OREO

ORE, OREO: Other Real Estate; Other Real Estate Owned
Abbreviations for Other Real Estate or Other Real Estate Owned, generally referring to foreclosed property held by lending institutions and shown in an account of a bank or savings and loan association that includes property other than real estate used for bank operations.
Other Real Estate Owned (OREO): Definition, Mechanism, and Implications
A comprehensive guide to Other Real Estate Owned (OREO), including its definition, operational mechanisms, financial implications, and key considerations for banks and investors.

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