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  2. REO to Rental: Fannie Mae Dips Further Into Foreclosure Pool

    www.aol.com/news/2012-03-01-reo-to-rental-fannie...

    Fannie Mae waded further into the foreclosure pool on Monday as it released new details on its plan to sell its repossessed homes as rental properties. The pilot program, first announced in August ...

  3. Bank-owned properties: What are they and where can I ... - AOL

    www.aol.com/finance/bank-owned-properties-where...

    Bank-owned properties may also be referred to as real estate owned or REO homes, REO properties or simply REO. You might see a property listed with details like REO foreclosure, meaning a ...

  4. Real estate owned - Wikipedia

    en.wikipedia.org/wiki/Real_estate_owned

    Real estate owned, or REO, is a term used in the United States to describe a class of property owned by a lender—typically a bank, government agency, or government loan insurer—after an unsuccessful sale at a foreclosure auction. [1]

  5. What Is an REO? - AOL

    www.aol.com/news/2013-03-15-reo-bank-owned-home.html

    Bulk REO is when a lender has so many repossessed properties that it decides to sell them in bulk to investors. The government-sponsored agencies, Fannie Mae and Freddie Mac, as well as the FHA ...

  6. Loan modification in the United States - Wikipedia

    en.wikipedia.org/wiki/Loan_modification_in_the...

    In the task at hand to make headway against foreclosures and the depressed housing market. Fannie Mae and Freddie Mac entered a new phase on December 9, 2008 for a fast-track program meant to make "hundreds of thousands of mortgages affordable to people who can't currently meet their monthly payments." [16]

  7. Real estate mortgage investment conduit - Wikipedia

    en.wikipedia.org/wiki/Real_estate_mortgage...

    The foreclosure income that is taxable is the same as that for a real estate investment trust (REIT) and may include rents contingent on making a profit, rents paid by a related party, rents from property to which the REMIC offers atypical services, and income from foreclosed property when the REMIC serves as dealer. [36]

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