The dramatic rise—and epic fall—of mortgage lender Countrywide.
By 2003, one in eight homebuyers were getting their home loans through Countrywide.
Source: fortune.com
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Angelo Mozilo, Whose Mortgage Giant Fell in Housing Bust, Dies at 84
He built Countrywide Financial into the country’s largest mortgage lender, but its increasingly risky loans helped precipitate the 2008 financial crisis.
Source: nytimes.com
Angelo Mozilo, ex-Countrywide Financial CEO, dies at 84
Time magazine, citing Countrywide’s loosened lending standards and exotic mortgages, named him one of the “25 People to Blame” for the housing crisis.
Source: fortune.com
Angelo Mozilo, the 'face of the financial crisis,' dies at 84
Angelo Robert Mozilo, the founder of Countrywide Financial, died from natural causes this weekend. He was 84 years old.
Source: housingwire.com
cheshireherald.com - Lim Hopeful Her Writing Talents Land Her Presidential Scholar Award
Lim Hopeful Her Writing Talents Land Her Presidential Scholar Award- Audrey Lim says it was around second grade that she knew she wanted to be a writer. Throughout her life, she has experimented in literature, using different “styles, plots, themes, dialogues, and formats.” But it was during her sophomore year, having...
Source: cheshireherald.com