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Regarding the REO Wave coming. The new law that went in about 2 weeks ago has many independent agents scratching their heads and wondering. I see that the NAR/CAR presidents had a real nice song and dance about a week ago. Regarding the out come of the REO Wave coming and overnight changes. That we would be seeing. When is it suppose to happened? I understood it was an immediate change. However, I still see the same old names on most of the REO's listing agents. And the same old 7 days to respond to all or most offers being submitted.