Former Countrywide Financial Corp. chief executive officer Angelo Mozilo and two of his top deputies were sued by federal regulators yesterday for allegedly hiding the home lender's deteriorating finances as the subprime-mortgage crisis unfolded.

Former Countrywide Financial Corp. chief executive officer Angelo Mozilo and two of his top deputies were sued by federal regulators yesterday for allegedly hiding the home lender's deteriorating finances as the subprime-mortgage crisis unfolded.