Rep. Katie Porter Schools Housing Secretary Ben Carson on Key Real Estate Term Real estate owned or REO is a term used in the United States to describe a class of property owned by a lender-typically a bank, government agency, or government loan insurer-after an unsuccessful sale at a foreclosure auction. In a Congressional.

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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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.

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HUD secretary Ben carson mistakes common real estate term with an Oreo cookie Brian Niemietz HUD secretary Ben Carson is making a joke about his not knowing the difference between houses seized by.

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 · Secretary of Housing and Urban Development (HUD) Ben Carson is getting mocked on social media after he failed to understand several basic terms related to his job that several Democratic Congresswomen were forced to explain to him. C-SPAN posted the videos of Tuesday’s hearing online. In the first, Secretary Carson is unaware of what REOs are.

 · Ben Carson, the secretary of housing and urban development, wanted to talk about a North Carolina company he thinks could play a role in making new apartments more affordable.

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.

Can you "explain the disparity in REO rates. Do you know what an REO is?" Rep. Katie Porter (D-Cali.) asked Department of Housing and Urban Department (HUD) Secretary Ben Carson during a hearing on

Mega mortgage servicer stocks brush off foreclosure scrutiny Showing off her curves in a pair of black skinny jeans. Last year, she reportedly came close to losing her mansion after falling $100,000 behind on mortgage repayments. She bought her eight bedroom.

Department of Housing and Urban Development Secretary Ben Carson raised. him to make sure it doesn’t happen again.” “I was willing to give Secretary Carson the benefit of the doubt, but his.

On Tuesday, Housing and Urban Development secretary Ben Carson. after a foreclosure. Carson didn’t know the term-in fact, he tried twice to guess what the initials might stand for. HUD has REO.

Housing and Urban Development Secretary Ben Carson tussled awkwardly with freshman Rep. Katie Porter (D-Calif.) at a hearing on Tuesday over hud real estate owned. “explain the disparity in REO.