Founded in 1997, RMAI is headquartered in Sacramento, CA. RMAi is the nonprofit trade association that represents more than 600 companies that support the purchase, sale, and collection of performing and nonperforming receivables on the secondary market. RMAI member companies work in a variety of financial services fields, including debt buying, collection agencies, law firms, originating creditors, and industry-related product and service providers. RMAI provides its members with extensive networking, educational, and business development opportunities in asset classes that span numerous industries. The association publishes a bi-annual magazine and monthly newsletter, provides educational and networking opportunities at major forums, events and conferences, represents the membership before federal and state policymakers, and supports the industry where appropriate in appellate cases.