Rule 424(b)(2)
                                          File Nos. 333-131707 and 333-131707-03

                                                                  Rule 424(b)(2)
                                          File Nos. 333-131707 and 333-131707-03


PRICING SUPPLEMENT NO. 142 DATED JULY 2, 2007

     (To  Prospectus  Dated  February 9, 2006 and  Prospectus  Supplement  Dated
February 13, 2006)

                        COUNTRYWIDE FINANCIAL CORPORATION
                           Medium-Term Notes, Series B
                   Due Nine Months or More From Date of Issue
                     Payment of Principal, Premium, if any,
              and Interest Fully and Unconditionally Guaranteed by
                          COUNTRYWIDE HOME LOANS, INC.
                                Fixed Rate Notes



Trade Date:                July 2, 2007       Book Entry:    |X|
Public Offering Price:     100.00%            Certificated:  |_|
Agent Discount:            0.331%             Principal Amount:    $1,729,000.00
Purchase Price:
99.669%                    Net Proceeds:                     $1,723,277.01
Original Issue Date:       July 6, 2007       Specified Currency:  U.S. Dollars
Stated Maturity Date:      July 15, 2008
Interest Rate:             5.25%



Exchange Rate Agent:       N/A

Agent:                     Countrywide Securities Corporation

Minimum Denomination:      $1,000


Interest Payment Date:     July 15, 2008

                           Record Date: July 1, 2008


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  |X|

Additional/Other Terms:









         The Notes to which this Pricing Supplement relates will constitute
unsecured and unsubordinated indebtedness of Countrywide Financial Corporation
and will rank equally with other unsecured and unsubordinated indebtedness of
Countrywide Financial Corporation. As of March 31, 2007, Countrywide Financial
Corporation, on an unconsolidated basis, had $21,130,214,000 aggregate carrying
value of unsecured and unsubordinated indebtedness outstanding (excluding
guarantees), which indebtedness ranked equally with the other unsecured and
unsubordinated indebtedness of Countrywide Financial Corporation and will rank
equally with the Notes to which this Pricing Supplement relates, $2,523,556,000
aggregate carrying value of unsecured and subordinated indebtedness outstanding
and $235,913,000 of intercompany notes payable. As of that date, Countrywide
Home Loans, Inc., on an unconsolidated basis, had $10,461,012,000 aggregate
carrying value of unsecured and unsubordinated indebtedness outstanding
(excluding guarantees), including $0 of intercompany borrowings, which
indebtedness ranked equally with the other unsecured and unsubordinated
indebtedness of Countrywide Home Loans, Inc. and will rank equally with the
Guarantees 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 Financial Corporation and Countrywide Home Loans
have not, and the Agent has 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 Financial Corporation and
Countrywide Home Loans are not, and the Agent is 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
Financial Corporation and Countrywide Home Loans may have changed since that
date.