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 6, 2007

COUNTRYWIDE FINANCIAL CORPORATION

(Exact name of registrant as specified in its charter)

Delaware
(State or other jurisdiction
of incorporation) 1-12331-01
(Commission
File Number) 13-2641992
(IRS Employer
Identification No.)

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

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

N/A
(Former name or former address, if changed since last report)

     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):

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

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

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

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

Item 7.01 Regulation FD Disclosure.

          On August 6, 2007, Countrywide Financial Corporation (the “Company”) released a Liquidity Sources schedule at June 30, 2007 disclosing, among other things, the Company’s short-term liquidity sources and net available liquidity at June 30, 2007. A copy of the Liquidity Sources schedule is attached hereto as Exhibit 99.1 and incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

99.1 Liquidity Sources schedule of Countrywide Financial Corporation at June 30, 2007

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SIGNATURES

     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 6, 2007	/s/ Eric P. Sieracki
	Name:	Eric P. Sieracki
	Title:	Executive Managing Director and Chief Financial Officer

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EXHIBIT INDEX

Exhibit
No.
99.1	Liquidity Sources schedule of Countrywide Financial Corporation at June 30, 2007

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EX-99.1

EXHIBIT 99.1

Liquidity Sources

					Available at
Facility	Funding	Reliability	Capacity		6/30/07
			(in billions)		(in billions)
Countrywide Financial Corporation
Commercial Paper	Whole Loan Inventory, Warehouse	High	$	11.4	$	5.5	(1)
Countrywide Home Loans
Asset Backed CP (supported by bank commitments)
Gestation Conduit	Agency Eligible Inventory	High	$	5.0	$	1.7
Park Monaco	All Collateral	High	$	10.4	$	9.9
Total			$	15.4	$	11.6	(1)
Extendible ABCP (3rd Party Support)
Park Granada	Prime 1st Lien Inventory	Moderate	$	20.6	$	14.5
Park Sienna	Nonprime and Prime 1st Lien Inventory	Moderate	$	10.1	$	8.6
Warehouse Conduit	Warehouse Advances	Moderate / High	$	4.0	$	3.0
Total			$	34.7	$	26.0
Repurchase Agreements	Whole Loan Inventory and MBS	Moderate / Low	$	33.3	$	31.6
Total CFC and CHL			$	94.7	$	74.7
Countrywide Bank
FHLB Advances	Prime 1st Lien and 2nd Lien Whole Loans	High	$	40.7	$	11.9	(1)
Repurchase Agreements	Unpledged AAA Securities	High	$	17.4	$	17.2	(1)
Fed Funds	Prime First Lien, Agency and Private Label MBS	Moderate / High	$	6.0	$	5.2
Total Bank			$	64.2	$	34.3
Countrywide Securities Corporation
Secured Financing Agreements	Agency and Private Label MBS and ABS	Moderate / Low	$	124.7	$	81.3
Total Short-Term Liquidity Capacity and Availability at June 30, 2007			$	283.6	$	190.3
Long-term debt maturing within six months					$	(3.8	)
Net available liquidity at June 30, 2007					$	186.5

(1) Highly reliable short-term funding liquidity available at June 30, 2007 was $46.2 billion.