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

For anyone who wasn’t watching C-Span on Tuesday, Trump’s nominee for the position of HUD secretary, Ben Carson, proved to the country that he is no longer pretending to be the slightest bit qualified for his job. When Rep. Katie Porter (D-CA) asked Carson about the disparity in REO rates, or why the FHA has [.]

Ben Carson HUD Secretary didn’t know basic housing term REO, mistook it for OREO cookies

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Cabinet members including dr. ben carson, the newly minted hud secretary and Transportation Secretary Elaine Chao). She expressed regret at Trump’s absence, saying he’s a "busy man" with many things.

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14 hours ago · Department of Housing and Urban Development (HUD) Secretary Ben Carson was caught out during a hearing Tuesday, appearing not to know the meaning of a basic housing term related to foreclosure and.

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"Real estate owned – that’s what happens when a property goes into foreclosure, we call it an REO, and FHA loans have much higher REOs, that is, they go into foreclosure rather than into loss mitigation or to non-foreclosure alternatives like short sales, than comparable loans" at Fannie Mae and Freddie Mac, Porter explained, as if.

Housing Secretary Ben Carson Was Asked About REOs’.. I blame Ben Carson as he doesn’t know what the fuck is going on.. After being chastised about “real estate owned” properties.

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.

HUD Secretary Ben Carson gets confused on REO question thinking it was a Cookie Posted by MrLSU on 5/21/19 at 5:06 pm 14 5 Washington Examiner Housing and Urban Development Secretary Ben Carson on Tuesday confused an acronym used to describe foreclosed-on property with a sweet snack.