News Source: CNN
| about 1 year ago
CNN) -- The two top executives at struggling Countrywide Financial Corp., the nation's largest mortgage lender, are slated to receive a combined $19 million in payouts, a regulatory filing shows. Angelo Mozilo helped lead Countrywide as it grew into..
News Source: United Press International
| about 1 year ago
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. Chief Executive Angelo Mozilo and President David Sambol, who built...
News Source: Merced Sun-Star
| about 1 year ago
CEO Angelo Mozilo and President David Sambol will receive $19 million in stock next week as part of the company's pending takeover by Bank of America Corp, according to a regulatory filing. The payments of stock valued at $10 million for Mozilo and...