Angelo_Mozilo - House committee questions mortgage CEOs about compensation in Washington

House committee questions mortgage CEOs about compensation in Washington

Angelo Mozilo, founder and CEO of Countrywide Financial Corporation, and Harley Snyder, chairman of Countrywide Financial Corporation's Compensation Committee (R), prepare to testify before a House Oversight and Government Reform Committee hearing on the compensation mortgage company CEOs receive on Capitol Hill in Washington on March 7, 2008. This hearing is part of Congress' ongoing examination of the subprime mortgage crises. (UPI Photo/Roger L. Wollenberg)


UPI Related News
SPRINGFIELD, Ill., June 25 (UPI) -- Illinois Attorney General Lisa Madigan said she would sue the nation's largest mortgage lender for overselling risky loans.
WASHINGTON, June 15 (UPI) -- U.S. Sen. Kent Conrad says he will donate $10,500 to charity because he discovered he received preferential treatment from a troubled mortgage firm.
WASHINGTON, June 11 (UPI) -- An official linked to the mortgage scandal resigned Wednesday as head of U.S. Sen. Barack Obama's vice presidential search team, the Obama campaign said.
Obama aide's Countrywide ties at issue
WASHINGTON, June 10 (UPI) -- A political news Web site says the presence of Democratic Party insider Jim Johnson in Barack Obama's presidential campaign has become a distraction.
WASHINGTON, June 7 (UPI) -- The head of U.S. mortgage lender Countrywide Financial Corp. allegedly approved special loans to politically connected borrowers, a report said.
CALABASAS, Calif., March 29 (UPI) -- Countrywide Financial Corp.'s top executives will get hefty payments in the company's merger with Bank of America, filings with U.S. regulators indicate.
CALABASAS, Calif., Oct. 23 (UPI) -- A group representing pension funds is trying to oust the chairman of U.S. lender Countrywide Financial, citing investigations and the company's sub-prime woes.
NEW YORK, Oct. 18 (UPI) -- The U.S. Securities and Exchange Commission reportedly has opened an informal investigation into stock sales of the chief executive of Countrywide Financial.
CALABASAS, Calif., Sept. 7 (UPI) -- Countrywide Financial Corp., based in California, announced Friday that as many as 12,000 of its staffers could be out of work soon.
LOS ANGELES, Aug. 16 (UPI) -- The mortgage lender calling itself No. 1 in the United States is reported facing widespread credit worries and maybe even bankruptcy.
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sfgate.com at 4 Jun 2009 06:31 pm
FORMER COUNTRYWIDE CEO CHARGED: The government has accused Angelo Mozilo and two other former executives of the fallen mortgage lender of civil fraud and insider trading. The three...
latimes.com at 4 Jun 2009 06:19 pm
Countrywide's co-founder -- along with two former associates -- is accused of failing to tell shareholders how far lending standards declined at the mortgage company as the housing boom...
latimes.com at 4 Jun 2009 04:38 pm
Countrywide's co-founder -- along with two former associates -- is accused of failing to tell shareholders how far lending standards declined at the mortgage company as the housing boom...
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