Countrywide Loan Probe Ended by House Panel with No Action Taken

``The investigation was sought by Representative Darrell Issa, the California Republican who leads the House Oversight and Government Reform Committee. Issa said in a July report that Countrywide gave discount loans to lawmakers and Fannie Mae executives from 1996 to 2008 as the government-sponsored mortgage-finance company lobbied to block legislation that would've diminished its sale of subprime loans.''