MORE SWEETHEART LOANS? Lawmaker goes after ex-Fannie CEO over loan deal.

A Republican lawmaker is accusing the former chief executive of mortgage finance company Fannie Mae of being dishonest in testimony before Congress about discounts he received on his home loan.

Rep. Darrell Issa of California released documents Wednesday that he said showed former Fannie CEO Franklin Raines received special treatment in 2003 when he refinanced with Countrywide Financial Corp. . . . Raines, a prominent Washington figure who was President Clinton’s budget director, resigned from Fannie Mae in 2004 after an accounting scandal. Fannie Mae and sibling company Freddie Mac were seized by federal regulators last fall.

The disclosure about Raines comes after Sen. Christopher Dodd, D-Conn., said last month he would refinance two personal home mortgages from Countrywide.

Dodd has acknowledged participating in a VIP program at Countrywide, which he said he thought referred to upgraded customer service and not reduced rates. He has said he was wrongfully labeled a friend of Countrywide’s former CEO Angelo Mozilo.

He wasn’t a friend. He just got benefits!