Loans digger

I took the Dodd challenge, and the senator won’t like the result. Several days after news broke last month that Sen. Christopher J. Dodd and his wife received significantly reduced interest rates on more than $800,000 in mortgages from Countrywide Financial, Dodd taunted reporters to look at the rates. He claimed he got a deal […]

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The Federal Deposit Insurance Corp, a regulator of U.S. banks, is itself embroiled in a mess related to subprime mortgages, the Wall Street Journal said on Monday, citing court documents.
The U.S. government gave out high-interest, subprime mortgages, according to government documents filed in federal court, the newspaper said.
The Journal said federal officials seized Superior Bank […]

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