Home About Chat Users Issues Party Candidates Polling Firms Media News Polls Calendar Key Races United States President Senate House Governors International

New User Account
"A collaborative political resource." 
Email: Password:

  Dodd Says He'll Refinance Countrywide Loans
NEWS DETAILS
Parent(s) Candidate  -
ContributorJ.R. 
Last EditedJ.R.  Feb 02, 2009 01:30pm
CategoryNews
News DateFeb 02, 2009 01:30pm
DescriptionHARTFORD - Connecticut Sen. Chris Dodd says he'll refinance two mortgages that he received through a VIP program from Countrywide Financial Corp.

Dodd told reporters in his Hartford office Monday that the mortgages for his homes in Washington and East Haddam, Conn. will be refinanced with a different company.

The chairman of the Senate Banking Committee says a third party will be involved in choosing the new bank.

Dodd has acknowledged receiving mortgages in 2003 through a VIP program at Countrywide, which was sold to Bank of America Corp. earlier this year and has been the focus of allegations that it gave favorable loan terms to lawmakers.
ArticleRead Article


DISCUSSION
Get Firefox!