8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

Date of Report (date of earliest event reported): August 10, 2005

COUNTRYWIDE FINANCIAL CORPORATION

(Exact name of registrant as specified in its charter)

Delaware
(State or other jurisdiction
of incorporation 1-8422
(Commission
File Number) 13-2641992
(IRS Employer
Identification No.)

4500 Park Granada, Calabasas, CA	91302
(Address of principal executive offices)	(Zip Code)

Registrant’s telephone number, including area code: (818) 225-3000

     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

TABLE OF CONTENTS

	Item 2.02. Results of Operations and Financial Condition
	Item 9.01. Financial Statements and Exhibits
SIGNATURE
EXHIBIT INDEX
Exhibit 99.1
Exhibit 99.2

Item 2.02. Results of Operations and Financial Condition

          On August 10, 2005, Countrywide Financial Corporation (the “Company”) issued a press release announcing information regarding its operational statistics for the month ended July 31, 2005, a copy of which is attached as Exhibit 99.1. On August 10, 2005, the Company also made available an updated version of its thirteen-month statistical data report on its website, www.countrywide.com, a copy of which is attached as Exhibit 99.2.

          The information furnished pursuant to this Current Report on Form 8-K (including the exhibits hereto) shall not be considered “filed” under the Securities Exchange Act of 1934, as amended, nor shall it be incorporated by reference into any of the Company’s filings under the Securities Act of 1933, as amended, or under the Securities Exchange Act of 1934, as amended, unless the Company expressly states in such filing that such information is to be considered “filed” or incorporated by reference therein.

Item 9.01. Financial Statements and Exhibits

(c) Exhibits

99.1	Press Release issued by Countrywide Financial Corporation (the “Company”) pertaining to its operational statistics for the month ended July 31, 2005.
99.2	Thirteen-month statistical data report made available by the Company on its website.

SIGNATURE

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	COUNTRYWIDE FINANCIAL CORPORATION
Dated: August 9, 2005	/s/ Anne McCallion
	Anne McCallion
	Senior Managing Director and Chief of Financial Operations and Planning

EXHIBIT INDEX

Exhibit
No.
99.1	Press Release issued by Countrywide Financial Corporation (the “Company”) pertaining to its operational statistics for the month ended July 31, 2005.
99.2	Thirteen-month statistical data report made available by the Company on its website.

EX-99.1

NEWS

INVESTOR CONTACT: (818) 225-3550
David Bigelow or Lisa Riordan

MEDIA CONTACT: (800)796-8448

COUNTRYWIDE REPORTS JULY 2005 OPERATIONAL DATA
– SERVICING PORTFOLIO REACHES $991 BILLION –
– MORTGAGE LOAN PIPELINE STANDS AT $77 BILLION –
– TOTAL ASSETS AT COUNTRYWIDE BANK REACH $70 BILLION –

CALABASAS, CA (August 10, 2005) – Countrywide Financial Corporation (NYSE: CFC) released operational data for the month ended July 31, 2005. Highlights included the following:

• Mortgage loan fundings for the month of July totaled $44 billion, an increase of 48 percent from July 2004. Year-to-date mortgage loan fundings were $256 billion.

– Monthly purchase volume of $21 billion was 20 percent higher than July 2004. Year-to-date purchase activity totaled $123 billion.

– Adjustable-rate loan fundings for the month reached $23 billion, rising 37 percent from July 2004. Year-to-date adjustable-rate fundings totaled $139 billion.

– Monthly home equity loan fundings for July increased by 28 percent from July 2004 to reach $3.6 billion, bringing year-to-date home equity production to $23 billion.

– Nonprime loan fundings totaled $3.7 billion in July, a decline of 3 percent from July 2004. This brought year-to-date nonprime fundings to $24 billion.

– Countrywide Bank funded $3.0 billion of pay-option ARM loans and $0.5 billion of interest-only loans during the month of July 2005. On a consolidated basis, Countrywide funded $8.6 billion in pay-option ARM loans and $8.3 billion in interest-only loans for the month of July 2005.

– It should be noted that the various mortgage loan funding categories listed above are not mutually exclusive and will not necessarily equal 100 percent of total fundings.

• Average daily mortgage loan application activity in July was $3.0 billion, 48 percent greater than the July 2004 level. The mortgage loan pipeline increased by 60 percent from July 2004 to reach $77 billion at July 31, 2005.

• The mortgage loan servicing portfolio continued to rise, reaching $991 billion at July 31, 2005, an increase of $244 billion, or 33 percent, from July 2004.

