Countrywide Home Loans

GPTKB entity

Statements (47)
Predicate Object
gptkbp:instanceOf Mortgage Lender
gptkbp:acquisition gptkb:Bank_of_America
2008
gptkbp:dissolved 2008
gptkbp:employees approximately 60,000 (2006)
gptkbp:financials 2008 financial crisis
gptkbp:founded 1969
gptkbp:founder gptkb:Angelo_Mozilo
gptkbp:headquarters gptkb:Calabasas,_California
https://www.w3.org/2000/01/rdf-schema#label Countrywide Home Loans
gptkbp:industry Financial_Services
gptkbp:keyPeople gptkb:Stanford_Kurland
gptkb:David_Sambol
gptkb:Angelo_Mozilo
gptkbp:marketShare 20% (2006)
gptkbp:notableEvent Subprime mortgage crisis
Bankruptcy filing
Acquisition_by_Bank_of_America
gptkbp:parentCompany gptkb:Countrywide_Financial_Corporation
gptkbp:parentOrganization gptkb:Countrywide_Financial_Corporation
gptkbp:reputation Controversial
Legal issues
Regulatory scrutiny
Consumer complaints
Impact on financial regulations
Predatory lending practices
Impact on housing market
High foreclosure rates
Impact on consumer trust
Impact on mortgage industry
Bank_of_America_acquisition_aftermath
gptkbp:revenue $1.5 billion (2006)
gptkbp:serviceArea gptkb:United_States
gptkbp:services Mortgage Services
Home Loans
gptkbp:subsidiary gptkb:Countrywide_Bank
gptkb:Countrywide_Securities_Corporation
gptkbp:type Public Company
gptkbp:typeOf Conventional loans
Subprime loans
Adjustable-rate mortgage
Fixed-rate mortgage
Home equity line of credit
FHA_loans
VA_loans
Jumbo_loans
gptkbp:website www.countrywide.com