Former Countrywide Financial Corp. chairman and chief executive Angelo R. Mozilo and his wife, Phyllis, have sold their house in Thousand Oaks for $2.9 million.
Countrywide helped fuel the boom in risky subprime loans that led to the foreclosure crisis. Federal prosecutors shelved a criminal probe of Mozilo last year after determining that his actions in the mortgage meltdown — which led to a $67.5-million settlement against him — did not amount to criminal wrongdoing.
The Georgian Colonial-style two-story sits on a half-acre above the second fairway at the Sherwood Country Club. The 6,238-square-foot home features a cherry-finished library-office, five bedrooms, six bathrooms and an oversized four-car garage.
The master suite includes a sitting area, a balcony, two walk-in closets with built-in cabinets, dual sinks, a mirrored dressing area, a spa tub, a steam shower, a bidet and marble floors. An infinity pool, spa, lawn and a built-in barbecue complete the grounds.