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15 Feb 2012 21:56

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Politics: Ex-Countrywide head Angelo Mozilo summoned by Rep. Darrell Issa

  • F.O.A. The above stands for “Friend of Angelo,” the internal designation formerly used by Countrywide Financial to specify people who, some of them public figures, were to be given deluxe mortgage rates, so named for then-Countrywide top-dog Angelo Mozilo.
  • Rep. Issa The head of House Oversight, Rep. Darrell Issa has requested an interview with Mozilo, on such loans given to public officials (current Reps. McKeon, Session, Towns, and Gallegly) — Congress isn’t allowed to accept publicly unavailable financial perks. source