REAL ESTATE OWNED
real estate owned.Property acquired by a lender, usu. through foreclosure, in satisfaction of a
debt. — Abbr. REO. [Cases: Mortgages 534. C.J.S. Mortgages § 897.] [Blacks Law 8th]
real estate owned.Property acquired by a lender, usu. through foreclosure, in satisfaction of a
debt. — Abbr. REO. [Cases: Mortgages 534. C.J.S. Mortgages § 897.] [Blacks Law 8th]