Fannie REO Inventory Increased in Q1 YoY; Expected to Increase Further in 2022
Industry Update
May 3, 2022
Source: Calculated Risk
Fannie reported results for Q1 2022. Here is some information on single-family Real Estate Owned (REOs).
Fannie Mae reported the number of REO increased to 7,430 at the end of Q1 2022 compared to 6,918 at the end of Q1 2021.
For Fannie, this is down 96% from the 166,787 peak number of REOs in Q3 2010.
For full report, please click the source link above.