AG Brown Says Countrywide Rewarded Employees for Selling Risky Loans -CNBC
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CNBC is reporting that Attorney General Brown released a statement in regards to his suit against Countrywide Financial (NYSE: CFC). As CNBC's Jane Wells said, Brown has found "shocking new details" about Countrywide's "lax underwriting guidelines". According to brown, Countrywide rewarded employees for selling risky loans.
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