He accidentally mixed Oreo cookies up with REO, a common real estate term. After california congresswoman katie porter asked Carson to explain a disparity in REO rates, she took the time to confirm that he actually knew what REO stood for.
Housing Secretary Ben Carson exchange with House Democrat Katie Porter in which he appeared to mix up the common foreclosure term "REO" with Oreo. and responded: "An Oreo?" "No, not an Oreo,".
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During a congressional hearing Tuesday, Housing and Urban Development Secretary Ben Carson seemed unfamiliar with the term "REO" or "real estate owned," referring to foreclosed properties returned to the lender. "An Oreo?" he asked.
The Trump administration’s Housing and Urban Development Secretary was testifying at a House Financial Services Committee oversight hearing in Washington on Tuesday, and confused ‘REO,’ meaning HUD real estate owned, with ‘OREO,’ the delicious sandwich cookie that has two chocolate.
Housing and Urban Development secretary Ben Carson doesn’t seem to know basic facts about The rest of the hearing didn’t go any better for Carson. At one point, California Democrat Katie HUD has REO properties for sale across the country, and even has a massive database of the homes that.
Housing and Urban Development (HUD) Secretary Ben Carson. for “real estate owned,” which refers to foreclosed homes owned by real estate brokers or banks rather than by real people. “Do you know.
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Secretary Ben Carson appeared before Congress for an oversight hearing of the Department of Housing and Urban Development and stumbled a bit when Rep. Katie Porter (D-CA) asked about REOs. As noted on.
REO. Carson took a wild guess and said, "Real estate" and stopped. The Congresswoman then asked him, "What does the "O" mean? While touring a transitional housing facility for the homeless, he admonished the staff for providing a TV and making it too homey because then the residents would.
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Department of Housing and Urban Development Secretary Ben Carson had a bit of a rough day on Tuesday. Under questioning from Rep. Katie Porter, Carson confuses REO with oreo. porter asked carson about the disparity between the REO rates of the Federal Housing Administration and.