Sada Reddy: Opening of the business resumption site as part of the overall risk management strategy Opening speech by Mr Sada Reddy, Governor of the Reserve Bank of Fiji, at the commissioning of the Business Resumption Site, Suva, 26 August 2010. *  *  *  Distinguished guests, ladies and gentlemen, and fellow colleagues of the Reserve Bank of Fiji.
Some REO owners, including Fannie Mae and Freddie Mac, are already taking steps to minimize the disruption and displacement to renters living in foreclosed-upon properties. Vacant properties are especially problematic for communities. Ideally, lenders would identify early in the process whether or not property securing delinquent loans is occupied and, if occupied, by whom.