Can you picture a scenario in which Oreo cookies are discussed at a House Financial Services Committee hearing?
No? That’s OK. No need to imagine hypotheticals, because as it turns out, on Tuesday HUD Secretary Ben Carson name-dropped the popular Nabisco sandwich cookie on the stand. He accidentally mixed Oreo cookies up with REO, a common real estate term. Casual!
After California Congresswoman Katie Porter asked Carson to explain a disparity in REO rates, she took the time to confirm that he actually knew what REO stood for. And it’s a good thing she double checked, because Carson most certainly did not know. Read more…
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