Correction: Countrywide-VIP Loans story

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Associated Press

Posted on July 5, 2012 at 1:00 PM

Updated Thursday, Jul 5 at 10:31 PM

WASHINGTON (AP) — In a July 4 story and in initial versions of a July 5 story about lawmakers and other officials getting discount loans from the former Countrywide Financial Corp., The Associated Press reported erroneously that former Housing and Urban Development Secretary Henry Cisneros was on Fannie Mae's board of directors when his loan was processed. Cisneros was on Countrywide's board of directors, not Fannie Mae's.

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