[Son House]

“I know 100% she went through the VIP department,” Mr Feinberg said, adding that VIP clients such as Ms. Gorelick typically received a one percentage point reduction in their interest rate.

Real estate records show that Ms. Gorelick received nearly the same interest rate that Countrywide provided to then-Fannie chief Franklin Raines, who received a similar loan about 40 days before Ms. Gorelick in the spring of 2003.

Mr. Raines received a rate of 5.125% for the first 10 years on a $982,253 refinancing, Washington, D.C., real-estate records show.

A little over a month later, Ms. Gorelick received a rate of 5% for the first 10 years on a $960,149 refinancing. The transaction was handled by another employee who sat next to him, Mr. Feinberg said. The average market rate for loans of the type obtained by Ms. Gorelick and Mr. Raines fluctuated around 6% at that time, according to data from HSH Associates Inc., potentially saving the two borrowers thousands of dollars over the life of the loans.

Ms. Gorelick acknowledged she may have dealt with the Countrywide employee in California who handled the so-called Friends of Angelo loans, but said she believed she only received expeditious service. “You’d think if somebody was trying to do me a favor, they would tell me they were doing me a favor, and I am unaware of any such treatment,” she said, adding that she was planning to leave her position as vice-chairman of Fannie Mae at that time.

“When I did this transaction, I was decidedly a has-been,” she said. “I had no favor to give.”

.
ME
I would demand VIP treatment if I were a current customer

[Lynne]

“Mr. Raines received a rate of 5.125% for the first 10 years on a $982,253 refinancing, Washington, D.C., real-estate records show.

A little over a month later, Ms. Gorelick received a rate of 5% for the first 10 years on a $960,149 refinancing.”

Um, do both of these have a 10 yr ARM on property that has lost value in this mess? It would be sweet revenge if they couldn’t refinance when the mortgages adjust.

[Republic]

If there was ever a klinton holdover who needs to be investigated...it is jamie gorelick....the wall builder between the FBI and CIA that helped the terrorists who hit us on 911----she was also the klinton protector on the 911 commission and was probably rewarded for this by friends like Raines by getting a cushy position at Fannie Mae....

GORELICK NEEDS TO BE INVESTIGATED ON SO MANY LEVELS IT MAKES ME SICK!!!!!!!!!!!!!