by Calculated Risk on 3/07/2014 04:53:00 PM

Note: The FHA has stopped releasing REO inventory on a monthly basis. I was able to obtain data for February as show on the graph below.

I'm still trying to get Quarter ending data from the FHA.

In their Q4 SEC filing, Fannie reported their Real Estate Owned (REO) increased to 103,229 single family properties, up from 100,941 at the end of Q3.

Freddie reported their REO increased to 47,308 in Q4, up from 44,623 at the end of Q3.

The FHA reported their REO decreased to 25,306 in February 2014, down from 32,226 in October 2013.

The combined Real Estate Owned (REO) for Fannie, Freddie and the FHA decreased to 175,843, down from 180,286 at the end of Q3 2013 (note: FHA data is not for Quarter end). The peak for the combined REO of the F's was 295,307 in Q4 2010.

This following graph shows the REO inventory for Fannie, Freddie and the FHA.

Click on graph for larger image.

This is only a portion of the total REO. There is also REO for private-label MBS, FDIC-insured institutions (declined in Q4), VA and more. REO has been declining for those categories.

REO for Fannie and Freddie has increased a little over the last two quarters and is still elevated, but REO for the FHA is apparently back to normal levels.