PebHmong Discussion Forum
General Category => General Discussion => Topic started by: YAX on May 23, 2019, 11:16:37 AM
-
:2funny: :2funny: Viral moment!
HUD Secretary, Ben Carlson, everybody!
Katie Porter: I'd also like you go get back to me, if you don't mine, to explain the disparity in REO rates. Do you know what an REO is?
Carlson: An Oreo?
KP: No, not an Oreo, an R-E-O.
C: Real estate?
KP: What's the O stand for?
C: Organization?
KP: Owned! Real Estate Owned. That's what happens when a property goes to foreclosure.
(https://i.imgflip.com/31pof8.jpg)
----------------------------------------------
link to article and video:
https://www.cbsnews.com/news/ben-carson-oreo-at-hud-hearing-housing-secretary-ben-carson-confuses-real-estate-term-reo-with-oreo/ (https://www.cbsnews.com/news/ben-carson-oreo-at-hud-hearing-housing-secretary-ben-carson-confuses-real-estate-term-reo-with-oreo/)