Countrywide Financial Corp. was founded in 1969 with a commitment to break down the barriers to owning a home. Today Countrywide, the biggest US mortgage lender, has helped millions of families find ways to accomplish their home ownership needs, whether buying a first home or refinancing their current loan.
Countrywide operates in 5 segments: mortgage banking (originates, purchases, securitizes, and services mortgages), capital markets, insurance, banking and global operations. The Banking segment consists of Countrywide Bank, Federal Savings Bank and Countrywide Warehouse Lending. Countrywide Bank primarily originates and purchases mortgage loans and home equity lines of credit for investment purposes.