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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Condo project lending a hand
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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
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SEC v. Mozilo: Repairing the Financial Services Industry
News & Analysis
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countrywide financial corp. and government - All News and Analysis
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...
Beyond borrowers.(predatory lending)
- 2008-05-01
Municipalities themselves have sued lenders and related companies, saying they have lost money protecting or demolishing foreclosed homes and through lost tax revenue. Baltimore has sued Wells Fargo Bank for predatory lending in black neighborhoods. Cleveland has sued 21 Wall Street banks under state public-nuisance law...
Activists tackle nation's biggest lender to stave off foreclosures
- 2008-03-16
FOLKS on Humphrey Hill Drive were still waking up on the icy Saturday morning the shark hunters came to town. They rounded the suburban traffic circle in a pair of rented school buses after a half-hour ride from far more modest neighborhoods, rumbling to a stop at...
Early Market Alerts Speak with Other Investors about TheSUBWAYs New Small Cap Investor Forum: SFMI Company Announced it is Ahead of 2008 Production Schedule!
- 2008-01-17
M2 PRESSWIRE-17 January 2008-TheSubway.com: Early Market Alerts Speak with Other Investors about TheSUBWAYs New Small Cap Investor Forum: SFMI Company Announced it is Ahead of 2008 Production Schedule!C1994-2008 M2 COMMUNICATIONS LTD RDATE:17012008 Visit TheSUBWAY's Small Cap Investor Forum Here:...
Mortgage rate resets only one of many factors in foreclosure mess
- 2007-12-16
NEW YORK IF THE GOVERNMENT really wants to stop home foreclosures from surging, here's a simple plan: Boost Americans' income, put more funding toward medical research and insist on marriage counseling for all. And then start buying up land to raise housing prices. As...
Q & A with Chairman Frank: the House Financial Services Committee has been very active this session on many issues of importance o the mortgage industry. Committee Chairman Barney Frank recently introduced his own anti-predatory-lending bill, and we s
- 2007-12-01
Rep. Barney Frank (D-Massachusetts) became chairman of the House Financial Services Committee when Democrats won back control of the Congress. The chairman has been actively moving an impressive list of legislation out of his committee. And recently he introduced major legislation intended to curb predatory lending and tighten mortgage practices...
More housing troubles foreseen
- 2007-10-30
BEVERLY HILLS, Calif. -- The chief executives of Countrywide Financial Corp. and KB Home predicted more trouble ahead for the nation's slumping housing market on Monday, calling on lawmakers to expand financing for homebuyers. The remarks from Angelo Mozilo of Countrywide, the nation's largest mortgage lender, and Jeffrey...
Shareholders cut stakes in lender Countrywide
- 2007-09-11
LOS ANGELES AP -- Two of Countrywide Financial Corp.'s largest shareholders said in regulatory filings Monday that they have cut their stakes in the mortgage lender, which has slashed jobs and borrowed billions of dollars to stay in business. Both AllianceBernstein LP, once the largest stakeholder in Countrywide,...
Inflection Point: How to Chart Your Path Beyond SOX
- 2007-09-01
Whether viewed as a cost-cutting target or GRC springboard, many companies agree that their compliance activities have arrived at an ...When Countrywide Financial Corp. recently borrowed $11.5 billion from 40 banks, it may not have appeared to be fodder for a case study on effective enterprise risk management.Nonetheless, if the...
Briefly
- 2007-02-05
Calabasas-based mortgage lender Countrywide Financial Corp. is said to be in talks with Bank of America about some type of relationship. Speculation over a possible merger has been good to Countrywide's stock, but many analysts are questioning if a takeover could ever gain traction. BofA has been clear it...
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Countrywide Financial
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