http://politicalticker.blogs.cnn.com/2008/06/17/dodd-i-received-no-special-deals-from-countrywide/Dodd: I received no special deals from Countrywide
Posted: 02:30 PM ET
WASHINGTON (CNN) — Sen. Chris Dodd, D-Connecticut, said Tuesday he received no special sweetheart deals from embattled mortgage lender Countrywide Financial Corp.
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Dodd said he received a five-year adjustable rate mortgage at 4.25 percent for his home on Capitol Hill; a 10-year adjustable rate mortgage at 4.5 percent for his home in Connecticut.
He said that like millions of other Americans, he was shopping around for the best mortgage refinancing deal.
“At no point did anyone ever suggest to me that we were going to get some deal out of Countrywide. I never spoke to anybody except loan officers … never any higher-ups or any senior people within Countrywide,” Dodd said.
“If anyone had ever suggested to me that somehow I was going to get preferential treatment because I was a United States senator, that would have ended the relationship immediately. Terminated. Immediately … never do business with that organization again.”
Dodd said he would fully cooperate with any investigation.