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National Mortgage Professional
Jun 01, 2006

Angelo R. Mozilo: Co-founder of Countrywide builds company around passion and generosityGary Simpson and Ralph LoVuolo Sr., CRMSAngelo R. Mozilo,Countrywide Angelo R. Mozilo is co-founder, chairman and chief executive officer of Countrywide Financial Corporation. In 1969, Mozilo and his business partner, the late David Loeb, joined forces to build on their vision of a mortgage company that would be founded on the principle that all Americans should have access to the dream of homeownership. The partners launched their mortgage company and named it Countrywide to reflect their ambitions for a mortgage company that would offer home loans nationwide, at a time when there were no national lenders. Today, the mortgage company Mozilo co-founded has evolved into Countrywide Financial Corporation, a diversified financial services company, offering home loans, insurance, banking and other financial products and services to consumers and businesses. A member of the S&P 500 and Fortune 500, Countrywide has a workforce of more than 50,000 individuals at more than 800 locations across the United States, United Kingdom and Asia. For Mozilo, success has always gone hand-in-hand with supporting the dream of homeownership through Countrywide and through his other professional efforts. For more than three decades, Countrywide has assisted hundreds of thousands of lower-income and minority families and individuals in achieving homeownership. According to Todd Dal Porto, senior managing director of Countrywide, America's Wholesale Lender, "In my experience, Angelo has been the industry spokesman for financing the American dream. He's very passionate about it. It has been one of Countrywide's founding principles, and he has personally ensured that his team has delivered." Making a positive difference in the lives of others in many additional ways, Mozilo has championed a variety of philanthropic causes. In appreciation for his support, he has received the National Italian American Foundation's Special Achievement Award for Humanitarian Service, the Albert Schweitzer Award for his work with the youth of America, the Jane Wyman Humanitarian Service Award from the Arthritis Foundation and the James E. West Fellowship Award from the Boy Scouts of America. He is the recipient of the Ellis Island Medal of Honor and the Horatio Alger Association of Distinguished Americans Award and is also a member of the National Association of Home Builders Hall of Fame. In 2003, Mozilo celebrated his 50th year in mortgage banking and, a year later, the 35th anniversary of Countrywide Financial Corporation. The company has overcome so many obstacles to grow from a single office home loan shop to a diversified financial services powerhouse. Countrywide has a corporate history that mirrors the life and passion of its founder. For more information, visit www.countrywide.com.
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