Post by lairezippert on Oct 15, 2019 21:44:32 GMT 4
"OREO" or "other real estate owned" is real estate, including capitalized and operating leases, that is
• acquired through any means in full or partial satisfaction of a debt previously contracted.
• a former banking facility including a property that was acquired for future expansion but for which banking use is no longer contemplated.
• acquired through any means in full or partial satisfaction of a debt previously contracted.
• a former banking facility including a property that was acquired for future expansion but for which banking use is no longer contemplated.