Department of Housing and Urban Development Secretary Ben Carson had a bit of a rough day on Tuesday. Carson appeared on Capitol Hill.
· HUD Secretary Ben Carson apparently doesn’t know what an REO is HUD 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 during questioning from the committee member with the most housing knowledge, turned himself into a punchline by confusing a common housing industry term with a.
· Tara Law 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 Financial Services Committee meeting on housing on Tuesday.
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The secretary of departments often do not know the details like that, it is not even their job to, that is what the various other appointees and especially the career employees are for.. hud sec. ben Carson doesn’t know what a REO is.thinks it’s an OREO instead!, Politics and Other.
Ben Carson, Housing Secretary, Does Not Know Basic Housing Term. by basic real-estate and housing market terms, at one point seemingly believing that a. it up,” Porter pressed him on the “disparity in REO rates” for FHA mortgages.. and the title is transferred to HUD, the home is then put up for sale.
· The HUD secretary is making light of his embarrassing gaffe during a congressional hearing, where he got the stuffing knocked out of him for confusing a real estate abbreviation with an Oreo cookie. During a hearing hosted by the House Financial Services Committee, rep. katie porter, D-Calif., asked Carson “to explain the disparity in REO rates.
· Carson didn’t know the term-in fact, he tried twice to guess what the initials might stand for. Porter: Do you know what an REO is? Carson: An Oreo? Porter: No, not an Oreo. An REO.
Tara Law 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 Financial Services Committee meeting on housing on Tuesday.
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