The co-founder of Countrywide Financial cast himself as the leader of the revolution to expand access to mortgage lending but became the public face of the subprime mortgage collapse.
Source: Inman News
Angelo Mozilo, symbol of subprime mortgage lending, dies at 84
Published in Angelo Mozilo, bank of america, Countrywide Financial, foreclosure, housing bubble, Industry News, Mortgage, mortgage-backed securities, Mozilo Family Foundation, recession and subprime lending
More from bank of americaMore posts in bank of america »
More from foreclosureMore posts in foreclosure »
- Former agent convicted of swindling woman out of her home
- Homeowners are cracking under the pressure of increased costs
- Sellers outnumber buyers by 36% — but that figure is starting to shrink
- History proves it: Low interest rates are not a cure-all for real estate ills
- These are the 31 markets where home prices have fallen the most
More from housing bubbleMore posts in housing bubble »
- History proves it: Low interest rates are not a cure-all for real estate ills
- Housing market bubble ready to ‘pop’ in the South, analyst warns
- Is it a housing bubble? Nearly 68% of housing markets are overvalued
- Google searches for ‘housing bubble’ have been spiking since March
- First rule of housing bubbles? Don’t talk about them, economist warns
More from Industry NewsMore posts in Industry News »
More from MortgageMore posts in Mortgage »
More from mortgage-backed securitiesMore posts in mortgage-backed securities »
- Democrats seek transparency into Fannie, Freddie ‘reprivatization’
- Homeowners rush to refinance as mortgage rates hit 2025 low
- Pennymac takes a stake in Vesta, launches non-QM mortgages
- Mortgage rates plummet to new 2025 low on anemic jobs report
- Mr. Cooper shareholders approve merger with Rocket Companies
More from recessionMore posts in recession »
- Why is the Fed cutting interest rates — and what happens next?
- Will Gary Keller’s real estate recession prediction come true? The Download
- Gary Keller, Opendoor stock, one broker’s TikTok: Inman’s Top 5
- Smart financial planning tips to protect your real estate income
- Lower mortgage rates get a few more homebuyers off the fence
Be First to Comment