Obituary
Angelo Mozilo, Countrywide Financial CEO Who Became Face of 2008 Crisis, Dies at 84
- His Countrywide Financial almost went bankrupt in 2008 crisis
- Settled SEC suit by paying $67 million, accepting lifetime ban
Angelo Mozilo in March 2008.
Photographer: Jay Mallin/Bloomberg
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Angelo Mozilo, who propelled Countrywide Financial Corp. to become the largest US mortgage lender during the housing boom only to see the company crash in the 2008 financial crisis, has died. He was 84.
He died on July 16 of natural causes, said his son, Mark.