The American Dream of Homeownership: From Cliché to Mission
Presentation by Angelo R. Mozilo
Chairman, President and Chief Executive Officer,
Countrywide Financial Corporation & Chairman, Countrywide Home Loans, Inc.
The Joint Center for Housing Studies of Harvard University
John T. Dunlop Lecture
Sponsored by The National Housing Endowment
Washington, DC February 4, 2003
And here's another document of that era, from the New York Stock Exchange magazine, May 2005:
American Dream Builder: CEO Angelo Mozilo targets U.S. “multicultural market communities” as core Countrywide customers.
When I call this kind of thing the "Secret History of the 2000s," I don't mean that Mozilo's Harvard address or Bush's mortgage speeches were given in a secure location dug out deep under the Greenbrier Country Club. No, they were heavily publicized to all interested parties. But they might as well be secret today because they don't fit into any of the standard, respectable models of "Who Are the Good Guys and Who Are the Bad Guys?" There's no pre-existing team to push this analysis of What Just Happened, so it might as well be secret.