So what? I really don’t understand why this would matter?
Was it illegal? Was it QPQ? Who cares?
A former Countrywide employee, Robert Feinberg, said that Ms. Gorelick's business was handled through the firm's VIP lending department in California, and the staff there was aware of her position as a senior Fannie executive."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.