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Mozilo, 84, died of natural causes, the foundation said in a statement on July 16.
He became the face of the mortgage meltdown when the subprime crisis surfaced in 2007. He was the son of a Bronx butcher who embodied a rags-to-riches success story.
In 2006, when Mozilo was the chief of the mortgage lender Countrywide Financials, the firm originated $461 billion worth of loans — close to $41 billion of which were subprime. Subprime loans were responsible for the global financial crisis.
Bloomberg earlier reported the news about Mozilo’s death.
