Sunday, February 16, 2020

Fannie and Freddie: REO inventory declined in Q4, Down 17% Year-over-year

by Calculated Risk on 2/16/2020 11:57:00 AM

Fannie and Freddie earlier reported results last week for Q4 2019. Here is some information on Real Estate Owned (REOs).

Freddie Mac reported the number of REO declined to 4,989 at the end of Q4 2019 compared to 7,100 at the end of Q4 2018.

For Freddie, this is down 93% from the 74,897 peak number of REOs in Q3 2010.

Fannie Mae reported the number of REO declined to 17,501 at the end of Q4 2019 compared to 20,156 at the end of Q4 2018.

For Fannie, this is down 90% from the 166,787 peak number of REOs in Q3 2010.

Fannie and Freddie REO Click on graph for larger image.

Here is a graph of Fannie and Freddie Real Estate Owned (REO).

REO inventory decreased in Q4 2019, and combined inventory is down 17% year-over-year.

This is close to normal levels of REOs.