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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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.
source