Posts tagged as:

kent conrad

GOP: Probe Countrywide’s Sweetheart Mortgages

by Moe Bedard

House Republicans want the House Ethics Committee to investigate whether House members and aides received sweetheart deals on their home mortgages.

 
According to The Hill, Reps. Darrell Issa, R-Calif., and Mark Souder, R-Ind., told the Committee in a letter that the “serious and broad allegation that members of Congress, congressional staff, and other officials were given [...]

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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 [...]

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Senators Caught in Mortgage Fallout

by Moe Bedard

When Senator Kent Conrad of North Dakota wanted a mortgage for his beach house, he turned to a Washington insider. James A. Johnson, former head of Fannie Mae, the government mortgage giant, who then put the senator in touch with Angelo Mozilo, chief executive of the mortgage lender Countrywide Financial.

The ensuing telephone call between Mr. [...]

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