Revenue: Over $5 Billion
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About Countrywide Financial Corp.
Countrywide Financial Corp. is currently one of the main subsidiaries and divisions of Bank of America. The company was purchased in 2008 for not less than $4.1 billion. By 2006, it was responsible for about 20% of all the mortgages given in the United States of America.
Practically, it was one of the top funders for average borrowers. Back then, the financing products were evaluated at almost 3.5% of the entire GDP of the country. No other mortgage lender could brag with such numbers. Countrywide Financial Corp. operated in most states too and it had thousands of employees, as well as millions of customers.
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