REO cleanup

I frequently am asked my opinion about when the REO mess will sort itself out. Being full of opinions I often give too much information - way more than the person wants or can absorb. Based on recent internet and news info it seems like we are in this for the long haul but for now I think I'll just stick to a more vague opinion "The REO mess will last quite a while" The optimistic me looks forward to Banks and the Government settling on one mode of resolution and then funding, staffing and setting procedures to achieve this. The pessimistic me knows that this is not a one solution problem and that we'll be working through this for years to come.