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

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Amazing: Watch as a well qualified congresswoman, @RepKatiePorter, has to explain to Trump’s clueless HUD Secretary Ben Carson what his own agency does & how it’s failing. When she mentioned REOs.

Housing and Urban Development Secretary Ben Carson testifies at a House Financial Services Committee oversight hearing on Capitol Hill in Washington, Tuesday, May 21, 2019. Andrew Harnik / AP After being humiliated in front of the House Oversight Committee and the American people for not knowing a basic housing finance term last week, U.S. Secretary of Housing and Urban Development (HUD) Ben Carson bought cookies .

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HUD Secretary Ben Carson apparently doesn’t know what an REO is | 2019-07-01 By admin 3 weeks ago Carson appeared on Capitol Hill to testify before the House Financial Services Committee, and during questioning from the committee member with the most housing knowledge, turned himself into a punchline by confusing a common housing industry.

 · Carson has been the secretary of HUD for more than two years and apparently doesn’t know what REO means. “No, not an Oreo,” Porter replied to Carson’s cookie query. “An R-E-O. REO.” Carson then offered up: “Real estate.?” getting the first two letters of the acronym correct.

Housing and Urban Development (HUD) Secretary Ben Carson, who became nationally prominent. brokers or banks rather than by real people. “Do you know what an REO is?” “An Oreo?” Carson asked. “No,

On Tuesday, Housing and Urban Development (HUD) Secretary Ben Carson testified before Rep. Maxine Waters’s (D-CA) Financial Services Committee for the first time since Waters became the chair in.

HUD Secretary Ben Carson Was Asked About Common Term Related To Foreclosure: He Heard 'Oreos' | TIME An REO is not "milk’s favorite cookie." But Housing and Urban Development Secretary Ben Carson thought. Porter wanted to know about the high rate of foreclosures on homes insured by the Federal.

Two years on the jobs hasn't improved the HUD Secretary's basic. foreclosure at HUD by askingCarson, “Do you know what an R.E.O. is. Except in this case the answer was apparently No, if you can believe it, I literally have no clue. that doesn't reflect Carson's deep understanding of federal housing.

 · 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.

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