Countrywide Financial Corp.

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asset and countrywide financial corp. - All News and Analysis

• Small change

  - 2008-08-18

  Seacoast Commerce Bank reported a net loss of $1.77 million in the second quarter after setting aside $1.77 million for potential losses on problem loans. The bank grew its loans to $64 million, up 39 percent from the like quarter of 2007. Total assets were $75.9 million, up 20 percent...

  Tags: asset, Bank of America Corp., Countrywide Financial Corp.

• Emerging Markets Consulting, LLC. : Emerging Equity Alerts.

  - 2008-01-11

  M2 PRESSWIRE-11 January 2008-Emerging Markets Consulting, LLC.: Emerging Markets Consulting, LLC. : Emerging Equity AlertsC1994-2008 M2 COMMUNICATIONS LTD RDATE:11012008 Orlando, FL -- Stocks gaining traction in yesterday's trading were Countrywide Financial Corporation, (NYSE: CFC), Continental Airlines, Inc., (NYSE:...

  Tags: asset, Continental Airlines Inc., Countrywide Financial Corp., E*Trade Financial Corp., equity, FINANCE, Investment

• A new era: what does the future hold for the securitization model of mortgage lending? Could the era of the independent mortgage banking firm be a thing of the past?

  - 2007-11-01

  Countrywide Financial Corporation, Calabasas, California, became the nation's largest mortgage lender by thriving in chaotic times. After past periods of turmoil--such as the unexpected April 1994 interest-rate spike--Countrywide has been able to increase its market share in both originations and servicing. [??] Warning shots signaling coming challenges were fired earlier...

  Tags: asset, bank, banking, bond, borrower, Countrywide Financial Corp., FINANCE, financial, Financial Times, Investment, investor, liquidity, mortgage, Mortgages, securitization, security

• Anatomy of a meltdown

  - 2007-10-01

  The subprime meltdown spilled over into other financial markets over the summer. Investors fled the private-label residential mortgage-backed securities market, shutting it down in early August. Facing margin calls, falling asset values, no buyers for non-agency bonds and no buyers for mortgages originated for the private-label market, mortgage companies large...

  Tags: agency, asset, bank, Bear Stearns & Co. Inc., Better Business Bureau, bond, borrower, Countrywide Financial Corp., Federal Reserve Board, FINANCE, financial, Investment, investor, meltdown, Moody's Corp., mortgage, Mortgages, security, Turmoil, U.S.

• Billionaire Buffett ready to start buying

  - 2007-08-22

  The bond market has seized up, stocks are in turmoil, private- equity funds are sidelined and hedge-fund managers and lenders are hosting fire sales. These are happy days for Warren Buffett. "I can spend money faster than Imelda Marcos when things are right," he says, referring...

  Tags: asset, Berkshire Hathaway Inc., Countrywide Financial Corp., FINANCE, Investment

• Troubled US mortgage firm sells 20.5 bln dlrs of assets

  - 2007-08-20

  WASHINGTON AFP — Thornburg Mortgage, Inc., said Monday it had sold 20.5 billion dollars of assets as it seeks to weather the financial storm buffeting the troubled US housing industry. Thornburg, a nationwide lender based in Santa Fe, New Mexico, said it had sold billions of dollars in mortgage-backed...

  Tags: asset, Capital One Financial Corp., Countrywide Financial Corp., FINANCE, mortgage, Thornburg Mortgage Inc.

• Funds hit by lenders' problems; Subprime loans may cause more angst for top managers.(News)

  - 2007-03-19

  Byline: Kathie O'Donnell BOSTON - It's unlikely that the crisis in the subprime-mortgage market is going unnoticed by some prominent mutual fund managers. At the end of last year, star stock picker Bill Miller of Baltimore-based Legg...

  Tags: asset, Benefits, Countrywide Financial Corp., FINANCE, Investment, stock

• The allure of mortgage empires—revisited

  - 2006-07-01

  Almost nine years ago, I partnered with a former colleague to write an article in which we examined the role of commercial banks in the mortgage banking industry (see "The Allure of Mortgage Empires," by Brenda White and Jack Leventhal, Mortgage Banking, October 1997). Commercial banks were a dominant force...

  Tags: asset, bank, Banking, Countrywide Financial Corp., Deloitte Touche Tohmatsu, equity, FINANCE, Investment, Mortgage

• With WRQ, Countrywide Global Home Loans speeds time to market for financial services providers; Countrywide unlocks new revenue opportunities from host assets; Reduces IT development time by 87 percent, from two years to three months.

  - 2005-01-19

  M2 PRESSWIRE-19 January 2005-Pleon: With WRQ, Countrywide Global Home Loans speeds time to market for financial services providers; Countrywide unlocks new revenue opportunities from host assets; Reduces IT development time by 87 percent, from two years to three monthsC1994-2005 M2 COMMUNICATIONS LTD RDATE:01192005...

  Tags: asset, Countrywide, Countrywide Financial Corp., FINANCE, financial, revenue

• Underwriters see big rewards in home equity loans.

  - 2004-08-30

  A surge in home equity loans this year bolstered growth in securities backed by those loans, catapulting Countrywide Financial Corp. to the top spot among U.S. underwriters of those asset-backed securities. Sales of bonds backed by home equity loans jumped to $198.4 billion in the first half of...

  Tags: asset, bond, Countrywide Financial Corp., equity, FINANCE, Investment, security, underwriter