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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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.
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Countrywide Exec Mozilo Charged With Securities Fraud and Insider Trading
News & Analysis
Filter by
countrywide financial corp. and financial - All News and Analysis
Hold on to Your Wallets, Subprime Stan Is Back
Seeking Alpha
- 2009-08-05
Trader Mark submits: I want to post this article in full since it is so excellent. Let me simply say there are certain people in any business who know how to milk the system. In the Wall Street game, if you exclude the mainstream bankers clearly experts I have to...
Countrywide Exec Warned the Fed About Toxic Mortgages
Seeking Alpha
- 2009-06-10
Tom Lindmark submits: Well, this is interesting. If you’ve read the SEC complaint against Countrywide’s Angelo Mozillo and other executives you probably noticed the name John P. McMurray popping up several times. He was the chief risk manager at Countrywide CFC who saw the problems coming, alerted management and was...
SEC vs. Mozilo: Show Trial?
Seeking Alpha
- 2009-06-04
The SEC announced they are going to take on Angelo "Lee" Mozilo, former CEO of Countrywide Financial CFC. They have charged him with insider trading and misleading shareholders. Shocking! Several months ago the SEC sent Mozilo a Wells letter. This a very bad letter to get in the mail....
Forensic Analysis of Lehman Problems
Seeking Alpha
- 2008-08-19
Research Recap submits: Signs of trouble at Lehman Bros LEH were evident as long ago as the summer of 2006, according to Audit Integrity Chairman Jim Kaplan, and could have been detected by the kind of “forensic analysis” his firm employs. “At that time,” he says, “receivables began...
Another Leg Down for Financials Is Coming
Seeking Alpha
- 2008-08-14
Colin Peterson submits: I think there will be at least one more big leg down. I see numerous potential catalysts; here are two:CFC or the creditors file a BK petitionbank failures, e.g. VNBC, BKUNA, and DSL Check out the deterioration in the enormous CFC option-ARM portfolio. (Calculated Risk did...
Is Countrywide Financial Headed for Bankruptcy?
Seeking Alpha
- 2008-08-07
Christopher Whalen submits: Well the first days are the hardest days, Don't you worry any more, 'Cause when life looks like easy Street, there is danger at your door... - "Uncle John's Band", The Grateful Dead by Christopher Whalen
Countrywide: Dogs Howling Over Bare Bones
Seeking Alpha
- 2008-08-06
Michael Shedlock submits: The marriage between Bank of America BAC and Countrywide Financial CFC was supposed to stave off bankruptcy of Countrywide. It might not work out that way. Let's put together some pieces starting with the Bloomberg report BNY Mellon, Citigroup, JPMorgan, Ambac in Court News. Bank...
Progressive Following on Countrywide Financial Corporation.
- 2008-03-14
M2 PRESSWIRE-14 March 2008-MarketMinute: Progressive Following on Countrywide Financial CorporationC1994-2008 M2 COMMUNICATIONS LTD RDATE:14032008 InvestorIM has been created as a tool for the average investor. The idea is simple, a website where the world can communicate. Do you have a stock...
Progressive Following on Countrywide Financial Corporation.
- 2008-02-18
M2 PRESSWIRE-18 February 2008-MarketMinute: Progressive Following on Countrywide Financial CorporationC1994-2008 M2 COMMUNICATIONS LTD RDATE:18022008 InvestorIM has been created as a tool for the average investor. The idea is simple, a website where the world can communicate. Do you have a stock...
Beazer Homes Provides Business Update
- 2008-02-01
Company to Exit Mortgage Origination Business; Enters into Marketing Arrangement with Countrywide; Company Implements Conclusions from Comprehensive Market Review and Provides Certain Preliminary First Quarter Operating Data ATLANTA -- Beazer Homes USA, Inc. (NYSE: BZH) (www.beazer.com) today announced the discontinuation of mortgage origination services through Beazer Mortgage...
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Countrywide Financial
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