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Countrywide Financial

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ECONOMY_WEB_20121025_0003

In this June 25, 2008, photo, buildings and palm trees are reflected on the entrance of the Countrywide Financial Corp. office in Beverly Hills, Calif. The top federal prosecutor in Manhattan sued Bank of America, which acquired Countrywide in 2008, for more than $1 billion on Wednesday, Oct. 24, 2012, for mortgage fraud against Fannie Mae and Freddie Mac during the years around the financial crisis. (AP Photo/Kevork Djansezian)

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Countrywide Financial Corp. is accused of loosening its standards for making loans while telling Fannie Mae and Freddie Mac, which were buying loans from Countrywide, that the standards were getting tighter. (Associated Press)

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Countrywide Financial Corp. is accused of loosening its standards for making loans while telling Fannie Mae and Freddie Mac, which were buying loans from Countrywide, that the standards were getting tighter. (Associated Press)

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**FILE** Buildings and palm trees are reflected on the entrance of the Countrywide Financial Corp. office in Beverly Hills, Calif., on June 25, 2008. (Associated Press)

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**FILE** Buildings and palm trees are reflected on the entrance of the Countrywide Financial Corp. office in Beverly Hills, Calif., on June 25, 2008. (Associated Press)

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** FILE ** In this June 25, 2008 file photo, employees talk at Countrywide Financial Corp. headquarters' main gate in Calabasas, Calif. A unit of embattled insurer American International Group Inc. filed suit against mortgage lender Countrywide Financial Corp. in California federal court Thursday, March 19, 2009,alleging Countrywide misrepresented the health of loans that the company insured, resulting in massive losses. (AP Photo/Gus Ruelas, file)

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** FILE ** This June 25, 2008, file photo, shows the Countrywide Financial Corp. office in Beverly Hills, Calif. (AP Photo/Kevork Djansezian, File)

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Republican Rep. Darrell E. Issa has asked the House ethics panel to investigate four lawmakers in connection with VIP discounted loans from now-defunct Countrywide Financial Corp. (Rod Lamkey Jr./The Washington Times)