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Countrywide Financial Corporation

 

CFC

Countrywide Financial Corporation is a diversified financial service holding company engaged mainly in residential mortgage banking and related businesses. It operates in five units: Mortgage Banking, which originates, purchases, securitizes and services mortgage loans; Capital Markets, which operates as an institutional broker-dealer that primarily specializes in trading and underwriting mortgage-backed securities; Insurance, which offers property, casualty, life and credit insurance as an underwriter and as an independent agent; Banking, which operates a federally chartered bank that primarily invests in mortgage loans and home equity lines of credit primarily sourced through its mortgage banking operation, and Global Operations, which provides mortgage loan application processing and mortgage loan servicing.

 

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