1. Home
  2. Ethics statements
  3. Allegations Concerning the “V.I.P.” Loan Unit of…

House Committee on Ethics · Dec 27, 2012

Allegations Concerning the “V.I.P.” Loan Unit of Countrywide Financial Corporation

Allegations Concerning the “V.I.P.” Loan Unit of Countrywide Financial Corporation. Issued by the House Committee on Ethics on Dec 27, 2012 (statement issued).

Statement

Today we announce the conclusion of the Committee on Ethics’ review of the allegations related to the “V.I.P.” program of the Countrywide Financial Corporation (Countrywide). In accordance with Committee Rules, this review was conducted in order to determine whether the allegations presented warranted further investigation by the Committee. After a lengthy and deliberate review, including over 2,000 of pages of documentation provided by Countrywide or its successor, Bank of America, as well as giving careful and serious consideration to the submission and reports of the Chairman of the Committee on Oversight and Government Reform, the Committee has unanimously agreed to end its review with the publication of this statement, and the issuance of a general advisory issued simultaneously on the subject of the use of one’s position in the House of Representatives for personal gain or benefit.

Documents

More

From the House Committee on Ethics.

Cite or embed this page

Capitol Receipts, “Allegations Concerning the “V.I.P.” Loan Unit of Countrywide…,” https://www.capitolreceipts.com/ethics/estatementchairmanandrankingmembercommitteeethicsregardingallegations/allegations-concerning-the-v-i-p-loan-unit-of (accessed 2026-10-17).