Countrywide co-founder Angelo Mozilo agrees to pay $67.5M in financial penalties to settle the...

|By:, SA News Editor

Countrywide co-founder Angelo Mozilo agrees to pay $67.5M in financial penalties to settle the SEC's high-profile civil fraud suit against him. Two other defendants in the case, former Countrywide President David Sambol and former CFO Eric Sieracki, also reach settlements.