Angelo Mozilo is the smartest man in the world. The Salmon-American hero of the housing boom that sadly ended for no apparent reason a few years ag...

Even in the movie version of the financial crisis, the giant mortgage company accused by the U.S. government of rampant fraud and abuse wouldn't be so...

Down the line, many hope that what Occupy has failed to accomplish, hard-nosed prosecutors might be able to provide: a measure of justice for the millions of aggrieved homeowners either forced out in foreclosure.

By Rick Rothacker July 12 (Reuters) - For nearly three years, as Kyle Lagow struggled to find work and his finances crumbled, he kept ...

Steal a Snickers bar from the 7-11 and you could face jail time. Angelo Mozilo took a half billion dollars in compensation for loans that blew up our economy. And so far, he's gotten off virtually scott free.

In the summer of 2007, a team of corporate investigators sifted through mounds of paper pulled from shred bins at Countrywide Financial Corp. mortgage...

As the debt-collection industry buys up bad debt and then seeks payment, it's started relying on arrest warrants to get its way, throwing those who miss court appearances or don't pay in jail.

To date, not a single mortgage lender has been sent to prison for their role in the financial crisis. At least one borrower hasn't been so lucky. C...

The Federal government has now let former Countrywide CEO Angelo Mozilo go scot-free, paying less than 10% of his assets in fines, with no admission o...

So much for Angelo Mozilo taking the fall for the financial crisis. Late last week, word leaked out that Mr. Mozilo, who had co-founded Countrywide F...

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The head of the U.S. House of Representatives oversight committee issued a subpoena on Wednesday to Bank of America for information about mortgage...

A lawsuit alleges Countrywide Financial Corp. and two of its former executives misled institutional investors who were stuck with huge losses from mor...

You ever wonder where so many popular but annoying sayings come from? How do these things even get started? You know? So, like, you know, just sayin',...

For me, the most powerful moment of Inside Job was something the CEO of a large bank said. "We can't control our greed," the CEO acknowledged, in a rare moment of candor and insight. "You should regulate us more."

Though Mozilo's company came late to the subprime party, its size and clout deepened the pain visited upon individual home owners and the entire financial system. So did he get off too easy?

Once upon a time, in a country wide and beautiful, there was a very audacious and flamboyant financier who liked to wear very nice clothes. (Here he ...