Monday, February 2, 2009

Dodd To Refinance Loans, Allow Inspection Of Docs

The Hartford Courant is reporting that Chris Dodd will have a third party identify a lender and he will refinance his Countrywide mortgages. I see this as all but an admission that he was benefiting from the loan terms, otherwise there is no reason to refi.

He will also be allowing reporters to view, but not copy, his loan docs.

Much more on this story as it develops.

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