There is a website disclosing this bank and some important political people who got mortgage benefits from this bank. The website is friends of C....What bank was involved in the recent mortgage problem?
You're thinking of Countrywide Mortgage. The head of Countrywide is Angelo Mozillo and the ';VIP'; loans were referred to as ';Friends of Angelo'; loans.
Countrywide is now owned by Bank of America but I think these VIP loans were all prior to the acquisition.What bank was involved in the recent mortgage problem?
Are you talking about Bear Stearns or Countrywide?
Not that it hasn't affected a LOT of financial institutions.
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