• Total assets at Countrywide Bank reached $70 billion at July 31, 2005, an increase of 143 percent, or $41 billion, from July 2004.

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2-2-2

• Securities trading volume at Capital Markets totaled $296 billion in July, 11 percent higher than July 2004. Year-to-date securities trading volume surpassed $2.0 trillion.

• Monthly net earned premiums from the Insurance segment were $82 million, up 21 percent from July 2004. Year-to-date net earned premiums totaled $497 million.

• Subservicing volume at Global Home Loans was $106 billion at July 31, 2005, down 4 percent from July 2004.

“Countrywide began the second half of 2005 with solid operational performance for the month of July,” said Stanford L. Kurland, President and Chief Operating Officer. “Production highlights included $44 billion in mortgage loan fundings, led by robust growth in purchase, adjustable-rate and home equity production on a year-over-year basis. August began with a $77 billion pipeline of mortgage loan applications-in-process, indicative of continued strong mortgage loan production for the near-term. The servicing portfolio of $991 billion is poised to exceed the $1 trillion mark, which positions the servicing sector to perform well in a rising rate environment. Inside Mortgage Finance recently reported that Countrywide expanded its lead as the #1 mortgage originator and servicer, with origination share reaching 15.6 percent for the second quarter of 2005 and servicing share increasing to 11.4 percent at June 30, 2005. Total assets at Countrywide Bank reached $70 billion at July month-end, creating a larger base from which to generate net interest income. Both the Capital Markets and Insurance segments produced strong year-over-year operational growth.”

Founded in 1969, Countrywide Financial Corporation is a member of the S&P 500, Forbes 2000 and Fortune 500. Through its family of companies, Countrywide provides mortgage banking and diversified financial services. Mortgage banking businesses include loan production and loan servicing principally through Countrywide Home Loans, Inc., which originates, purchases, securitizes, sells, and services prime and nonprime mortgage loans. Also included in Countrywide’s mortgage banking segment is the LandSafe group of companies which provide loan closing services. Diversified financial services encompass banking, capital markets, insurance, and global operations, largely through the activities of Countrywide Bank, a division of Treasury Bank, N.A., a bank offering depository and home loan products; Countrywide Capital Markets, a mortgage-related investment banker; Balboa Insurance Group, whose companies are national providers of property, life and casualty insurance; Balboa Reinsurance, a captive mortgage reinsurance company; and Global Home Loans, a U.K. mortgage banking joint venture in which Countrywide holds a majority interest. For more information about the Company, visit Countrywide’s website at www.countrywide.com.

This Press Release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, regarding management’s beliefs, estimates, projections, and assumptions with respect to, among other things, the Company’s future operations, business plans and strategies, as well as industry and market conditions, all of which are subject to change. Actual results and operations for any future period may vary materially from those projected herein and from past results discussed herein. Factors which could cause actual results to differ materially from historical results or those anticipated include, but are not limited to: competitive and general economic conditions in each of our business segments; changes in general business, economic, market and political conditions in the United States and abroad from those expected; loss of investment grade rating that may result in an increase in the cost of debt or loss of access to corporate debt markets; reduction in government support of homeownership; the level and volatility of interest rates; changes in interest rate paths; changes in generally accepted accounting principles or in the legal, regulatory and legislative environments in the markets in which the Company operates; the ability of management to effectively implement the Company’s strategies; and other risks noted in documents filed by the Company with the Securities and Exchange Commission from time to time. Words like “believe,” “expect,” “anticipate,” “promise,” “plan,” and other expressions or words of similar meanings, as well as future or conditional verbs such as “will,” “would,” “should,” “could,” or “may” are generally intended to identify forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements.

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3-3-3

COUNTRYWIDE FINANCIAL CORPORATION AND SUBSIDIARIES
OPERATING STATISTICS⁽¹⁾
(Dollars in Millions)

