Press Release
Bank of America Ready to Turn Over ‘Countrywide VIP’ Documents if Majority Will Issue Subpoena PDF
WASHINGTON. D.C. – On June 2, 2009, House Committee on Oversight and Government Reform Ranking Member Darrell Issa (R-CA) sent a letter to Bank of America CEO Ken Lewis requesting documents that would shed light on Countrywide’s infamous VIP program that was used to curry favor through sweetheart mortgage deals with Federal Government officials and Members of Congress who held responsibilities related to housing policy. Bank of America acquired Countrywide in 2008.
In ...