Countrywide Mortgages is still in business today. Any business that has been around for all these years must be doing something right. Countrywide was cofounded by Angelo Mozilo in 1969. In the early 2000’s Countrywide Mortgages became the largest provider of home loans in the United States. At that time one and six mortgage loans originated with Countrywide. In 1993 mortgages loans reached the one trillion-dollar mark.
Countrywide Mortgages was the primary provider of loan to minority in the United States. Mortgage loans to minority had special stipulations. This is the perfect example of how greed in a company affects its ethical outcome. The greed was clear between the lender and the borrowers. This made it easy for Countrywide to boost
Countrywide Mortgages was the primary provider of loan to minority in the United States. Mortgage loans to minority had special stipulations. This is the perfect example of how greed in a company affects its ethical outcome. The greed was clear between the lender and the borrowers. This made it easy for Countrywide to boost