	Month Ended						Year-to-Date
	July 31,			July 31,			July 31,
	2005			2004			2005
LOAN PRODUCTION
Number of Working Days in the Period		20			21			145
Average Daily Mortgage Loan Applications	$	2,973		$	2,006		$	2,599
Mortgage Loan Pipeline (loans-in-process)	$	77,007		$	48,142
Commercial Real Estate Loan Pipeline (loans-in-process)	$	521		$	7
Loan Fundings:
Consumer Markets Division	$	12,644		$	8,841		$	77,151
Wholesale Lending Division		7,058			5,376			44,028
Correspondent Lending Division		18,209			10,405			96,635
Total Mortgage Banking		37,911			24,622			217,814
Capital Markets		659			2,396			7,975
Treasury Bank (2)		5,539			2,686			30,127
Total Mortgage Loan Fundings		44,109			29,704			255,916
Commercial Real Estate Fundings		293			—			1,589
Total Loan Fundings	$	44,402		$	29,704		$	257,505
Loan Fundings in Units:
Consumer Markets Division		69,975			63,813			461,473
Wholesale Lending Division		32,941			30,710			218,149
Correspondent Lending Division		87,669			60,992			488,993
Total Mortgage Banking		190,585			155,515			1,168,615
Capital Markets		2,446			9,949			32,753
Treasury Bank (2)		43,732			26,236			241,751
Total Mortgage Loan Fundings in Units		236,763			191,700			1,443,119
Commercial Real Estate Units		22			—			111
Total Loan Fundings in Units		236,785			191,700			1,443,230
Mortgage Loan Fundings:
Purchase (3)	$	20,982		$	17,541		$	122,897
Non-purchase (3)		23,127			12,163			133,019
Total Mortgage Loan Fundings	$	44,109		$	29,704		$	255,916
Mortgage Loan Fundings by Product:
Government Fundings	$	995		$	1,039		$	5,832
ARM Fundings	$	23,275		$	17,021		$	139,139
Home Equity Fundings	$	3,641		$	2,838		$	23,463
Nonprime Fundings	$	3,661		$	3,785		$	23,917
MORTGAGE LOAN SERVICING(4)
Volume	$	990,624		$	746,905
Units		6,957,389			5,668,620
Subservicing Volume (5)	$	28,783		$	16,843
Subservicing Units		261,325			172,602
Prepayments in Full	$	21,860		$	12,430		$	123,657
Bulk Servicing Acquisitions	$	6,279		$	4,187		$	39,780
Portfolio Delinquency (%) — CHL (6)		3.86	%		3.51	%
Foreclosures Pending (%) — CHL (6)		0.40	%		0.37	%

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COUNTRYWIDE FINANCIAL CORPORATION AND SUBSIDIARIES
OPERATING STATISTICS⁽¹⁾
(Dollars in Millions)

	Month Ended						Year-to-Date
	July 31,			July 31,			July 31,
	2005			2004			2005
LOAN CLOSING SERVICES (units)
Credit Reports		856,161			630,223			5,644,264
Flood Determinations		290,446			243,241			2,025,966
Appraisals		106,283			62,732			656,694
Automated Property Valuation Services		726,083			467,030			4,167,803
Other		13,311			13,252			105,691
Total Units		1,992,284			1,416,478			12,600,418
CAPITAL MARKETS
Securities Trading Volume (7)	$	295,824		$	266,645		$	2,011,939
BANKING
Assets Held by Treasury Bank (in billions)	$	69.6		$	28.6
INSURANCE
Net Premiums Earned:
Carrier	$	67.1		$	54.4		$	395.3
Reinsurance		14.4			13.0			101.2
Total Net Premiums Earned	$	81.5		$	67.4		$	496.5
GLOBAL OPERATIONS
Global Home Loans Subservicing Volume (in billions)	$	106		$	110
Period-end Rates
10-Year U.S. Treasury Yield		4.28	%		4.50	%
FNMA 30-Year Fixed Rate MBS Coupon		5.36	%		5.48	%

(1)	The above data reflect current operating statistics and do not constitute all factors impacting the quarterly and annual financial results of the Company. All figures are unaudited and monthly figures may be adjusted in the reported financial statements of the Company. Such financial statements are provided by the Company quarterly. The Company makes no commitment to update this information for changes in circumstances or events which occur subsequent to the date of this release.
(2)	Treasury Bank funds loans for investment purposes; these loans are processed for Treasury Bank by the Company’s Mortgage Banking production divisions.
(3)	Purchase fundings include first trust deed and home equity loans used as purchase money debt in the acquisition of a home. Non-purchase fundings include first trust deed refinance loans, home equity refinance loans, and stand-alone home equity loans.
(4)	Includes loans held for sale, loans held for investment, and loans serviced under subservicing agreements for others.
(5)	Subservicing volume for non-Countrywide entities.
(6)	Expressed as a percentage of the total number of loans serviced, excluding subserviced loans and portfolios purchased at a discount due to their non-performing status.
(7)	Includes trades with Mortgage Banking Segment.

