The current REO market requires an expansion of services for business growth
Housing Wire
FEBRUARY 22, 2024
Tiffany Fletcher: Real Estate Owned (REO), acquired by lenders , banks, or financial institutions typically due to mortgage loan defaults, involves the strategic marketing and sale of existing properties to mitigate losses on outstanding loans. TF: Effective risk management in REO asset sales involves awareness of the intrinsic risks.
Let's personalize your content