An REO is not"milk's favorite cookie."
But Housing and Urban Development Secretary Ben Carson thought the foreclosure-related real estate acronym, which means"real estate owned," was the cream-filled chocolate cookie when grilled by Rep. Katie Porter, D-Calif., on Tuesday during a House Financial Services Committee hearing. REO is property that's been turned over to a lender — whether that's the bank or a government agency — after a foreclosure process is complete.
Porter wanted to know about the high rate of foreclosures on homes insured by the Federal Housing Authority , which Carson's agency oversees.“REO,” Porter repeated. “No, not an Oreo. An R-E-O.”“Real estate?” Carson, a retired neurosurgeon, guessed. Then Porter to asked him what the “O” meant.Porter, who previously worked as a mortgage-settlement official in California, then explained the term to him.
“That’s what happens when a property goes to foreclosure,” she said. “We call it an REO. And FHA loans have much higher REOs — that means they go to foreclosure rather than loss-mitigation or to non-foreclosure alternatives such as short sales — than comparable loans at the GSEs .”
Has Sec. Carson ever performed brain surgery on Trump in the past?
Not his fault that she failed to enunciate correctly.
Any of these questions that she asked she could of found out by herself without embarrassing him. Everyone knows why there are so many reo’s on FHA loans ! Either they financed a too large of home with zero down or the low income buyers are poor at budgeting!
tmtuu did you see this omg
So what ass-hole
The man is literally a brain surgeon. He is smarter than everyone reading this and the person who wrote it combined.
Remember Odumbo and 'corpsmen'? Remember Odumbo and '57 states'? Yeah, STFU.
Please don’t insult one of the best surgeons America has ever had. Focus on the do nothing Congress
He keeps his oreo's behind his amway products.
Just stupid for no damn reason.
I mind is a terrible thing to waste...😰😪😥!!!
I'd day it's the Peter Principle, but that would imply he's trying to do a good job.
Only the best people.
It’s funny how Carson has been invisible in the news cycle for the most part, but as soon as he makes one mistake, the media pounces and puts a spotlight on him. Not everyone knows everything about everything. We’re human. We make mistakes in all professions.
From claytoonz
You guys forget he's one of best neurosurgeons the world ever saw. A missed word cannot be equated to intellect.. Am only left to wonder how racist you are
freudian slip referring to the amount of oreos rep porter has consumed to obtain the typical politician figure.
I can't fight this feeling any longer
Ben’s backup answer was “a pop music group also known as speedwagon?!?”
Just an embarrassment
NBC hates conservative black men. blexit
ComfortablyNumb
He was being funny. Lol
I BELIEVE HE WAS UNDER THE INFLUENCE OF SOME TYPE OF PHARMACEUTICAL SELF PRESCRIBED DRUG !!!
NaturallyStoned
That's because that's what he is, an oreo.
Just because he’s a neurosurgeon doesn’t mean he’s bright. He’s always been out of league in politics and this just keeps proving it.
So what,he played stupid 🙄this man is a neurosurgeon, do you all really think he cares what you all think 🤔Nope, I am sure we can’t even pronounce half the words he uses.
Reminder that Rick Perry is in charge of our nuclear reactors, has a BS in animal science and thought Dept. of Energy was in control of oil. Obama’s head of DOE had a Ph.D In Nuclear Physics.
“Secretary of cookies”
Do you know what BOMA is? I seriously doubt it, NBC NOTHING BUT CRAP TRASH
Making mountains out of molehills. This is not News! This is Noise!
Neurosurgeon ?
Incompetence at the highest level. The Swamp is alive with destructive incompetence.
Hey LiarsLeakersAndLiberals do you know what LEGAL IMMIGRATION is? I’ll wait... IndependenceNotDependence
We are literally paying him for nothing. He has no idea what his agency is doing, who his directors are, nor what his agency's hours be doing.
To think he ran for president, he should pay back every penny he stole, he and his staff need to resign
Original tweet now retweeted for more mileage and additional slander of a highly successful black man who stepped out of line and supports conservative principles.
It wasn't confusion he didn't understand what was asked. REO is extremely similar and you guys are making something of nothing. Where are all the people claiming racist question and condemning a black man for not hearing exactly what he was asked.
oh please NBC stop it. This is a smarter than average man, this story is a nothing . He is a renowned brain surgeon.
This is all the Democrats have. If you can’t win on ideas, you have to resort to personal attacks.
Also amway
Complete BS. Anyone could be blindsided by someone’s use of an acronym. Cheap shot.
Only the best.
Now show how stupid Honda is to be on front news desk
realDonaldTrump the swamp that you have filled is full of...Oreo’s?
This guy is as incompetent and unqualified as DeVos and they have mismanaged their agencies.
Oreo Thins Mint are the best Oreo, though.
Makes you wonder what the hell Carson actually does all day? Just sit and play at his $31k dining room table?
Porter, his buddy and a white chic in the middle? That Oreo?
You must be so proud America! This is what happens when your parents bribe the university for you to get your diploma. ❤️
he knows nothing about his job.
How did this guy ever graduate from medical school? I’m asking in all seriousness.
SecretaryCarson essentially making fun of people who are losing their homes because he is too ignorant to do his job!
If you voted for Trump you can go ahead and slap yourself again.
His dummer then a sack of nails.
Fire him!! How can this guy still have his job!
That's comforting.
Implying he should know, why should he know?
Only the best and the brightest for DJT’s cabinet, DJT can pick them, did Carson put his cookies on our $31,000.00 table to share?
HE DID NOT 'CONFUSE-A-THANG'...!!!...SMH..HE JUSSED 'DIDN'T-KNOW'...!!!...SMH...SEECH
The woman sounded like she had a gullet full of Oreos.
Something else an Oreo and Ben Carson have in common...Black on the outside white on the inside.
One of trumps best minds. SAD!
Idiot
Oooooh Such a “wiseguy”. More like Don the Con’s “Uncle Tom”
If “best people” means totally ad utterly unqualified for their position well it looks Trump was right, he “only hires the best people”... sadly Dr. Carson was appointed only to boost administration diversity and not for his incredible knowledge of housing sector
You know an Oreo, black on the outside and white in the middle! LOL
Ben Carson was not confused. He didn't know the answer. Carson is as smart as his boss Trump. They are both empty upstairs.
The press is your enemy.
This the best person Trump could find to run HUD? Damn embarrassing!!!
Doesn't he realize he's the Republican token black yet?
Just look at that dumb look on Carson's face 🤦🏾♂️🤦🏾♂️
This is why no one trusts the media.
Wtf did i just read? Also:
A Speedwagon?
Someone should slap him in the face! Wake him up kinda slap!
He wasn't a damn bit confused about 'Oreo.' He's living that Reality 24/7.
He was completely stoned...
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