###

EX-99.2

Exhibit 99.2

COUNTRYWIDE FINANCIAL CORPORATION AND SUBSIDIARIES
ROLLING THIRTEEN MONTH STATISTICAL DATA
(Dollars in millions)

	Jul-04			Aug-04			Sep-04			Oct-04			Nov-04			Dec-04			Jan-05			Feb-05			Mar-05			Apr-05			May-05			Jun-05			Jul-05			YTD
LOAN PRODUCTION
Number of Working Days in the Period		21			22			21			21			21			22			19			19			23			21			21			22			20			145
Average Daily Mortgage Loan Applications	$	2,006		$	2,051		$	2,098		$	1,991		$	2,010		$	1,983		$	2,107		$	2,329		$	2,362		$	2,565		$	2,773		$	3,029		$	2,973		$	2,599
Mortgage Loan Pipeline (loans-in-process)	$	48,142		$	50,024		$	50,887		$	51,990		$	50,638		$	47,768		$	47,842		$	54,774		$	58,803		$	65,791		$	70,491		$	77,009		$	77,007
Commercial Real Estate Loan Pipeline (loans-in-process)	$	7		$	72		$	109		$	229		$	327		$	308		$	233		$	308		$	393		$	361		$	275		$	502		$	521
Loan Fundings:
Consumer Markets Division	$	8,841		$	9,288		$	9,164		$	9,666		$	10,183		$	10,440		$	8,147		$	8,520		$	11,418		$	10,944		$	11,895		$	13,583		$	12,644		$	77,151
Wholesale Lending Division		5,376			6,102			5,881			6,236			6,775			6,992			5,177			5,378			6,802			5,738			6,383			7,492			7,058			44,028
Correspondent Lending Division		10,405			11,152			10,810			9,846			11,594			13,086			10,254			9,648			13,405			12,275			14,448			18,396			18,209			96,635
Total Mortgage Banking		24,622			26,542			25,855			25,748			28,552			30,518			23,578			23,546			31,625			28,957			32,726			39,471			37,911			217,814
Capital Markets		2,396			1,592			2,123			729			1,082			2,234			2,190			1,050			950			629			713			1,784			659			7,975
Treasury Bank (1)		2,686			2,988			3,020			2,740			1,734			1,978			2,477			2,310			3,734			4,819			5,237			6,011			5,539			30,127
Total Mortgage Loan Fundings		29,704			31,122			30,998			29,217			31,368			34,730			28,245			26,906			36,309			34,405			38,676			47,266			44,109			255,916
Commercial Real Estate Fundings		—			—			3			48			126			181			247			226			91			112			335			285			293			1,589
Total Loan Fundings	$	29,704		$	31,122		$	31,001		$	29,265		$	31,494		$	34,911		$	28,492		$	27,132		$	36,400		$	34,517		$	39,011		$	47,551		$	44,402		$	257,505
Loan Fundings in Units:
Consumer Markets Division		63,813			67,019			64,123			67,098			75,600			72,025			53,993			56,651			69,690			66,748			68,642			75,774			69,975			461,473
Wholesale Lending Division		30,710			34,422			32,818			33,390			37,491			38,476			26,805			27,846			35,407			29,500			31,153			34,497			32,941			218,149
Correspondent Lending Division		60,992			64,659			60,219			55,413			68,947			74,305			57,064			51,625			68,324			62,239			72,656			89,416			87,669			488,993
Total Mortgage Banking		155,515			166,100			157,160			155,901			182,038			184,806			137,862			136,122			173,421			158,487			172,451			199,687			190,585			1,168,615
Capital Markets		9,949			6,948			10,288			2,868			4,523			9,665			10,673			3,582			3,774			2,665			2,430			7,183			2,446			32,753
