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View Full Version : COUNTRYWIDE won influence with Congress through discount loans...



Rockntractor
07-05-2012, 12:13 PM
WASHINGTON (AP) 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.
ReadMore>http://news.yahoo.com/report-countrywide-won-influence-discounts-030119140.html

Ranger Rick
07-05-2012, 02:10 PM
This is old news, I thought some congress critter went to jail over this.

Rockntractor
07-05-2012, 02:19 PM
This is old news, I thought some congress critter went to jail over this.

It's a new report just posted 3 hrs ago, probably more information.