OREO: A Racist Insult. A person that is Black on the Outside but White on the Inside. A Classic Example is Ben Carson. He's the HUD Secretary even though he knows nothing about Housing or Urban Development.

He Does What He's Told To Do! He is GREAT at Evicting Children... 

HUD Secretary Ben Carson mixes up a real estate term and Oreo sandwich cookies... 

An REO, or “real estate owned,” refers to a kind of property owned by a lender, like a bank, after a foreclosure. An Oreo is a kind of delicious sandwich cookie.

In a House Financial Services Committee hearing on Tuesday morning, Secretary of Housing and Urban Development Ben Carson mixed the two terms up.

Rep. Katie Porter, D-Calif., was attempting to ask Secretary Carson about disparities in REO rates. According to Porter, Federal Housing Administration loans have far more properties that become real estate owned, than other loans from Fannie Mae or Freddie Mac.

“I would also like to ask you to get back to me, if you don’t mind, to explain the disparity in REO rates. Do you know what an REO is?” asked the congresswoman.

“An Oreo…” replied Carson.  

“R, no not an Oreo. An R-E-O.” shot back Porter.  

“Real estate?” asked Carson.

“What’s the O stand for?” said Porter.

“E-organization?” asked Carson.  

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) May 21, 2019
https://www.usatoday.com/story/news/politics/2019/05/21/ben-carson-real-estate-term-oreo-cookies/3755393002/

https://www.cnn.com/2019/05/22/politics/donald-trump-ben-carson-oreo-hud/index.html