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Q3 Update: Delinquencies, Foreclosures and REO
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Q3 Update: Delinquencies, Foreclosures and REO

REO: lender Real Estate Owned

CalculatedRisk by Bill McBride's avatar
CalculatedRisk by Bill McBride
Dec 06, 2022
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CalculatedRisk Newsletter
CalculatedRisk Newsletter
Q3 Update: Delinquencies, Foreclosures and REO
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Last year, I pointed out that with the end of the foreclosure moratoriums, combined with the expiration of a large number of forbearance plans, we would see an increase in REOs in late 2022 and into 2023. However, this would NOT lead to a surge in foreclosures and significantly impact house prices (as happened following the housing bubble) since lendin…

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