Report: Lender buys its influence

Report: Lender buys its influence

Congress members, Fannie Mae took discounted loans
Ar 707089991
A
Susan Walsh/Associated Press file photo
Former Freddie Mac CEO Richard Syron, left, and former Fannie Mae CEO Daniel Mudd wait to testify on Capitol Hill in Washington. 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.
Ar 707089991
Reader Comments
click here to add your event
Durango ~ Events
click here to add your event
Durango ~ Events