Freddie Mac is chartered by Congress and does not actually lend money. Instead,
Freddie Mac buys mortgages from various mortgage lenders, sets lending criteria and
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The mortgage foreclosure process creates three sets of real estate investment
opportunities: the "Default/Pre-Foreclosure" phase, the "Auction/Sale" phase and the
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Investing in foreclosure homes for resale is not that different from investing in
foreclosure homes for rental income. Many of the same rules apply and many
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REO is an acronym for "Real Estate Owned," which indicates that the home has been foreclosed
upon and is currently on the market or soon will be. The foreclosure homes found
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