Countrywide Gave Loans To Gain Favor With Congress, Report Says

The former Countrywide Financial Corp. — whose subprime loans helped start the nation's foreclosure crisis — made hundreds of discount loans to buy influence with members of Congress, congressional staff, top government officials and executives of troubled mortgage giant Fannie Mae, according to a House report obtained by The Associated Press.

Topics:  countrywide financial   corp   congress   fannie mae   house   the associated   press   loans   report   

 

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