Treasury Bank (1)		26,236			28,829			28,736			28,081			8,862			13,389			19,904			19,969			33,006			38,171			41,036			45,933			43,732			241,751
Total Mortgage Loan Fundings in Units		191,700			201,877			196,184			186,850			195,423			207,860			168,439			159,673			210,201			199,323			215,917			252,803			236,763			1,443,119
Commercial Real Estate Units		—			—			1			6			10			13			6			11			9			9			23			31			22			111
Total Loan Fundings in Units		191,700			201,877			196,185			186,856			195,433			207,873			168,445			159,684			210,210			199,332			215,940			252,834			236,785			1,443,230
Mortgage Loan Fundings:
Purchase (2)	$	17,541		$	17,797		$	17,001		$	14,884		$	15,154		$	16,533		$	12,666		$	12,052		$	16,502		$	16,913		$	19,759		$	24,023		$	20,982		$	122,897
Non-purchase (2)		12,163			13,325			13,997			14,333			16,214			18,197			15,579			14,854			19,807			17,492			18,917			23,243			23,127			133,019
Total Mortgage Loan Fundings	$	29,704		$	31,122		$	30,998		$	29,217		$	31,368		$	34,730		$	28,245		$	26,906		$	36,309		$	34,405		$	38,676		$	47,266		$	44,109		$	255,916
Mortgage Loan Fundings by Product:
Government Fundings	$	1,039		$	961		$	934		$	832		$	953		$	875		$	646		$	695		$	796		$	792		$	852		$	1,056		$	995		$	5,832
ARM Fundings	$	17,021		$	18,278		$	21,026		$	16,341		$	16,422		$	18,457		$	15,080		$	14,081		$	19,484		$	19,583		$	21,684		$	25,952		$	23,275		$	139,139
Home Equity Fundings	$	2,838		$	3,056		$	3,164		$	3,036		$	3,061		$	3,148		$	2,732		$	2,618		$	3,413		$	3,519		$	3,661		$	3,879		$	3,641		$	23,463
Nonprime Fundings	$	3,785		$	4,275		$	3,894		$	3,276		$	3,459		$	4,306		$	3,851		$	2,605		$	3,364		$	2,922		$	3,312		$	4,202		$	3,661		$	23,917
MORTGAGE LOAN SERVICING(3)
Volume	$	746,905		$	765,342		$	785,992		$	805,922		$	821,287		$	838,322		$	866,665		$	878,270		$	893,405		$	914,465		$	937,275		$	964,444		$	990,624
Units		5,668,620			5,773,837			5,889,950			6,018,496			6,113,193			6,196,487			6,388,677			6,450,135			6,517,536			6,622,839			6,727,201			6,843,218			6,957,389
Subservicing Volume (4)	$	16,843		$	16,312		$	17,861		$	16,869		$	17,421		$	16,847		$	22,712		$	21,389		$	21,178		$	25,737		$	27,526		$	27,706		$	28,783
Subservicing Units		172,602			169,665			174,079			171,273			174,875			171,633			211,025			212,654			207,380			232,972			262,361			258,716			261,325
Prepayments in Full	$	12,430		$	13,232		$	13,669		$	14,336		$	16,013		$	17,755		$	12,408		$	11,790		$	20,809		$	16,608		$	17,990		$	22,192		$	21,860		$	123,657
Bulk Servicing Acquisitions	$	4,187		$	4,626		$	3,399		$	8,241		$	1,870		$	4,903		$	8,475		$	4,136		$	5,320		$	4,665		$	1,433		$	9,472		$	6,279		$	39,780
Portfolio Delinquency — CHL (5)		3.51	%		3.57	%		3.73	%		3.92	%		3.85	%		3.83	%		3.89	%		3.74	%		3.31	%		3.31	%		3.44	%		3.51	%		3.86	%
Foreclosures Pending — CHL (5)		0.37	%		0.35	%		0.35	%		0.37	%		0.41	%		0.42	%		0.45	%		0.45	%		0.43	%		0.39	%		0.39	%		0.39	%		0.40	%

