CountryWide.com Bank of America's home mortgage services

Countrywide Financial

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CountryWide.com is the Official web portal for the Country Wide Financial. Countrywide Financial provides mortgage loans, home loans and refinancing. Its headquarters is in Calabasas, California. It offers a wide range of other diversified financial services including banking, insurance and investments. CF is listed as a Fortune 500 company.

CEO: Angelo R. Mozilo Stock Symbol CFC

Countrywide was formed in 1969 by Angelo R. Mozilo and David Loeb with a mission to help 1st time homeowners obtain loans. It is divided into several business units

Mortgages and Loan products

Countrywide Home loans offers refinance, first time, home equity, multi family and commercial loans. Clients and visitors can review plans from the corporate site and register for accounts to manage existing accounts. Price quotes are also available for various products offered by Countrywide. They also offer home loans for clients with less that perfect credit with a promise of 4 of 5 applications approved and promotes itself as the number 1 home loaner in the U.S.

Banking

Countrywide Banking offers various banking products including Certificates of Deposit (CD’s), online Savings accounts with rates as high as 5.4%, Money Market account ands Credit cards. Their SavingsLink savings account allows you to connect to any other account, even at another institution if needed. One advantage of this would be check over-draft protections.

Insurance

As a diversified financial company Countrywide insurance services (CIS) also offers a number of insurance products including homeowner, condo, boat, auto, health, life, renters, accidental death, commercial, disaster protection, homeowner warranty and other insurance products with individualized price quotes available on their website and customers can manage their polices from the website also. Countrywide insurance services has offices nationally in CA, TX, AZ, FL, OH and MA. It does not offer insurance for HI, WY, and KY.

Investment

Countrywide Investment Services also functions as a dealer broker for underwriting and trading mortgage supported securities. It offers full service investment brokerage (Non FDIC insured) and investment planning for customers with online access, some services include retirement planning, stocks and bonds, annuities, and college planning.

Lawsuits

Country wide was sued in 2003 on allegations that it overworked it’s employees, making them work 10-15 hours and 6-7 days a week without offering overtime pay. Careers with the company include training an mentoring in the home service industry including business opportunities for entrepreneurs while als offering Diversity as an Equal opportunity employer.

Revenue and Partnerships

CF made a 2005 revenue of $10,016.71 million with operating income of 4,147.77 million and net income of $2,528.09 million. It also had assets worth $175,085,370. Investors can view stock information at Courtrywide.com and also call in for live assistance. Various foreign operations in India and the U.K work with Countrywide to provide loan and service solutions. U.K based Barclay’s Bank provided $20.3 billion in loans via Countrywide Financial as a joint venture operation. Other partners include various Countrwide units like Country wide Realtor advantage and non Countrwide partners like Reconstruct company N.A and Landsafe realestate closing services.

Languages

English

Address

4500 Park Granada
Calabasas CA 91302 US

Additional Information

Related Domains

External Links



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