Mortgage News

HUD Secretary Ben Carson apparently doesn’t know what an REO is

"Do you know what an REO is?" Porter asked. "An Oreo?" Carson replied, apparently thinking of cookies. After that exchange, Carson said he would get Porter in touch with "people who do that" (deal with foreclosed properties) at HUD, though that was something she was already somewhat of an expert, having been California’s independent monitor of banks in a nationwide $25 billion.

Rep. Katie Porter Schools Housing Secretary Ben Carson on Key Real Estate Term Housing and Urban Development Secretary Ben Carson didn’t seem to know what a congresswoman was talking about when she asked a question related to foreclosures during a congressional hearing on Tuesday. Instead, Carson apparently thought she was talking about Oreo cookies. Speaking at a House.

hud secretary ben carson apparently doesn’t know what an REO is Under questioning from Rep. Katie Porter, Carson confuses REO with Oreo

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Department of Housing and Urban Development Secretary Ben Carson had a bit of a rough day on Tuesday. Carson appeared on Capitol Hill to testify before the House Financial Services Committee, and.

Housing and Urban Development Secretary Ben Carson didn’t seem to know what a congresswoman was. When the property doesn’t sell at auction, it becomes real estate owned (REO.) Carson, a retired.

Ben Carson was asked Tuesday during a hearing about the acronym ‘real estate owned,’ which applies to certain foreclosed properties HUD Secretary Slammed For Confusing REO With Oreo Cookies

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Ben Carson Confuses a Cookie for a Real-Estate Term the HUD Secretary Should Know.. that Carson doesn’t know what he’s doing. Porter asked Carson about real-estate-owned homes – known as.

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Video: Ben Carson Doesn’t Know What an REO Property Is, Thinks He’s Being Asked About oreos.. (hud) secretary ben carson was caught out during a hearing Tuesday, appearing not to know the.

Trump got to know him personally during the campaign. It doesn’t matter if the head of an organization knows common lingos in real estate. What’s needed from top level execs are vision and management and so far Carson has reformed HUD to be less bureaucratic and more effective, something the Left/Democrats know nothing about.

The internet pounced after Housing and Urban Development Secretary Ben Carson mixed up a common real estate term with an Oreo cookie. HUD Secretary Ben Carson Was Asked About a Common Term Related.