Angelo Mozilo cuts asking price on Thousand Oaks home

The disgraced former CEO of Countrywide Financial had put the 6,238-square-foot home on the market in July for $3.68 million, according to Redfin, but Real Eastalker posts that the price was reduced in mid-October to $3.4 million. As you can see by the photos, the place has been vacated; he apparently purchased the home in 2000 with a $700,000 mortgage. These days, the whereabouts of Mozilo and his wife Phyllis are not known, but over the years they have owned property in Hawaii, Santa Barbara, and La Quinta - all of them, it appears, in gated communities. From Real Estalker:

Listing information shows the stately two-story house was built in 1999 and sits on a half acre lot that backs up to the 2nd fairway of the Jack Nicklaus-designed par-72 championship course at the Sherwood Country Club, The meticulously maintained mansion measures 6,238 square feet with a total of 5 bedrooms, 5.5 bathrooms and a finished 4 car garage. A wide, lantern-lit brick pathway cuts through a rose-bush filled front garden to the front door that opens into an impressive but still intimately-scaled double-height foyer with cherry wood floors and a grand staircase lined with a tightly-spaced thicket of turned balusters that wrap around a the second floor gallery.