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REO vs. Foreclosure An REO (Real Estate Owned) is a property that goes back to the mortgage company after an unsuccessful foreclosure auction. You see, most foreclosure auctions do not even result in bids. After all, if there was enough equity in the property to satisfy the loan, the owner would have probably sold the property and paid off the bank.
PEO: Peace Enforcement Operation (includes peace keeping operations) PEO: Polar Earth Orbit: PEO: Plant Equipment Operator: PEO: Physical Education Officer (UK) PEO: Program Executive Office/Officer: PEO: Project Executive Office/Officer: PEO: Program Enrichment Office: PEO: Personnel Executive Officer: PEO: Pentagon Engineering Office/Officer: PEO: Program Evaluation Office/Officer