Fannie Mae Owned REO Property Search
Fannie Mae has a feature rich and easy to use REO property search. With the recent raising of the conforming loan limits, Fannie Mae has taken many loans on to its book in recent times and it shows with the number of real estate property listings. They are all residential with single family up to 2-4 unit properties. They also have condos.
At the time of this writing, they had REO listings in almost all states except New York. You can sort your searches by City, Price, Type and Zip Code.
Information About FannieMae:
Fannie Mae has a federal charter and operates in America’s secondary mortgage market to ensure that mortgage bankers and other lenders have enough funds to lend to home buyers at low rates. Our job is to help those who house America.
Fannie Mae was created in 1938, under President Franklin D. Roosevelt, at a time when millions of families could not become homeowners, or risked losing their homes, for lack of a consistent supply of mortgage funds across America.