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us census: U.S. Home Buyers – Can We Talk? - 10/22/08 06:11 PM
Federal Housing Finance Agency Mortgage Metrics Report was released today, including the Real Estate Owned (REO) Acquisitions.  During first quarter 2008, REO acquisitions averaged 10,054 per month with 5,406 classified as prime and 4,648 classified as nonprime mortgage properties. Sounds pretty horrible, doesn't it?
Do the numbers released today by the Federal Housing Finance Agency (FHFA) in this report, the agency that is the conservator of Fannie Mae and Freddie Mac operations, reflect what you are seeing/hearing in the news? This report shows in 1st half of 2008, more of the homes these enterprises received back through foreclosure proceedings were due … (4 comments)

 
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Karen Pierce Cooper

Medford, OR

More about me…

Karen Pierce Cooper| Housing Counselor |Oregon

Address: PO Box 4126, NMLS#223305 , Medford, OR, 97501

Office Phone: (541) 779-6691

Email Me

Bringing 28 years of experience providing Southern Oregon and California Home Buyers and Homeowners | Serving all of Jackson County Oregon including Ashland- Talent- Phoenix- Medford-Jacksonville- Ruch- Central Point- White City- Eagle Point- Shady Cove- Gold Hill, as well as Josephine County including Grants Pass- Merlin- Wilderville | Helping Southern Oregonians on the road to fulfilling the American Dream of Homeownership - and staying there!

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