There is a scandal brewing in Washington involving members of the Senate Banking Committee and Countrywide. Apparently these guys were getting “special deals” from Countrywide and are now pleading ignorance. I guess the trick is when you’re getting special treatment the best thing to do is not ask questions. I’ll have to keep that in mind if I should ever become a politician.

Denial. Ignorance. Incompetence. Fill your word here __________ after you watch the Chairman of the Senate Banking Committee revealing to reporters that  he doesn’t know the interest rates these days. Geez. Why are you then spearheading one of the most important mortgage banking reforms of the modern era? Twitter me Senator, I’d be happy to send you hourly updates on mortgage rates:

More on the brewing scandal.

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Tags: interest rates, Mortgages, senate, senators
Categories: Congress and Government, Interest Rate, Mortgages