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Article: Sens. Dodd, Conrad tied to special mortgage deals
- Article from:
- AP Online
- Article date:
- June 13, 2008
- Author:
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Senate Banking Committee Chairman Christopher Dodd reportedly received two mortgages under a special Countrywide Financial Corp. program that gave preferential interest rates to "friends" of the company's chairman.
A spokesman for Dodd, D-Conn., said Friday that the senator did not seek any special treatment.
"The Dodds received a competitive rate on their loans," spokesman Bryan DeAngelis said in a statement. "They did not seek or anticipate any special treatment and they were not aware of any."
The news of the loans comes as Dodd, who ran an unsuccessful campaign for the 2008 Democratic presidential nomination, is playing a high-profile ...