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FACTBOX: Countrywide Financial at a glance
(Reuters) - Countrywide Financial Corp CFC.N agreed on Friday to be purchased by Bank of America (BAC.N) for $4 billion. The mortgage lender, battered by the subprime crisis, had a market value of $26 billion less than a year ago.
The following are selected facts about the largest U.S. mortgage lender.
COMPANY
Founded: 1969 by David Loeb and Angelo Mozilo, both New Yorkers, as Countrywide Credit Industries. Went public the same year. Changed name to Countrywide Financial Corp in 2002.
Headquarters: Calabasas, California
Chairman and Chief Executive: Angelo Mozilo
President and Chief Operating Officer: David Sambol
Major business operations: mortgage banking, Countrywide Bank, capital markets, insurance
Employees: 50,600 (following about 11,000 job cuts in 2007)
Countrywide Bank assets: $101 billion as of September 30
FINANCIAL AND LENDING INFORMATION
EARNINGS
2006 net income: $2.67 billion
2006 net income per share: $4.30
2007 third-quarter net loss: $1.2 billion
2007 third-quarter net loss per share: $2.85
DEPOSITS: $61 billion
LOAN DATA
2006 mortgage lending: $462.5 billion
2007 mortgage lending: $408.2 billion
LOAN SERVICING DATA
Servicing portfolio: $1.48 trillion
Loans serviced: 9.03 million
Delinquencies rate on unpaid balances: 7.2 percent in December versus 4.6 percent a year ago
Foreclosure rate: 1.44 percent in December versus 0.7 percent a year ago.
Mortgage loans funded: $23.4 billion in December versus $41.7 billion a year ago.
Subprime loans funded: $600 million in December versus $3.74 billion a year ago.
Sources: Countrywide December operational results, regulatory filings
(Reporting by Ed Leefeldt and Jonathan Stempel)










