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    Back to To the Point

    To the Point

    Report Says Countrywide Loans Used to Win Favor

    Countrywide Financial, which helped create the sub-prime mortgage crisis, discounted hundreds of loans to members of Congress and officials of Fannie Mae, protecting its business and fending off regulation. That's the result of three years of investigation by a House committee chaired by Republican Darrell Issa of California.

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    By Warren Olney • May 12, 2014 • 1 min read

    Countrywide Financial, which helped create the sub-prime mortgage crisis, discounted hundreds of loans to members of Congress and officials of Fannie Mae, protecting its business and fending off regulation. That's the result of three years of investigation by a House committee chaired by Republican Darrell Issa of California. Clea Benson reports for Bloomberg News.

    The full episode

    1 of 3
    Women on the Front Lines
    1. 0:00Report Says Countrywide Loans Used to Win FavorYou’re reading this
    2. 7:21Should Women Soldiers Be Assigned to Combat?
    3. 44:41What's Still the Matter with Kansas?
    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/e23b2c8a5a7a4a05410f82a6104e445f/custom_thumbnail_large.png?h=250&fm=webp

      Warren Olney

      former KCRW broadcaster

    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/e23b2c8a5a7a4a05410f82a6104e445f/custom_thumbnail_large.png?h=250&fm=webp

      Caitlin Shamberg

      KCRW

    • KCRW placeholder

      Lata Pandya

      Assistant Producer, To the Point/Which Way, LA?

    • Sonya Geis with wavy brown hair wearing a black dress with red accents and decorative earrings against a white background.

      Sonya Geis

      Senior Managing Editor

    • KCRW placeholder

      Clea Benson

      Bloomberg News

      NewsNationalPolitics

    The full episode

    1 of 3
    Women on the Front Lines
    1. 0:00Report Says Countrywide Loans Used to Win FavorYou’re reading this
    2. 7:21Should Women Soldiers Be Assigned to Combat?
    3. 44:41What's Still the Matter with Kansas?
    Back to To the Point