History won’t be kind to Angelo Mozilo, the founder of Countrywide Financial whose shareholders approved the company’s sale to Bank of America yesterday. His is a great American success story, but a tragedy, too.

Countrywide Financial reported Friday that its mortgage foreclosure rate doubled last month compared to a year ago.

That prompted the Charlotte Business Journal to ask Bank of America if it was going forward with its roughly $4 billion stock deal to acquire Countrywide, the nation’s largest mortgage lender.