Rule 424(b)(3)

                                          File Nos. 333-114270 and 333-114270-03


PRICING SUPPLEMENT NO. 6 DATED August 20, 2004
(To Prospectus and Prospectus Supplement Dated April 21, 2004)


                                                    COUNTRYWIDE HOME LOANS, INC.

                                                     Medium-Term Notes, Series M
                                      Due Nine Months or More From Date of Issue

                                          Payment of Principal, Premium, if any,
                            and Interest Fully and Unconditionally Guaranteed by
                                               COUNTRYWIDE FINANCIAL CORPORATION
                                                          Floating Rate Notes



Trade Date:                August 20, 2004                    Book Entry:    |X|
Issue Price:               100%                               Certificated:  |_|
Original Issue Date:       August 25, 2004    Principal Amount:     $543,000,000
Stated Maturity Date:      August 25, 2006    Net Proceeds:         $542,457,000
                                              Specified Currency:   U.S. Dollars


Base Rate(s):       |_|   CD Rate  |_|   Eleventh District      |_|   Prime Rate
                                         Cost of Funds Rate

|_|   Commercial Paper Rate   |_|   Federal Funds Rate       |_|   Treasury Rate
|_|   CMT Rate                |X|   LIBOR                    |_|   Other
                 Telerate Page 7051[ ]             Telerate Page [ ]
                 Telerate Page 7052[ ]             Reuters Page [ ]

                            |_|  Weekly Average          Currency:[ ]
                               |_| Monthly Average

Exchange Rate Agent:       N/A


Minimum Denomination:      $1,000    Maximum Interest Rate:                 N/A
Initial Interest Rate:     1.92%     Minimum Interest Rate:                 N/A
Interest Determination Dates:  Two London Business Days
                             prior to each Interest
                               Payment Date

Interest Factor Convention:            N/A

                                             Index Maturity:            3 months
Interest Reset Dates:      Same as Interest Payment Dates
Spread (plus or minus):    plus 17 basis points
Spread Multiplier:                     N/A
Interest Payment Dates:    Quarterly on the 25th of
                           February, May, August, and
                          November, commencing November
                           25, 2004
                                      Fixed Rate Commencement Date:          N/A
                                      Fixed Interest Rate:                   N/A

     Agents:  ABN  AMRO  Inc.,   Deutsche  Bank  Securities  Inc.,   Countrywide
Securities Corporation, and Wachovia Securities Inc.
Calculation Agent:        The Bank of New York


Redemption:                                               Repayment:

     Check box opposite applicable paragraph: Check box opposite applicable
paragraph:

     |x| The Notes cannot be redeemed prior to maturity. |x| The Notes cannot be
repaid prior to maturity.

     |_| The Notes may be redeemed prior to maturity. |_| The Notes may be
repaid prior to maturity.
     Initial Redemption Date:                        Optional Repayment Dates:
     Initial Redemption Percentage:
     Annual Redemption Percentage Reduction, if any:

Estate Option:  Check box if the Estate Option is applicable  |_|


Additional/Other Terms:             N/A









     The Notes to which this Pricing Supplement relates will constitute
unsecured and unsubordinated indebtedness of Countrywide Home Loans and will
rank equally with other unsecured and unsubordinated indebtedness of Countrywide
Home Loans. As of June 30, 2004, Countrywide Financial Corporation had no
secured indebtedness outstanding, and Countrywide Home Loans had $3,403,640,809
aggregate principal amount of secured indebtedness outstanding, including
$2,496,749,402 of intercompany borrowings. As of that date, Countrywide Home
Loans had $23,975,002,250 aggregate principal amount of unsecured and
unsubordinated indebtedness outstanding, which indebtedness ranked equally with
the other unsecured and unsubordinated indebtedness of Countrywide Home Loans
and will rank equally with the Notes to which this Pricing Supplement relates.


     You should rely only on the information contained or incorporated by
reference in this Pricing Supplement and the accompanying Prospectus Supplement
and Prospectus. Countrywide Home Loans, Inc. and Countrywide Financial
Corporation have not, and the Agent(s) have not, authorized any other person to
provide you with different information. If anyone provides you with different or
inconsistent information, you should not rely on it. Countrywide Home Loans,
Inc. and Countrywide Financial Corporation are not, and the Agent(s) are not,
making an offer to sell these securities in any jurisdiction where the offer or
sale is not permitted.

     You should assume that the information appearing in this Pricing Supplement
and the accompanying Prospectus Supplement and Prospectus is accurate as of the
date on the front cover of this Pricing Supplement only. The business, financial
condition, results of operations and prospects of Countrywide Home Loans, Inc.
and Countrywide Financial Corporation may have changed since that date.