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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Fed Says Bank Of America Must Find Some Businesses To Sell
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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
News & Analysis
Filter by
countrywide financial corp. and mortgages - All News and Analysis
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
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
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...
Perk Walk: Countrywide Edition
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
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...
Loan deal prompts charity gift
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...
Progressive Following on Countrywide Financial Corporation.
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.
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...
Progressive Following on Countrywide Financial Corporation.
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...
Countrywide: Foreclosure, delinquency rate increases
LOS ANGELES -- Countrywide Financial Corp. said Friday home loan delinquencies and foreclosures rose in January as more borrowers struggled to make their mortgage payments. The nation's largest mortgage lender and servicer said loan delinquencies as a percentage of unpaid principal balance increased to 7.47 percent last...
6 lenders expand efforts to aid struggling borrowers
Six major lenders agreed to widen their efforts to help borrowers of all loans -- not just subprime -- and allow seriously overdue homeowners to suspend foreclosures for 30 days while affordable loans are worked out. The plan, called Project Lifeline, is to be announced today by the...
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Glass Door
Countrywide Financial
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