Volume 10 - Number 11
May 27, 2011
Downloads Available: Fannie/Freddie Single-Family REO Activity: 2008-2011
Fannie, Freddie Hustle to Unload REOs
Fannie Mae and Freddie Mac are pulling out all the stops to speed along sales of their ample real estate owned inventory of homes by offering special sweeteners to buyers and sellers alike even as REO dispositions for the two GSEs reached record levels during the first three months of 2011, according to an Inside The GSEs analysis. At 218,383 units, the combined REO inventory for Fannie and Freddie decreased by 7 percent during the first quarter of 2011.
It’s the second straight quarter of declines following the record peak of 241,684 units during the third quarter 2010. Both Fannie and Freddie posted record levels of REO disposition during... [Includes one data chart]
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