Former Countrywide Financial Corp Chief Executive Angelo Mozilo takes part in a panel discussion at a national housing summit held by the Office of Thrift Supervision in Washington in this December 3, 2007 file photo. Mozilo has agreed October 15, 2010 to settle a lawsuit with securities regulators, ending one of the highest profile enforcement actions to come from the financial collapse. Picture taken December 3, 2007. Reuters Pictures logo Reuters Pictures 16 months ago

Former Countrywide Financial Corp Chief Executive Angelo Mozilo takes part in a panel discussion at a national housing summit held by the Office of Thrift Supervision in Washington in this December 3, 2007 file photo. Mozilo has agreed October 15, 2010 to settle a lawsuit with securities regulators, ending one of the highest profile enforcement actions to come from the financial collapse. Picture taken December 3, 2007.