Posts tagged as:

christopher dodd mortgage scandal

Phone Calls Add to Din Over Loans

by Moe Bedard

Congressional Investigators Ask for More on Countrywide VIP Mortgage Program
The discovery that Countrywide Financial Corp. recorded phone conversations with borrowers in a controversial mortgage program that included public officials — and that those recordings have been destroyed — has prompted new congressional calls for more information about the program.

Rep. Darrell Issa of California, the ranking [...]

0 comments Read the full article →

Criminal Investigation of Angelo Mozilo Continues

by Moe Bedard

Below is a video by NBC that covers the investigation of Countrywide and their former CEO, Angelo Mozilo.

In the video they interview one of Mozilo’s right hand men, Robert Fienberg, who was in charge of the secret “FOA” (Friends of Angelo) program. Yes, there was a designated executive that handled these special deals and in [...]

0 comments Read the full article →

Mortgage Cancer – Senators, CEO’s and Celebrities, No One is Immune

by Moe Bedard

It appears that the mortgage cancer is starting to really show it’s true reach, and it’s spreading to every continent and almost every human on earth. From America to Ireland and to Japan, the tumors have spread and no one knows just how bad it’s going to get.
 
Screw global warming! It looks like this mortgage cancer may [...]

36 comments Read the full article →