In 2010, Mozilo agreed to a $67.5 million SEC settlement over accusations of fraud.
Mozilo’s passing was due to natural causes, according to his family’s foundation.
Exploring recent trends in digital originations for mortgage lenders, highlighting the role of fintech and AI in reshaping the lending process.
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Angelo Mozilo, the former CEO of Countrywide Financial and one of the architects of the 2008 global financial crisis, has died at age 84. So reports Pasadena Now.
In 2010, Mozilo agreed to a $67.5 million SEC settlement over accusations of fraud.
Mozilo’s passing was due to natural causes, according to his family’s foundation.