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 strategy - All News and Analysis
Two mortgage industry alliances reach out to at-risk borrowers
- 2007-12-01
Two separate private-sector coalitions have formed within the mortgage industry--with members including the Mortgage Bankers Association MBA and Calabasas, California-based Countrywide Financial Corporation--both with the goal of preserving homeownership by reaching out to borrowers at risk of defaulting on their mortgages. In October, Countrywide and the Neighborhood Assistance Corporation...
Conventional wisdom: here is some of what was heard and seen in Boston during the annual convention of the Mortgage Bankers Association
- 2007-12-01
The Boston air was crisp, the sun was shining, the leaves were turning, and the anxiety was everywhere. Mortgage bankers and others tied to the mortgage business gathered for the annual convention of the Mortgage Bankers Association MBA. [??] Nervous executives peeled off into little groups, their hands wrapped around...
Change is the only constant
- 2007-10-01
As hard as it is for me to believe, this is my third anniversary of authoring Deal Talk. To say this anniversary is marked by unprecedented turbulence in the mortgage market, I suppose, could make me the master of understatement. The U.S. housing crisis is front-page news around the world....
Countrywide struggles to regain its footing
- 2007-09-15
LOS ANGELES -- Countrywide Financial Corp. grew from a two-man startup in 1969 to become the nation's leading mortgage lender by deftly riding out housing boom-and-bust cycles. This time around, however, the ride has been a lot rougher, leaving the company in a scramble to regain its...
Risk, Luck, & Fate: If Only Countrywide Had Struck Oil
- 2007-09-01
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...
Bi-weekly top losers
- 2007-08-06
BI-WEEKLY TOP LOSERS TOP 10 LOSERS BY PERCENTAGE August 1 July 18 ...
Who's who in wholesale 2006: here's our annual story on the top wholesale and correspondent lenders. Last year was a year of many stories in the wholesale lending space
- 2007-06-01
Last year was an interesting one in many ways for the mortgage banking business and the overall industry. For one, 2006 was the transitional year that separated a world of attitudes--from "Anyone and everyone who wants a mortgage can get one" to "On further inspection, maybe that's not such a...
The Valley 50 stock index
- 2006-08-28
THE VALLEY 50 STOCK INDEX Company Aug. 23 ...
Who's who in wholesale 2005: countrywide once again emerged as the top firm out of this annual ranking of wholesale and correspondent lenders
- 2006-08-01
Last year saw mortgage banking activity hold steady, no volatility up or down. Primary market origination activity froze at $2.9 trillion in 2005, per the Mortgage Bankers Association MBA--virtually the same as the year before. Overall, it was the second-best $2.8 trillion. [??] Though mortgage volume held pat, there were...
Countrywide Financial Corporation Expands KNOVA Implementation to Enhance Self-Service and Help Desk Support
- 2006-05-25
KNOVA Software, Inc.TM, (OTCBB: KNVS), a leading provider of Service Resolution Management applications, today announced that Countrywide Financial Corporation, a leading provider of consumer and business-to-business financial services, will deploy KNOVA's award-winning self-service application to enhance support for its more than 60,000 loan specialists and branch team members. In...
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