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.

BING NEWS:
  • Countrywide's VIP Program Problem
    Countrywide Financial Corporation, which was acquired by Bank of America Corporation (BAC - Free 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 ...
    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
  • Comp Updates from Wells, GMAC
    They've barely cleaned up the confetti from the Super Bowl parade, and already baseball's spring training is upon us. Here is something non-mortgage related, but a must-see for any baseball fan wanting to see how a baseball is manufactured. And now ...
    02/16/2011 - 8:01 pm | View Link
  • Darrell Issa Goes After Countrywide's VIP Program. Gee, I Wonder Why?
    Oh, look. Rep. Darrell Issa's going after Chris Dodd and Kent Conrad: WASHINGTON. D.C. – In December of 2008, House Committee on Oversight and Government Reform Chairman Darrell Issa (R-CA), then the Committee’s Ranking Member, launched an ...
    02/16/2011 - 11:00 am | View Link
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