Docs Show Countrywide's Cozy Ties to Fannie Mae

The partnership between Countrywide and government-backed Fannie Mae is partly to blame for the housing crisis. They made billions buying and selling each other's toxic loans.

But as they were sending America's housing market down the tubes, CBS News investigative correspondent Sharyl Attkisson reports new documents show Countrywide and Fannie Mae were quietly scratching each other's backs.

Read the complete story.
  • Sharyl Attkisson On Twitter»

    Sharyl Attkisson is a CBS News investigative correspondent based in Washington.

Comments

CBSN Live

pop-out
Live Video

Follow Us

Watch CBSN Live

Watch CBS News anytime, anywhere with the new 24/7 digital news network. Stream CBSN live or on demand for FREE on your TV, computer, tablet, or smartphone.

On Twitter