News release: “House Oversight and Government Reform Committee Chairman Darrell Issa today released a new report following the Committees three year investigation into Countrywide Financials Friends of Angelo and VIP Program that issued discounted mortgages to influential Washington policy figures. The report finds that Countrywide used its VIP Program to aid its lobbying efforts as well as to strengthen its relationship with taxpayer backed Fannie Mae. Countrywide partnered with Fannie Mae in a strategic business alliance that also included joint lobbying efforts.”
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