July 16, 2008...12:36 pm

Powerful Friends of Countrywide’s Mozillo Receiving Special Treatment

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1.  Christopher Dodd


U.S. senator (Democrat, Connecticut); chairman, Senate Committee on Banking, Housing, and Urban Affairs

1. May 3, 2002
Loan type: Refinance
Amount: $388,991
Rate: 7.38 percent
Property: Washington townhouse
 
2. June 16, 2003
Loan type: Refinance
Amount: $275,042
Rate: 4.5 percent
Property: Residence, East Haddam, Connecticut
V.I.P. Treatment: Three-eighths of a point waived, or $2,000; received free float-down from 4.875 percent to 4.5 percent

3. July 9, 2003
Loan type: Refinance
Amount: $506,000
Rate: 4.25 percent
Property: Washington townhouse
V.I.P. Treatment: One-fourth of a point waived, about $700; received free float-down from 4.875 percent to 4.25 percent

6.  Richard Holbrooke
Former U.S. ambassador to the United Nations

1. November 26, 2002   
Loan type: Refinance
Amount: $675,000
Rate: 5.00 percent

2. February 28, 2003
Loan type: Refinance
Amount: $1.2 million
Rate: 5.38 percent
Property: Vacation home, Telluride, Colorado
V.I.P. Treatment: At least 1.25 points ($15,000) waived, per Angelo

 





7.  William Esrey
Former chairman and C.E.O., Sprint

1. September 27, 2002
Loan type: Home-equity loan
Amount: $1.5 million
Rate: 3.75 percent
Property: Primary residence, Kansas

2. September 27, 2002
Loan type: Refinance
Amount: $748,100
Rate: 5.38 percent
Property: Primary residence, Kansas
V.I.P. Treatment: 1.25 points waived; about ($9,000)

3. September 27, 2002
Loan type: Refinance
Amount: $1,794,800
Rate: 5.75 percent
Property: Vacation home, Vail, Colorado
V.I.P. Treatment: Seven-eighths of a point waived ($15,000)

4. July 30, 2002
Loan type: Home-equity loan
Amount: $2 million
Rate: 3.75 percent
Property: Vacation home, Vail, Colorado

 





8.  Donna Shalala
Former secretary, Health and Human Services; currently president, University of Miami

1. October 7, 2002
Loan type: Refinance
Amount: $338,685
Rate: 5.13 percent
Property: Washington property
V.I.P. Treatment: Received free float-down from 5.375


2. September 27, 2002
Loan type: Purchase
Amount: $202,300
Rate: 6.00 percent
Property: Florida condo
V.I.P. Treatment: Received free float-down from 6.25; received owner-occupied status on a second residence

 





9.  Franklin Raines
Former chairman and C.E.O., Fannie Mae

1. July 31, 2003
Loan type: Refinance
Amount: $986,340
Rate: 4.13 percent
Property: Washington residence
V.I.P. Treatment: No points (one waived)

2. April 30, 2003
Loan type: Refinance
Amount: $982,253
Rate: 5.13 percent
Property: Washington residence

 





10.  Henry Cisneros
Former secretary, H.U.D. (1993 to 1997); former Countrywide director (2001 to 2007)
                
1. November 26, 2003
Loan type: Home-equity line of credit
Amount: $60,000
Rate: 6.50 percent

 


 

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