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  1. The Countrywide financial political loan scandal in 2008-2009 involved U.S. politicians who allegedly received favorable mortgage rates. In June 2008 Conde Nast Portfolio reported that numerous Washington, DC politicians over recent years had received mortgage financing at noncompetitive rates at Countrywide Financial because the corporation ...

    • Angelo Mozilo

      Angelo Robert Mozilo (December 16, 1938 – July 16, 2023) was...

  2. Dec 21, 2011 · The Department of Justice today filed its largest residential fair lending settlement in history to resolve allegations that Countrywide Financial Corporation and its subsidiaries engaged in a widespread pattern or practice of discrimination against qualified African-American and Hispanic borrowers in their mortgage lending from 2004 through 2008.

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  4. Jun 22, 2009 · The company changed its name from Countrywide Credit Industries to Countrywide Financial Corporation—a proclamation that it was no longer a mere mortgage company. A full-fledged diversified...

  5. Jan 11, 2013 · ZARROLI: This week, Bank of America agreed to pay more than $10 billion to settle claims filed by the mortgage company Fannie Mae, which had purchased a lot Countrywide's loans. The bank still...

  6. Jul 19, 2023 · Bloomberg. July 19, 2023 7:23 AM PT. Angelo Mozilo, who propelled Countrywide Financial Corp. to become the largest U.S. mortgage lender during the housing boom only to see the company crash in...

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