Fannie, Freddie, FHA combined REO Inventory at Record Level

The combined REO (Real Estate Owned) inventory for Fannie, Freddie and the FHA increased to a record 295,307 units at the end of Q4, although REO inventory decreased slightly for both Fannie Mae and Freddie Mac in Q4 (compared to Q3). The REO inventory increased 71% compared to Q4 2009 (year-over-year comparison).

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Fannie Mae Reports Fourth-Quarter and Full-Year 2010 Results