Can you 'explain the disparity in REO rates. Do you know what an REO is?' Rep. Katie Porter (D-Cali.) asked Department of Housing and Urban Department (HUD) Secretary Ben Carson during a hearing on Tuesday. 'An Oreo?' Carson responded.
After Department of Housing and Urban Development Secretary Ben Carson confused a basic housing acronym related to foreclosure with an Oreo cookie during a hearing Tuesday, the chocolate sandwich cookie jokingly weighed in on the term.
Several hours after the incident, which immediately went viral, the Oreo Cookie official Twitter page, run by the snack manufacturing company Mondelez International, weighed in on the REO acronym definition, apparently in jest. Porter also took to Twitter to mock Carson for failing to understand a “basic term related to foreclosure.”"I asked @SecretaryCarson about REOs - a basic term related to foreclosure - at a hearing today," the Democrat tweeted after the exchange,"He thought I was referring to a chocolate sandwich cookie. No, really."
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Dr. Ben CarsonSecretary Of Housing And Urban Development
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