reo

REO is an acronym with several common meanings in real estate, music, and automotive history. It is widely used to refer to Real Estate Owned properties, and it is the name of the American rock band REO Speedwagon. The acronym also derives from Ransom Eli Olds, the founder of the REO Motor Car Company, giving the same letters to the company and its products.

Real Estate Owned refers to foreclosed properties owned by lenders, typically banks, after unsuccessful sale at auction. Lenders take title and attempt to resell the property, usually through real estate listings. REO properties are often sold "as is" and may carry discounts relative to market values as banks seek to recover unpaid loans. Due diligence and disclosures vary by jurisdiction.

REO Speedwagon is an American rock band formed in 1967 in Illinois. The group adopted its name from the REO Speed Wagon, a vehicle built by the REO Motor Car Company, founded by Ransom Eli Olds. The band rose to prominence in the 1970s and 1980s with hits such as "Keep on Loving You" and "Can't Fight This Feeling," and remains a fixture in classic rock.

REO Motor Car Company was an American automobile manufacturer established in 1905 by Ransom E. Olds after he left the Olds Motor Vehicle Company. The company produced passenger cars and commercial vehicles, including the REO Speed Wagon model. Over time the company shifted toward trucks and licensing the REO name, remaining active for several decades before ceasing original automobile production.