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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countrywide financial corp. and security - All News and Analysis
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-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...
On Deadline
Countrywide’s Shares Continue To Fall CALABASAS, Calif.–Shares of Countrywide Financial Corp., the nation's largest mortgage lender, plunged last week after the company denied rumors that it was planning to file for bankruptcy protection. Countrywide shares, in a free-fall the past eight months, fell more than 28% yesterday to $5.47,...
Fitch Places Countrywide on Watch Positive; Affirms BAC and Maintains Negative Outlook
CHICAGO -- Fitch Ratings has affirmed ratings on Bank of America Corporation BAC and its affiliates following BAC's announcement earlier today of its decision to purchase Countrywide Financial Corporation CFC. BAC's Rating Outlook remains Negative. The ratings of CFC are placed on Rating Watch Positive. Key ratings affected are listed...
Security Solutions International Orders Purchase of Universal Detection Technology Ricin Toxin detection kits.
M2 PRESSWIRE-11 January 2008-InvestSource Inc.: Security Solutions International Orders Purchase of Universal Detection Technology Ricin Toxin detection kitsC1994-2008 M2 COMMUNICATIONS LTD RDATE:11012008 Stocks in the News: Universal Detection Technology, Inc. (OTC BB: UDTT), Northrop Grumman Corporation (NYSE: NOC), TASER...
Schubert & Reed LLP Issues Notice of Pendency of Class Action Against Countrywide Capital V and Others
SAN FRANCISCO -- On November 16, 2007, Schubert & Reed LLP filed a class action lawsuit in the United States District Court, Central District of California, on behalf of all persons who purchased the 7% Capital Securities ("the Capital Securities") of Countrywide Capital V ("CCV") from the date of CCV's...
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...
Anatomy of a meltdown
The subprime meltdown spilled over into other financial markets over the summer. Investors fled the private-label residential mortgage-backed securities market, shutting it down in early August. Facing margin calls, falling asset values, no buyers for non-agency bonds and no buyers for mortgages originated for the private-label market, mortgage companies large...
Risk, Luck, & Fate: If Only Countrywide Had Struck Oil
Far be it from us to predict the fate of Countrywide Financial Corp., America's largest home lending institution, which - along with many others - apparently dined heartily on subprime mortgages.As this issue goes to press, it would seem that the fate of Countrywide could now either validate the company's...
Countrywide Financial Corp Announces May Results.
M2 PRESSWIRE-13 June 2007-investorIM: Countrywide Financial Corp Announces May ResultsC1994-2007 M2 COMMUNICATIONS LTD RDATE:13062007 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...
Industry Transcripts by Seeking Alpha
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Glass Door
Countrywide Financial
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