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Sen. Chris Dodd (D-Conn.) said he and his wife knew Countrywide Inc. was treating them as "VIP" customers when they refinanced mortgages on two homes in 2003, but it didn't cross his mind he was getting a financial perk from the sub-prime lender.
Dodd, who as chairman of the Senate Banking Committee oversees mortgage lenders, said he did not ask and Countrywide's representatives did not say what the VIP treatment entailed.
Dodd: I didn't know VIP meant perks
Seeded on Wed Jun 18, 2008 9:32 AM EDT
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