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): May 10, 2006

COUNTRYWIDE FINANCIAL CORPORATION

(Exact name of registrant as specified in its charter)

Delaware	1-8422	13-2641992
(State or other jurisdiction of incorporation)	(Commission File Number)	(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

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):

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

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

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

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

Item 2.02.Results of Operations and Financial Condition

On May 10, 2006, Countrywide Financial Corporation (the “Company”) issued a press release announcing information regarding its operational statistics for the month ended April 30, 2006, a copy of which is attached as Exhibit 99.1. On May 10, 2006, 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

(d)Exhibits

99.1	Press Release issued by Countrywide Financial Corporation (the “Company”) pertaining to its operational statistics for the month ended April 30, 2006.
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
	/s/ Laura Milleman
Dated: May 10, 2006	Laura Milleman
	Senior Managing Director and Chief Accounting Officer

2

EXHIBIT INDEX

Exhibit
No.
99.1	Press Release issued by Countrywide Financial Corporation (the “Company”) pertaining to its operational statistics for the month ended April 30, 2006.
99.2	Thirteen-month statistical data report made available by the Company on its website.

3

EX-99.1

Exhibit 99.1

NEWS

INVESTOR CONTACT:	(818) 225-3550
David Bigelow or Lisa Riordan
MEDIA CONTACT:	(800) 796-8448

COUNTRYWIDE REPORTS APRIL 2006 OPERATIONAL RESULTS

CALABASAS, CA (May 10, 2006) – Countrywide Financial Corporation (NYSE: CFC) released operational data for the month ended April 30, 2006. Operational highlights included the following:

•Mortgage loan fundings for the month of April totaled $36 billion, rising 5 percent from April 2005. This brought year-to-date fundings to $139 billion, up 11 percent from last year.

•Monthly purchase volume was $16 billion, a decline of 3 percent from April 2005. Year-to-date purchase activity totaled $63 billion, an 8 percent increase from last year.

•Adjustable-rate loan fundings for the month of April were $17 billion, a decrease of 12 percent from April 2005. Year-to-date adjustable-rate volume totaled $69 billion, up 1 percent from last year.

•Home equity loan fundings for April rose by 11 percent from April 2005 to $3.9 billion, which brought year-to-date home equity loan fundings to $15 billion, advancing 22 percent from last year.

•Nonprime loan fundings in April were $3.3 billion, which compares to $2.9 billion for the same period last year. Year-to-date nonprime volume totaled $12 billion, which compares to $13 billion produced for the year-ago period.

•Consolidated pay-option loan fundings for the month were $6.7 billion, compared to $7.5 billion in April 2005. Year-to-date pay-option fundings were $26 billion, compared to $23 billion for the same period ended April 30, 2005.

•It should be noted that the various mortgage loan funding categories listed above are not mutually exclusive and are not intended to total 100 percent of total fundings.

•Average daily mortgage loan application activity in April was $2.6 billion, essentially unchanged from the April 2005 level. The mortgage loan pipeline fell by 3 percent from April 30, 2005 to $64 billion at April 30,2006, but was relatively flat as compared to the previous month.

•The mortgage loan servicing portfolio totaled $1.2 trillion at April 30, 2006, an increase of $250 billion, or 27 percent, from April 30, 2005.

•Total assets of Banking Operations were $79 billion at April 30, 2006, an increase of $23 billion, or 42 percent, from April 30, 2005.

•Securities trading volume in the Capital Markets segment for the month of April 2006 was $282 billion, an increase of 11 percent from April 2005, bringing year-to-date securities trading volume to $1.3 trillion, which was up 16 percent from the comparable period of 2005.

Investor Relations

4500 Park Granada • Calabasas, CA  91302 •  818-225-3550

http://www.countrywide.com

  Countrywide Home Loans, Inc. and Countrywide Bank, N.A. are Equal Housing Lenders. ã2002 Countrywide Financial Corporation.

Trade/service marks are the property of Countrywide Financial Corporation and/or its subsidiaries.  All rights reserved.

•Net earned premiums from the Insurance segment were $92 million for the month of April 2006, which compares to $68 million for the prior year period. Year-to-date net earned premiums were $372 million, an increase of 39 percent from the comparable period in 2005.

“Countrywide’s Mortgage Banking segment produced strong operational results in the month of April 2006, despite a 21 basis point rise in the 10-year U.S. Treasury yield during the month and 3 fewer working days,” said Stanford L. Kurland, President and Chief Operating Officer. “Mortgage loan fundings of $36 billion for April 2006 were down 10 percent compared to March 2006, but were actually up 4 percent on an average daily funding basis. The mortgage loan pipeline of $64 billion bodes well for continued strength in near-term funding volume. On the servicing side, the portfolio continued to grow, reaching $1.2 trillion at the end of April. For the first quarter of 2006, Inside Mortgage Finance reported that Countrywide maintained its position as the number one originator and servicer of residential mortgages in the U.S.

