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Caving to months of pressure from congressional Republicans, the chairman of the House oversight committee agreed Friday to subpoena documents from Countrywide Financial Corporation about its VIP loan program that offered special mortgages to members... Full Article at FOX News
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WASHINGTON After resisting for weeks, the chairman of the House oversight committee said on Friday that he would subpoena documents from the Countrywide Financial Corporation about its program to offer special mortgage deals to preferred customers... Full Article at The New York Times
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WASHINGTON - MARCH 07: (FILE PHOTO) Angelo Mozilo, founder and former CEO, Countrywide Financial Corporation, raises his right hand as he is sworn in during a House Oversight and Government Reform hearing on Capitol Hill March 7, 2008 in Washington DC. View Photo »
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WASHINGTON - MARCH 07: (FILE PHOTO) Angelo Mozilo, founder and former CEO, Countrywide Financial Corporation, testifies during a House Oversight and Government Reform hearing on Capitol Hill March 7, 2008 in Washington, DC. View Photo »
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WASHINGTON - MARCH 07: (FILE PHOTO) Angelo Mozilo, founder and former CEO, Countrywide Financial Corporation, raises his right hand as he is sworn in during a House Oversight and Government Reform hearing on Capitol Hill March 7, 2008 in Washington DC.
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Getty Images
WASHINGTON - MARCH 07: (FILE PHOTO) Angelo Mozilo, founder and former CEO, Countrywide Financial Corporation, testifies during a House Oversight and Government Reform hearing on Capitol Hill March 7, 2008 in Washington, DC.
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AP Photo
FILE - In this March 7, 2008 file photo, Angelo Mozilo, founder and former chief executive officer of Countrywide Financial Corporation testifies before the House Oversight and Government Reform Committee on Capitol Hill in Washington.
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AP Photo
FILE - In this June 10, 2009, file photo former Merrill Lynch Chief Executive Officer E. Stanley O'Neal, from left, John Finnegan, Chair of Management Development and Compensation Committee for Merrill Lynch, and Angelo Mozilo, founder and former chief executive officer of Countrywide...
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AP Photo
From left, former Merrill Lynch Chief Executive Officer E. Stanley O'Neal, John Finnegan, Chair of Management Development and Compensation Committee for Merrill Lynch, and Angelo Mozilo, founder and former chief executive officer of Countrywide Financial Corporation, arrive on Capitol H...
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AP Photo
Colorado Attorney General John Suthers, left, announces that Colorado has entered into a settlement with Countrywide Financial Corporation over the marketing of subprime and other high-risk mortgages products during a news conference at the Capitol in Denver on Monday, Feb. 9, 2009.
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Getty Images
WASHINGTON - MARCH 07: (FILE PHOTO) Angelo Mozilo, founder and former CEO, Countrywide Financial Corporation, testifies during a House Oversight and Government Reform hearing on Capitol Hill March 7, 2008 in Washington, DC.
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