by Calculated Risk on 2/22/2019 01:48:00 PM
Friday, February 22, 2019
Fannie and Freddie reported results for Q4 2018. Here is some information on Real Estate Owned (REOs).
Freddie Mac reported the number of REO declined to 7,100 at the end of Q4 2018 compared to 8,299 at the end of Q4 2017.
For Freddie, this is down 91% from the 74,897 peak number of REOs in Q3 2010.
Fannie Mae reported the number of REO declined to 20,156 at the end of Q4 2018 compared to 26,311 at the end of Q4 2017.
For Fannie, this is down 88% from the 166,787 peak number of REOs in Q3 2010.
Click on graph for larger image.
Here is a graph of Fannie and Freddie Real Estate Owned (REO).
REO inventory decreased in 2018, and combined inventory is down 21% year-over-year.
This is close to normal levels of REOs.