Company Overview

Countrywide Financial Corporation operates mortgage banking, capital markets, insurance, and banking businesses, both in the United States and internationally. Its principal subsidiary, Countrywide Home Loans, is in the residential mortgage banking business. Countrywide also operates an institutional broker-dealer that specializes in the mortgage-backed securities market, and offers property and casualty insurance (homeowners' and auto) as well as life and disability insurance. It also provides reinsurance coverage to primary mortgage insurance carriers. Countrywide also operates a nationally chartered bank, and through its global segment offers residential mortgage loan application processing and servicing for financial institutions in the United Kingdom.