Fannie "Real Estate Owned" inventory Decreased in Q1 2024
Calculated Risk
MAY 6, 2024
Fannie Mae reported the number of REOs decreased to 7,791 at the end of Q1 2024, down 5% from 8,403 at the end of the previous quarter, and down 9% year-over-year from Q1 2023. For Fannie, this is down 95% from the 166,787 peak number of REOs in Q3 2010. Here is some information on single-family Real Estate Owned (REOs).
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