Freddie Mac Releases Second Quarter 2008 Financial Results CNNMoney.com (press release) - Credit-related expenses, consisting of provision for credit losses and REO operations expense, were $2.8 billion for the second quarter of 2008, ... |
Forethought on foreclosures: Business Lexington, KY - REO (Real Estate Owned) means the property is owned by the lender. Banks then try to sell the REO properties on the open market, usually through a real ... |
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