BNET Industries

Last Fiscal Year Sales:$25.1B
- Private
- US
Dow Jones Description
Countrywide Financial is proud to have become a wholly owned subsidiary of Bank of America Corporation. We have become America's leading home loan provider and we know with this position comes great responsibility to our communities and our customers. We are committed to responsible lending practices, meaningful community development initiatives and providing a broad suite of products. Combining the two companies will create unique opportunities that will build stronger customer relationships and deliver solutions that are more responsive to customers needs. With nearly 40 years of experience in the mortgage business, Countrywide is committed to continuing to help customers achieve and sustain homeownership. Countrywide is very excited about the opportunities this merger will provide.
Number of Employees 54,456
Contact Information
4500 Park Granada
Calabasas, California 91302-1613
818-225-3000
Peer Companies
NAICS Code Savings Institutions: 522120
Recent Events
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Bank of America Corporation Acquires Countrywide Financial Corp.-Financial Deals Tracker
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KB Home, Countrywide, LandSafe face another lawsuit on rigged appraisals claim
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Class-action suits against KB Home expand to Florida, North Carolina and South Carolina
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Buy These Stocks and Make Money
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Bank of America Scrambles to Provide Mortgage Relief
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Homebuyers, union allege deception by builders
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The Financial Crisis: This Dayâ€"One Year Ago, Sept. 14, 2008
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Washington D.C. joins Countrywide settlement
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August 7, 2008 Thursday: Jobs Disappear; AIG's Woes
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SEC escalating enforcement
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Bank of America earns $2.4 billion
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Countrywide fraud case hinges on disclosures to investors
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Bank of America Mortgage
News & Analysis
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banking and countrywide financial corp. - All News and Analysis
Progressive Following on Countrywide Financial Corporation.
M2 PRESSWIRE-13 March 2008-Street Tips: Progressive Following on Countrywide Financial CorporationC1994-2008 M2 COMMUNICATIONS LTD RDATE:13032008 Streetinvesting.com has now resumed our progressive review of Countrywide Financial Corporation (NYSE:CFC) after it traded down 6% Wednesday, early in the morning, with below-average...
Union calls for boycott of Countrywide Bank
LOS ANGELES -- A national labor union launched a campaign Monday against Countrywide Financial Corp., calling on members and other consumers to boycott the mortgage lender's banking subsidiary until it guarantees it won't foreclose on borrowers who have fallen behind on adjustable rate loans. UNITE HERE, which represents...
Rebuilding Together and Countrywide Volunteers Provide Home Improvements for Injured Soldier
To: LIFESTYLES EDITORSContact: Becky Carter, Program Manager for Rebuilding Together, +1-202-302-1139; or Rick Simon, 1st VP of Corporate Communications for Countrywide, +1-800-796-8448 EL PASO, Texas, Nov. 17 /PRNewswire-USNewswire/ -- Rebuilding TogetherR, the nation's largest volunteer home rehabilitation organization, is providing modifications and repairs at the home of Operation Iraqi Freedom...
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?
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...
Countrywide boosts borrowing capacity by another $12 billion
CALABASAS -- Countrywide Financial Corp. boosted its borrowing capacity by $12 billion as the mortgage lender struggles to weather the slowdown in the housing market, the company said Thursday. The move came after the largest U.S. home lender borrowed $11.5 billion and sold a $2 billion stake...
Mortgage lender cuts 12,000 jobs
LOS ANGELES AP -- Struggling lender Countrywide Financial Corp. said Friday it will cut as many as 12,000 jobs as it struggles to deal with challenging conditions in the mortgage industry. The company said the cuts, amounting to as much as 20 percent of its work force, are...
Current Research on Countrywide Financial Corp.
M2 PRESSWIRE-12 June 2007-Blue Chip News: Current Research on Countrywide Financial CorpC1994-2007 M2 COMMUNICATIONS LTD RDATE:12062007 Current Research on Countrywide Financial Corp (NYSE:CFC) Countrywide Financial Corporation, a holding company, engages in mortgage lending and other finance-related operations. The company...
Who's who in wholesale 2006: here's our annual story on the top wholesale and correspondent lenders. Last year was a year of many stories in the wholesale lending space
Last year was an interesting one in many ways for the mortgage banking business and the overall industry. For one, 2006 was the transitional year that separated a world of attitudes--from "Anyone and everyone who wants a mortgage can get one" to "On further inspection, maybe that's not such a...
Shareholders alert for Countrywide Financial Corp.
M2 PRESSWIRE-11 May 2007-bellwetherreport.com: Shareholders alert for Countrywide Financial CorpC1994-2007 M2 COMMUNICATIONS LTD RDATE:11052007 Shareholders alert for Countrywide Financial Corp (NYSE:CFC) Countrywide Financial Corporation, a holding company, engages in mortgage lending and other finance-related operations. The company operates...
US Congress seeks to avert home foreclosure 'tsunami'
WASHINGTON AFP — US lawmakers Thursday called on the multitrillion-dollar mortgage industry to tighten up its lending practices and said they were mulling legislation to crack down on predatory lenders. A slump in the US housing market, following several years of spectacular growth, has seen home foreclosures jump in...
Industry Transcripts by Seeking Alpha
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VeriFone Holdings, Inc. F4Q09 (Qtr End 10/31/09) Earnings Call Transcript
on Dec 14, 2009about PAY
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H&R Block, Inc. F2Q10 (Qtr End 10/31/09) Earnings Call and Investment Community Conference Transcript
on Dec 08, 2009about HRB
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Navios Maritime Holdings Inc. Q3 2009 Earnings Call Transcript
on Nov 18, 2009about NM
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Progressive Corp. Q3 2009 Earnings Call Transcript
on Nov 11, 2009about PGR
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Nelnet Inc. Q3 2009 Earnings Call Transcript
on Nov 10, 2009about NNI
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