HUD secretary ben carson apparently doesn’t know what an REO is | 2019-07-01 By admin 5 hours ago Carson appeared on Capitol Hill to testify before the House Financial Services Committee, and during questioning from the committee member with the most housing knowledge, turned himself into a punchline by confusing a common housing industry term with a cookie.
Congresswoman Gets HUD Chief Ben Carson to Admit He Doesn't Know Basic Housing Terms. Freshman Representative Katie Porter (D-California) asked Secretary Carson about REO rate disparities.. Carson, apparently mishearing the congresswoman, thought the question was about the Nabisco.
Fed economist pushes homebuyer down payment subsidy April’s depreciating home prices could signal the market reached its peak Are servicers finally off the CFPB’s hit list? MBA said that it appreciates CFPB’s efforts to create reasonable national standards for mortgage servicing but stressed the importance of paying attention to cost/benefit change and being mindful.WELCOME TO REGLIST!. April’s depreciating home prices could signal the market reached its peak Read More. mba: mortgage applications rise again, but how long will this growth last?. Mortgage prepayments rise and delinquencies fall in April, Black Knight says Read More. · The subsidy will increase the demand for mortgages, but not necessarily increase the overall demand for homes. A homebuyer has a fixed monthly cash flow to divide among taxes, home-related payments (including mortgage interest), other spending and savings.
Ben Carson was asked Tuesday during a hearing about the acronym ‘real estate owned,’ which applies to certain foreclosed properties hud secretary Slammed For Confusing REO With Oreo Cookies
· HUD Secretary Ben Carson apparently doesn’t know what an REO is May 21, 2019 / in Uncategorized / by Lindsay HUD Secretary Ben Carson had a bit of a rough day on Wednesday.
Housing secretary Dr. Ben Carson testified before congress yesterday and left people wondering if he actually knew what the — his job is. Take a look. Do you know what an reo is. Oreo? Not an oreo. An reo, reo. Real estate. What’s the O stand for? Real estate owned. That’s when a.
On Tuesday, Housing and Urban Development (HUD) Secretary Ben Carson testified before Rep. Maxine Waters’s (D-CA) Financial Services Committee for the first time since Waters became the chair in.
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Every day I wonder if I’ve woken up in a bad Chevy Chase movie. I know, I know. "Bad Chevy Chase movie" is redundant. But the script today couldn’t have been more ludicrous. Rep. Katie Porter (D-CA) had the misfortune of having to interact with HUD Secretary and sentient puddle of slug waste, Ben Carson during a hearing today.
Under the federal budget proposed by Trump in 2017, HUD’s budget for fiscal year 2018 would be cut by $6.2 billion (13%) and the Community development block grant, a program which Carson praised in a trip to Detroit as HUD secretary, would be eliminated. Carson.
The exchange occurred during a hearing where Ben Carson was defending a budget proposal cut that would affect Housing and Urban Development’s budget.