Tag - Federal Housing Authority

A lawmaker asked Carson about foreclosure properties. He thought she was talking about Oreos. – CNNPolitics

Carson responded, “Real estate …” before pausing. Porter asked, “what’s the O stand for?,” to which Carson answered, “organization.” Porter replied, “Owned, real estate owned. That’s what happens when a property goes to foreclosure, we call it an R-E-O.” I asked @SecretaryCarson about REOs – a basic term related to foreclosure – at a hearing today. He thought I was referring to a chocolate sandwich cookie. No, really. pic.twitter.com/cYekJAkRag — Rep. Katie Porter (@RepKatiePorter) The hearing comes less [...]

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