Countrywide's Vip Loans

Countrywide Financial, once the nation's largest mortgage lender, bought influence on Capitol Hill by issuing hundreds of sweetheart loans for members of Congress, their staffs and other government employees, according to a report issued by the House of Representatives Thursday.

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BING NEWS:
  • Katherine Mangu-Ward Talks Countrywide's VIP Treatment for Congressmen on CNBC's Closing Bell
    Reason Managing Editor Katherine Mangu-Ward discusses the congressional Countrywide loan scandal on CNBC's Closing Bell with Maria Bartiromo. Air Date: August 15, 2012. About 3 minutes. Scroll down for downloadable versions and subscribe to Reason.tv's ...
    08/15/2012 - 10:23 am | View Link
  • Countrywide's VIP Program Problem
    Countrywide Financial Corporation, which was acquired by Bank of America Corporation (BAC - Analyst Report) , has been accused of influencing key members of Congress to earn favors by providing them with discounted loans. This followed an intensive ...
    07/9/2012 - 2:50 am | View Link
  • Countrywide's Fraudulent VIP Program
    Beleaguered Countrywide Financial Corporation, which was acquired by Bank of America Corporation (BAC), has been accused of influencing key members of the Congress to earn favors by providing them with discounted loans. Following an intensive investigation ...
    07/9/2012 - 2:45 am | View Link
  • Countrywide's Fraudulent VIP Program
    Beleaguered Countrywide Financial Corporation, which was acquired by Bank of America Corporation ( BAC), has been accused of influencing key members of the Congress to earn favors by providing them with discounted loans. Following an intensive ...
    07/8/2012 - 11:45 pm | View Link
  • Congress Issues Subpoena For Info On Countrywide's VIP Mortgage Program
    Let’s look back to the summer of 2008, when it was revealed that Angelo Mozilo, the curiously orange former CEO of Countrywide, had the company offer below-market “VIP” mortgages to certain politicians and other influence peddlers. Fast forward to ...
    02/17/2011 - 10:18 am | View Link
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  • Bank of America Home Loans
    Bank of America Home Loans is the mortgage unit of Bank of America. In 2008, Bank of America purchased the failing Countrywide Financial for $4.1 billion.
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