In 2008, Congresswoman Shelley Moore Capito (R-West Virginia) joined her Republican colleagues and called on then House Financial Services chairman Barney Frank to hold a hearing into allegations that Countrywide Financial provided preferential treatment on mortgage loans to members of Congress and other government officials through a VIP program directly managed by Countrywide\u2019s Chairman and CEO Angelo Mozilo.<\/p>\n
Capito and her colleagues complained<\/a> that the VIP program \u201cresulted in tens of thousands of dollars in savings through reduced fees, fee waivers, and unique benefits not accessible to the general public.\u201d<\/p>\n Now Capito\u2019s opponent \u2013 Democrat Howard Swint \u2013 wants to know about any reduced fees, fee waivers, and unique benefits not accessible to the general public that Capito might have received on mortgages on three properties she and her husband own \u2013 a house in Charleston, West Virginia and residential properties in Washington, D.C. and Lexington, Virginia.<\/p>\n According to Capito\u2019s most recent financial disclosure form<\/a>, the Congresswoman has had \u2013 or currently has \u2013 mortgages on the three properties financed by Wells Fargo, Citigroup and United Bank.<\/p>\n Coincidentally \u2013 or not \u2013 Capito\u2019s husband \u2013 Charles Capito \u2013 is drawing paychecks from \u2013 you guessed it \u2013 Wells Fargo, Citigroup and United Bank.<\/p>\n \u201cI have challenged her to release the same information she requested in 2008 from other members of Congress,\u201d Swint said. \u201cAnd she has refused to release that information.\u201d<\/p>\n Capito\u2019s office did not return calls seeking comment.<\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" In 2008, Congresswoman Shelley Moore Capito (R-West Virginia) joined her Republican colleagues and called on then House Financial Services chairman Barney Frank to hold a hearing into allegations that Countrywide Financial provided preferential treatment on mortgage loans to members of … Continue reading