Here’s somewhat related article in NYPost :
http://www.nypost.com/php/pfriendly/print.php?url=http://www.nypost.com/seven/08302007/business/sen__schumer_leans_hard_on_cou.htm
SEN. SCHUMER LEANS HARD ON COUNTRYWIDE
August 30, 2007 — Senator Charles Schumer asked Countrywide Financial Corp. to waive prepayment penalties, refinance loans and eliminate “above-market fees” to help homeowners struggling to make payments on subprime mortgages.
Countrywide, the biggest U.S. mortgage lender, should stop paying higher commissions to brokers who steer borrowers to high-cost loans that “are designed to fail,” Schumer told reporters in Washington yesterday.
“I am calling on Countrywide, as our nation’s largest lender, to bury its bad business practices and reverse some of the damage it has already inflicted on our housing market,” Schumer said.
Schumer, a member of the Senate Banking Committee, has been among the most vocal lawmakers seeking tighter restrictions on mortgage brokers.
He introduced legislation in May to set U.S. standards for brokers, including requiring them to assess a borrower’s ability to repay at a loan’s highest interest rate.
“Countrywide’s most lucrative brokers are those that make bad loans that are largely designed to fail the borrower,” Schumer said.
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I guess Countrywide didn't make enough campaign contributions to Shumer et al.