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Greg Toussieng

CEO at Choice Home Mortgage

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What Qualifies as an REO Property?

December 9, 2022 by Greg Toussieng Leave a Comment

Greg Toussieng REO

The term “REO” is frequently used within the industry. But what does it represent and what role does a Mortgage Broker play in the REO process? Mortgage Loan Originator (MLO) Greg Toussieng explains: What is an REO Property? An REO is a lender-owned property.  This ownership comes into effect when the homeowner defaults on their […]

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