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Loan Modification

: The Truth About Mortgage.com

Mozilo Says SEC Admits Stockholders Knew Countrywide Risks

By scot184

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Countrywide Financial’s former CEO Angelo Mozilo said the SEC has now admitted that investors knew about the risks taken by the former top lender before its eventual collapse, according to a Bloomberg report. In a federal court filing in Los Angeles, Mozilo asked U.S. District Judge John F. Walter to rule on the SEC’s fraud allegations [...]

Full post as published by The Truth About Mortgage.com on August 04, 2010 (boomark / email).

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