Dodd told reporters he is preparing to disclose the information promptly after his foreclosure rescue bill is passed and inked by U.S. President George W. Bush.

The Democratic senator conceded he took part in a VIP plan for home loans obtained through Countrywide Financial Corp., the Hartford (Conn.) Courant reported Friday.

Dodd said he was unaware he received preferential treatment because of his Senate post as banking committee chairman, the report said.

Dodd said he was trying to make sure he had "a full picture" before handing over more information about the home loans.

A Conde Nast Portfolio magazine article initially alleged Dodd was one of many well-known officials who accepted Countrywide loans as part of a VIP program set up by Countrywide chief Angelo Mozilo.