Tuesday, 21 May 2019

HUD Secretary Ben Carson confuses REO with Oreos in congressional hearing

Milk’s Favorite Cookie, better known as Oreo, took center stage in a congressional hearing Tuesday morning. Housing and Urban Development Secretary Ben Carson could not come up with a definition for the common real estate foreclosure term, REO, instead confusing it with the tastier alternative, Oreo cookies. REOs, Rep. Katie Porter pointed out, is an abbreviation for “real estate owned.” The California Democrat was attempting to ask Carson about the difference in REO rates between […]



source https://therealdeal.com/national/2019/05/21/hud-secretary-ben-carson-confuses-reo-with-oreos-in-congressional-hearing/#new_tab

No comments:

Post a Comment