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National Housing Conference to Honor Angelo Mozilo for Lowering Homeownership Barriers

Angelo Mozilo, chairman and CEO of Countrywide Financial Corporation, will receive the National Housing Conference (NHC) 2004 Housing Person of the Year Award in recognition of his long-standing commitment to reducing the barriers to homeownership for lower-income and minority individuals and families.

A dinner honoring Mozilo will be held at the National Building Museum in Washington, D.C. on June 9. Participants will be invited to attend a policy forum the following morning, which will feature the release of a new issue of NHC Affordable Housing Policy Review. The publication focuses on private sector participation in affordable housing and community development activities.

Participants will also have access to the museum’s new exhibition, “Affordable Housing: Designing an American Asset.” The exhibit features 18 projects across the country in a range of urban and rural settings illustrating how well-designed affordable housing development can be an asset to the community.

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Mozilo co-founded Countrywide in 1969 and it has become a global diversified financial services provider. Initiated in 1992, Countrywide’s We House America program has been responsible for more than $245 billion in financing to minorities, low-income borrowers and individuals who live in underserved communities.

Last year, Countrywide expanded its commitment to fund $600 billion in home loans through 2010. Its comprehensive approach to affordable lending includes education and outreach and the company is one of the leading lenders in the nation to African-Americans and Hispanics.

Mozilo is a former president of the Mortgage Bankers Association and he continues to serve on its board of directors. He is also a member of the board of trustees of the National Housing Endowment, the philanthropic arm of NAHB, and is on the board of the Joint Center for Housing Studies of Harvard University. He is also an inductee in the National Housing Hall of Fame.

About 1,000 leaders in the housing industry are expected to attend the dinner honoring Mozilo. To attend, click here, or call 202-466-2121 x221.
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