Published: Wed, May 22, 2019
Global News | By Blake Casey

Oreo Mocks Ben Carson Confusion: REO Stands For 'Really Excellent Oreo'

Oreo Mocks Ben Carson Confusion: REO Stands For 'Really Excellent Oreo'

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.

Then, Carson took a shot at the answer.

Hours after the hearing ended, Carson tweeted a photo of a package of Oreos next to a note thanking Porter for participating in the hearing, with the caption: "OH, REO!".

"It pains me that your gifted hands are doing the bidding and carrying the water of what I believe to be one of the most morally bankrupt president's history", Rep. Ayanna Pressley (D-IL) told the witness.

Oreo took the tweet down shortly after reporters began to notice, though the account offered no explanation. "Do you know what an REO is?" asked the freshman congresswoman.

Carson guessed correctly that the "R" and "E" stood for "real estate.' But he thought the 'O" stook for 'e-organization'.

"So I suspect when Katy Porter was an expert in this area things were very different", he said.

Porter, D-California, had asked if Carson could explain disparities in REO rates.

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From the start of Tuesday's hearing, Carson clashed with Democratic lawmakers.

When asked by ABC News if Carson had indeed confused the foreclosed homes with a cookie, spokesman Raffi Williams responded: "Given the amount of acronyms used in Washington, when the secretary has conversations about foreclosed properties he calls them what they are: foreclosed properties".

After the hearing, Porter tweeted out video of her exchange with Carson. Enjoying a few post-hearing snacks.

Porter wanted to know why the rate of REOs issued by the Federal Housing Administration is higher than that for other government-owned real estate. "I was coming with a series of serious questions and I was hoping to get serious answers".

"I asked @SecretaryCarson about REOs - a basic term related to foreclosure - at a hearing today".

"If you read the rule carefully, you will see that it provides a six-month deferral on request, if they have not found another place to live", he said, adding that there is a renewal "for a total of 18 months, which is plenty of time for Congress to engage in comprehensive immigration reform so that this becomes a moot point".

New York Rep. Carolyn Maloney also got Carson to openly admit that he did not have a plan in place for the children living in public housing who would be at risk of being displaced.

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