Ben Carson “Oreo”? At HUD hearing, Housing Secretary Ben Carson confuses real estate term “REO” with “Oreo”

Housing and urban development secretary ben carson testifies at a House. hearing earlier Tuesday, at which Mr. Carson seemed confused by a Democratic lawmaker's use of the term “REO foreclosure,” the acronym meaning “real estate owned.. The HUD secretary displayed his own sense of humor.

During a hearing before the house financial services Committee on Tuesday, Carson was asked a question by Rep. The term was something Porter found herself having to explain, though, telling Carson, "that’s what happens when a property goes to foreclosure: we call it an REO."

 · Secretary Ben Carson could not come up with a definition for the real estate foreclosure term, REO, instead confusing it with Oreo cookies.. hearing Tuesday morning. Housing and Urban.

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In a tense appearance before the House Financial Services Committee, Carson confused "an REO" for "an Oreo" when congresswoman katie porter grilled the HUD secretary on the questionable Ben Carson Confuses a Cookie for a Real-Estate Term the HUD Secretary Should Know. By Matt Stieb.

Housing and Urban Development Secretary Ben Carson could not come up with a definition for the common real estate foreclosure term, REO, instead confusing it with the tastier alternative, Oreo cookies.

Housing and Urban Development Secretary Ben Carson became confused during a House Financial Services Committee oversight hearing on Tuesday, hearing a question about ‘REO’ mortgage foreclosures and thinking he heard ‘Oreos’ instead.

Housing and Urban Development Secretary Ben Carson appeared before the House Financial Services Committee Tuesday for an oversight hearing, during which he confused the housing term "REO," or real estate owned property, with the baked goods term "Oreo."

During a congressional hearing Tuesday, Housing and Urban Development Secretary Ben Carson seemed unfamiliar with the term "REO" or "real estate owned," referring to foreclosed properties returned to the lender. "An Oreo?" he asked.

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Housing and Urban Development Secretary Ben Carson testifies at a House. with a package of Oreo cookies after a rocky congressional hearing at. 'REO,' a common term in foreclosures that stands for 'real estate owned' by a lender.. Carson also confused OMWI, a HUD office that promotes women.