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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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., settles with BofA unit
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Washington D.C. joins Countrywide settlement
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Investor Challenge to Countrywide Mods Continues
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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
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SEC v. Mozilo: Repairing the Financial Services Industry
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Great Call on ConocoPhillips! What's Next?
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Countrywide exec often warned about mortgage risks
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SEC Charges Run Deep.
News & Analysis
Filter by
countrywide financial corp. and finance - All News and Analysis
Brown Rudnick Announces Settlement Reached in Lawsuit Regarding Countrywide's Series B Floating Rate Convertible Senior Debentures Due 2037
- 2008-10-10
Countrywide agrees to commence tender offer for the Debentures NEW YORK -- Brown Rudnick LLP, a premier international law firm, today announced that The Bank of New York Mellon (the "Trustee"), solely in its capacity as Indenture Trustee, and Countrywide Financial Corporation ("Countrywide") settled their ongoing litigation filed in...
Mortgage lenders feel the wrath of a Federal Judge and Attorneys General: a District Court judge in Wisconsin grants class-action status to plaintiffs, and attorneys general file suit against Countrywide
- 2008-09-15
It's a case that's got bankers and other mortgage lenders and brokers quivering in their collective wing tips because the exposures could run into the hundreds of millions, if not the billions, of dollars. A lawsuit filed in 2005 by a Cedarburg, Wis., couple alleging deceptive lending practices on...
Major presence by countrywide raises questions: company has several offices, many workers in Simi Valley
- 2008-08-18
With five buildings and thousands of employees located in the city, Simi Valley is the main West Coast presence of Countrywide Financial Corp. The company's Simi campus is also the second largest in the nation, although it is now under the ownership of Bank of America following a $2.5...
Sprint Nextel reports loss, stock slides
- 2008-08-06
Telecom Sprint Nextel reports 2Q loss, stock slides: Sprint Nextel Corp.'s up-and-down road to recovery continued Wednesday as the company reported adjusted second-quarter results that beat Wall Street expectations as well as a slower loss of subscribers. But the nation's third-largest wireless carrier also said it expected customer...
Perk Walk: Countrywide Edition
Portfolio.com
- 2008-08-05
The Alfred E. Neuman "What? Me Worry?" Award of the Week goes to... Step on up, David Sambol, the soon-to-be former chief operating officer of the soon-to-be-extinct Countrywide Financial Corp. Apparently undaunted by his company's cratering on his watch, Sambol...
Grand jury investigating 3 lenders
- 2008-07-25
LOS ANGELES -- A federal grand jury is investigating subprime mortgage lenders Countrywide Financial Corp., New Century Financial Corp. and IndyMac Federal Bank, a person familiar with the situation told The Associated Press on Thursday. Subpoenas seeking documents have been issued to all three companies, according to the...
New Analyst Reports for NATIONAL CITY CORPORATION, COUNTRYWIDE FINANCIAL CORP, CRYSTALLEX INTERNATIONAL CORPORATION, and FANNIE MAE
- 2008-06-24
Free Analyst Review MaybachFinancial.com is one of the fastest growing independent and unbiased research firms in the world. Through our numerous partnerships with many of the top investment minds in the world, we provide research on companies making a move in the markets. Investors seeking genuine analyst opinions on...
Loan deal prompts charity gift
- 2008-06-15
WASHINGTON -- Senate Budget Committee Chairman Kent Conrad said Saturday he is donating $10,500 to charity and refinancing his loan on an apartment building after reviewing documents showing he received special treatment from Countrywide Financial Corp. Conrad said it appears that Countrywide waived 1 point on his mortgage...
Judge says countrywide must face ATRS lawsuit
- 2008-05-19
A Los Angeles judge has ruled that Countrywide Financial Corp., a mortgage lender, must face a lawsuit led by the Arkansas Teacher Retirement System and other shareholders. In its lawsuit, ATRS and other shareholders allege all manner of improprieties at Countrywide, including insider trading among executives, breach of fiduciary...
Federal Court Upholds Derivative Complaint Alleging Federal and State Law Claims Against Countrywide Officers and Directors, According to Bernstein Litowitz Berger & Grossmann LLP
- 2008-05-15
The federal district court overseeing a derivative action concerning the collapse of Countrywide Financial Corporation (NYSE: CFC) issued an important ruling today upholding, in large part, the plaintiffs' claims against certain officers and directors of the Company. The action alleges breaches of fiduciary duty by Countrywide's officers and directors,...
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