Mixing Business with Pleasure...

What happens when individuals such as Chris Dodd, head of the Senate Banking Comittee, and Kent Conrad who is Chairman of the Senate Budget Committee mix business with pleasure? A very controversial allegation between one of the biggest mortgage company of our time and two well known Senators.

It is alleged that these two men knew that they were given "preferential" treatment when receiving their discounted Countrywide rates, as well as zero points from Countrywide on the actual cost of a loan. Both Dodd and Conrad deny the allegations stating they were not aware of such favors.

How do two well-educated men, both Senators and leaders of this country, not understand whether or not they are being given preferrential treatment by a lender? It's as easy as comparing fair market interest rate to the rate on your loan documents, and as easy as picking up a phone to call your loan officer/broker to ask simple questions about fees.


Moral of the story:
If you don't ask you won't know, and if you don't know it's because you never asked! Know the facts before signing on the dotted line!