REO

Federal Agencies Seek Ideas for Dealing with REOs 

The Federal Housing Finance Agency (FHFA), the U.S. Department of the Treasury and the Department of Housing and Urban Development (HUD) have issued a Request for Information (RFI) seeking input on the disposition of real estate owned (REO) properties held by Fannie Mae, Freddie Mac and the FHA.   The goal of the RFI is to address the current and future inventory of REO properties, while encouraging private investment in the housing market and minimizing the average loan losses. The agencies would also like to explore ideas that support rental and affordable housing needs. "While the Enterprises will continue