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Home » Store » News » House Panel to Begin Probe of Countrywide’s VIP Loan Program

House Panel to Begin Probe of Countrywide’s VIP Loan Program

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Did Countrywide Financial Corp. try to curry favors from members of Congress in return for so-called VIP mortgages? That’s what Rep. Edolphus Towns, D-NY, chairman of the House Oversight and Government Reform Committee, wants to find out as he announced an investigation into Countrywide’s VIP program late last week. Towns is planning to subpoena loan records and...
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