Mutual earning Asset Manager of the Year honors in 1997 and the REO Department's Most Valuable Player Award in 1998.

Eric joined Olympus Asset Management as a partner in the firm in 1999 where he became a major asset to clients because of his continued commitment to excellence and his many years of experience on the client side of the REO business. Eric subsequently bought the company outright in 2001 and began building Olympus Asset Management into the successful, growing company that it remains today, based on the principles of hard work, integrity, and proactive customer service, keeping in mind that what is best for the customer is ultimately best for his company.

In 2002 Olympus Asset Management earned Vendor of the Year honors and the Distinguished Service Award from Citicorp Trust Bank for their top performance as the leading asset management partner for the Maryland-based mortgage lender.

Mason Legendre, Vice President-Operations

Entering the REO business in 2001 as an Asset Manager with Olympus Asset Management, Mason Legendre is today a talented, knowledgeable and experienced veteran with extensive expertise in all aspects of REO management, marketing, sales, and closing processes. Mason's skill-sets, strong work ethic and commitment to customer service and client satisfaction have played vital roles in the growth and success of Olympus Asset Management. He is responsible for the day-to-day operations of all pre-marketing, asset management, construction/refurbishment management and closing management operations.

Mason received a Top Performer Award from Citicorp Trust Bank in 2002 earning high praise from that company's REO Manager who then said Mason was one of the most valuable vendor partners with whom he and his team had the pleasure of working.



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40 Manson Libby Road - Scarborough, ME 04074
phone: 207.885.1200 - fax: 207.883.9250 -