Fannie REO Inventory Increased in Q4; Expected to Increase Further in 2023
Industry Update
February 20, 2023
Source: Calculated Risk
Fannie reported results for Q4 2022. Here is some information on single-family Real Estate Owned (REOs).
One of those actions was a foreclosure moratorium that ended in mid-2021. Since then, foreclosures have increased slightly.
Fannie Mae reported the number of REOs increased to 8,779 at the end of Q4 2022, up 23% from 7,166 at the end of Q4 2021. For Fannie, this is down 95% from the 166,787 peak number of REOs in Q3 2010.
For full report, please click the source link above.