Company Profile
  

Founded in 1969, Countrywide Credit Industries, Inc. is a member of the S&P 500 and the Forbes 500. The company provides consumer and business-to-business financial services in domestic and international markets. Consumer businesses include residential mortgages, loan closing services, consumer insurance and other financial products. Business-to-business activities encompass capital markets, processing and technology, and insurance products. The company is headquartered in Calabasas, California and has more than 12,000 employees. Principal subsidiaries of the company include:

  • Countrywide Home Loans, Inc., which originates, purchases, securitizes, sells and services home loans
  • Full Spectrum Lending, Inc., a sub-prime residential lender
  • LandSafe, Inc., a provider of loan closing services
  • Countrywide Insurance Services, Inc., a full service insurance agency
  • Countrywide Capital Markets, a mortgage-related investment banker
  • Balboa Life and Casualty, a national provider of property, liability and life insurance
  • Countrywide owns 50 percent of Global Home Loans, Limited, a European mortgage banking joint venture
For more information, please visit Countrywide's website at www.countrywide.com.

 




Certain of the information included in this Annual Report may contain forward-looking statements. These forward-looking statements are subject to certain risks and uncertainties, which could cause actual results to differ materially from historical results or those anticipated due to a number of factors such as the direction and level of interest rates, competitive and general economic conditions in each of our business sectors, expense and loss levels in our mortgage, insurance and other business sectors, general economic conditions in the United States and abroad and in the domestic and international areas in which we do business, regulatory and legislative environments in which the company operates, changes in accounting and financial reporting standards, decisions by the company to change its business mix, and other risks detailed in documents filed by the company with the Securities and Exchange Commission from time to time. Words like "believe," "expect," "should," "may," "could," "anticipated," "promising" and other expressions which indicate future events and trends identify forward-looking statements. The company undertakes no obligation to publicly update or revise any forward-looking statements.