COUNTRYWIDE FINANCIAL CORPORATION AND SUBSIDIARIES
ROLLING THIRTEEN MONTH STATISTICAL DATA
(Dollars in millions)

	Jul-04			Aug-04			Sep-04			Oct-04			Nov-04			Dec-04			Jan-05			Feb-05			Mar-05			Apr-05			May-05			Jun-05			Jul-05			YTD
LOAN CLOSING SERVICES (units)
Credit Reports		630,223			677,931			657,661			660,351			634,685			580,363			695,173			696,309			872,342			807,247			830,477			886,555			856,161			5,644,264
Flood Determinations		243,241			265,888			239,230			237,386			235,665			247,978			233,500			260,748			296,382			287,393			306,636			350,861			290,446			2,025,966
Appraisals		62,732			74,314			78,118			77,388			80,253			82,114			68,309			76,441			97,743			91,952			102,056			113,910			106,283			656,694
Automated Property Valuation Services		467,030			480,329			463,760			477,592			508,451			496,643			496,469			508,279			655,246			574,803			591,654			615,269			726,083			4,167,803
Other		13,252			13,324			13,678			14,430			15,895			17,119			16,027			15,337			18,862			13,938			13,107			15,109			13,311			105,691
Total Units		1,416,478			1,511,786			1,452,447			1,467,147			1,474,949			1,424,217			1,509,478			1,557,114			1,940,575			1,775,333			1,843,930			1,981,704			1,992,284			12,600,418
CAPITAL MARKETS
Securities Trading Volume (6)	$	266,645		$	240,678		$	287,475		$	239,128		$	260,065		$	260,666		$	248,216		$	256,305		$	324,100		$	254,172		$	296,724		$	336,598		$	295,824		$	2,011,939
BANKING
Assets Held by Treasury Bank (in billions)	$	28.6		$	30.9		$	33.9		$	36.4		$	38.8		$	41.0		$	43.3		$	45.9		$	51.1		$	56.0		$	61.5		$	65.5		$	69.6
INSURANCE
Net Premiums Earned:
Carrier	$	54.4		$	50.7		$	50.0		$	54.1		$	53.6		$	55.8		$	54.5		$	49.3		$	52.0		$	53.6		$	56.6		$	62.2		$	67.1		$	395.3
Reinsurance		13.0			13.1			13.6			13.7			13.8			14.3			14.5			14.8			14.4			14.4			14.2			14.5			14.4			101.2
Total Net Premiums Earned	$	67.4		$	63.8		$	63.6		$	67.8		$	67.4		$	70.1		$	69.0		$	64.1		$	66.4		$	68.0		$	70.8		$	76.7		$	81.5		$	496.5
GLOBAL OPERATIONS
Global Home Loans Subservicing Volume (in billions)	$	110		$	109		$	110		$	112		$	117		$	118		$	116		$	118		$	115		$	116		$	111		$	109		$	106
Workforce Head Count: (7)
Loan Originations		23,114			23,680			24,334			24,899			25,203			25,071			25,162			25,183			25,470			26,024			27,076			28,482			29,393
Loan Servicing		5,910			5,920			5,961			6,079			6,202			6,331			6,225			6,259			6,367			6,559			6,783			6,992			7,131
Loan Closing Services		1,049			1,072			1,100			1,113			1,123			1,146			1,171			1,221			1,290			1,293			1,343			1,421			1,464
Insurance		1,854			1,845			1,881			1,880			1,880			1,899			1,890			1,913			1,925			1,982			2,003			2,039			2,068
Capital Markets		540			554			559			566			564			569			569			579			588			592			597			620			638
Global Operations		2,099			2,144			2,246			2,328			2,332			2,317			2,331			2,345			2,362			2,373			2,484			2,575			2,624
Banking		1,015			1,083			1,164			1,184			1,213			1,213			1,508			1,562			1,585			1,621			1,653			1,714			1,798
Corporate Overhead & Other		3,814			3,889			4,001			4,033			4,102			4,066			4,075			4,059			4,070			4,106			4,232			4,337			4,375
Total Workforce Head Count		39,395			40,187			41,246			42,082			42,619			42,612			42,931			43,121			43,657			44,550			46,171			48,180			49,491
Period-end Rates
10-Year U.S. Treasury Yield		4.50	%		4.13	%		4.14	%		4.05	%		4.36	%		4.24	%		4.14	%		4.36	%		4.50	%		4.21	%		4.00	%		3.94	%		4.28	%
FNMA 30-Year Fixed Rate MBS Coupon		5.48	%		5.16	%		5.23	%		5.11	%		5.27	%		5.21	%		5.12	%		5.34	%		5.48	%		5.28	%		5.02	%		5.00	%		5.36	%

(1)	Treasury Bank funds loans for investment purposes; these loans are processed for Treasury Bank by the Company’s Mortgage Banking production divisions.
(2)	Purchase fundings include first trust deed and home equity loans used as purchase money debt in the acquisition of a home. Non-purchase fundings include first trust deed refinance loans, home equity refinance loans, and stand-alone home equity loans.
(3)	Includes loans held for sale, loans held for investment, and loans serviced under subservicing agreements for others.
(4)	Subservicing volume for non-Countrywide entities.
(5)	Expressed as a percentage of the total number of loans serviced, excluding subserviced loans and portfolios purchased at a discount due to their non-performing status.
(6)	Includes trades with Mortgage Banking Segment.
(7)	Workforce Head Count includes full-time employees, contract, and temporary help.

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