Countrywide e-mail angers borrowers

The chairman of beleaguered Countrywide Financial Corp. raised eyebrows and tempers with his snippy reply to an e-mail plea from a man who said he was in danger of losing his home. “Disgusting,” Angelo Mozilo wrote in his inadvertent reply to an e-mail from Daniel Bailey Jr. asking the company to modify terms of his adjustable-rate mortgage. Bailey said he didn’t fully understand the terms, was wrongly told he could refinance after a year and was on the verge of losing his home of 16 years because of unaffordable payments. For the full story visit http://www.dailynews.com/ci_9338567