Housing Secretary Can’t Tell the Difference Between a Basic Real Estate Term and a Cookie

In real estate parlance, an “REO” (abbreviation meaning “real estate owned”) is a term used in reference to properties where ownership has transferred back to a bank or lender after they have been foreclosed upon and failed to sell at auction. Granted, I only know this because Rep. Katie Porter (D-CA) succinctly explained what the… Source: http://bit.ly/2QewYwo Droolin’ Dog sniffed out this story and shared it with you. The Article Was Written/Published By: Maggie Serota ! #Headlines, #EntertainmentNews, #IdiotsAndAssholes, #MusicNews, #politics, #Spin, #Trump, #Newsfeed, #syndicated, news http://bit.ly/2JWpiOj
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