RSSDodd, Conrad: Mortgage discounts were ‘courtesy’
From: The Washington Times | July 29, 2009
Two powerful Senate Democrats said Tuesday that they knew they got low mortgage-rate deals in a lender’s VIP program but thought the special treatment was a “courtesy” or the same as “frequent flier” discounts. Both vehemently denied any wrongdoing or ethical lapse in the mortgage deals, which came to light a year ago and triggered investigations by the Senate Select Committee on Ethics and the House Oversight and Government Reform Committee. “I thought this was like a frequent-flier program,” Sen. Kent Conrad, chairman of the Senate Budget Committee, said of the special benefits. “I thought nothing of it.” Sen. Christopher …
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