NO REO | Freddie Mac | Fannie Mae

NO REO | Freddie Mac | Fannie Mae I was fortunate enough to attend an event last week where the focus of the room was on REO’s. A representative for Freddie Mac and Fannie Mae all but said, there is no way you’re going to really see any kind of flow of REO’s on the market. However the pundits on the panel and those in attendance only heard what they wanted to hear… that there was hope and they would be getting REO listings soon. Strangely, that wasn’t what I took away from it. The fact is simple – only 20-30% of Freddie and...

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