Reply #3: In 2003, Chris Dodd received two mortgage loans from Countrywide with very

[OmmmSweetOmmm]

favorable rates, over the life of the loans, saves Dodd $75,000.

http://tpmmuckraker.talkingpointsmemo.com/2008/06/post_6.php

Dodd Thought "VIP" Status was "Just A Courtesy"
By Andrew Tilghman - June 18, 2008, 12:39PM

Senators Chris Dodd (D-CT) and Kent Conrad (D-ND) are still fending off questions about special-rate loans they received from Countrywide Financial.

Countrywide's been at the center of the mortgage meltdown, and the GOP is cranking up the pressure on the two Democratic lawmakers.

Dodd told reporters yesterday that a loan officer specifically told him and his wife they were getting "VIP" consideration in 2003 when they took out two loans on their Connecticut home and Capitol Hill townhouse.

But Dodd said he didn't think to ask precisely what that meant. Even though he is chairman of the Senate Banking Committee, which oversees the mortgage industry, Dodd said he "assumed" that "it was more of a courtesy thing."

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