“Countrywide’s other business segments also delivered solid results for April and included Banking Operationsassets of $79 billion at April 30, 2006; monthly securities trading volume from the Capital Markets segment of $282 billion; and net earned premiums from the Insurance segment of $92 million for the month.”

Founded in 1969, Countrywide Financial Corporation is a diversified financial services provider and a member of the S&P 500, Forbes 2000, and Fortune 500. Through its family of companies, Countrywide: originates, purchases, securitizes, sells, and services prime and nonprime loans; provides loan closing services such as credit reports, appraisals and flood determinations; offers banking services which include depository and home loan products; conducts fixed income securities underwriting and trading activities; provides property, life and casualty insurance; and manages a captive mortgage reinsurance company. 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 ratings 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.

(tables follow)

COUNTRYWIDE FINANCIAL CORPORATION AND SUBSIDIARIES

OPERATING STATISTICS(1)

(Dollars in millions)

	Month Ended						Year-to-Date
	April 30,			April 30,			April 30,
	2006			2005			2006
LOAN PRODUCTION
Number of Working Days in the Period	20			21			82
Average Daily Mortgage Loan Applications	$	2,562		$	2,565		$	2,546
Mortgage Loan Pipeline (loans-in-process)	$	63,739		$	65,791
Commercial Real Estate Loan Pipeline (loans-in-process)	$	295		$	361
Loan Fundings:
Consumer Markets Division	$	11,440		$	10,944		$	42,229
Wholesale Lending Division	6,894			5,738			25,770
Correspondent Lending Division	10,765			12,275			47,952
Capital Markets	1,943			629			5,950
Countrywide Bank (2)	4,996			4,819			17,555
Total Mortgage Loan Fundings	36,038			34,405			139,456
Commercial Real Estate Fundings	252			112			1,218
Total Loan Fundings	$	36,290		$	34,517		$	140,674
Loan Fundings in Units:
Consumer Markets Division	66,068			66,748			249,805
Wholesale Lending Division	32,225			29,500			122,178
Correspondent Lending Division	51,195			62,239			227,983
Capital Markets	7,749			2,665			23,134
Countrywide Bank (2)	37,913			38,171			137,250
Total Mortgage Loan Fundings in Units	195,150			199,323			760,350
Commercial Real Estate	32			9			120
Total Loan Fundings in Units	195,182			199,332			760,470
Mortgage Loan Fundings: (3)
Purchase	$	16,462		$	16,913		$	62,811
Non-purchase	19,576			17,492			76,645
Total Mortgage Loan Fundings	$	36,038		$	34,405		$	139,456
Mortgage Loan Fundings by Product:
Government Fundings	$	1,045		$	792		$	3,923
ARM Fundings	$	17,312		$	19,583		$	68,927
Home Equity Fundings	$	3,918		$	3,519		$	14,981
Nonprime Fundings	$	3,292		$	2,922		$	12,497
MORTGAGE LOAN SERVICING (4)
Volume	$	1,164,010		$	914,465
Units	7,637,270			6,622,839
Subservicing Volume (5)	$	22,541		$	25,737
Subservicing Units	216,296			232,972
Prepayments in Full	$	16,540		$	16,608		$	63,543
Bulk Servicing Acquisitions	$	16		$	4,665		$	117
Portfolio Delinquency (%) - CHL  (6)	4.06		%	3.31		%
Foreclosures Pending (%) - CHL  (6)	0.46		%	0.39		%

(more)

3

	Month Ended						Year-to-Date
	April 30,			April 30,			April 30,
	2006			2005			2006
LOAN CLOSING SERVICES (units)
Credit Reports	820,238			807,247			3,383,123
Flood Determinations	276,384			287,393			1,130,712
Appraisals	99,621			91,952			379,194
Automated Property Valuation Services	1,048,619			574,803			3,104,163
Other	12,634			13,938			62,412
Total Units	2,257,496			1,775,333			8,059,604
CAPITAL MARKETS
Securities Trading Volume  (7)	$	281,690		$	254,172		$	1,260,045
BANKING
Banking Operations Assets (in billions)	$	79.3		$	56.0
INSURANCE
Net Premiums Earned:
Carrier	$	73.1		$	53.6		$	301.1
Reinsurance	18.7			14.4			70.5
Total Net Premiums Earned	$	91.8		$	68.0		$	371.6
Period-end Rates
10-Year U.S. Treasury Yield	5.07		%	4.21		%
FNMA 30-Year Fixed Rate MBS Coupon	6.10		%	5.28		%

(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)These loans are processed for Countrywide Bank by the Company’s Mortgage Banking production divisions. The amounts include loans funded for both investment purposes and for sale. The Company will report the amount of such loans subsequently sold on a quarterly basis.

(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 for others, including those under subservicing agreements.

(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.

# # #

4

EX-99.2

Exhibit 99.2

COUNTRYWIDE FINANCIAL CORPORATION AND SUBSIDIARIES

ROLLING THIRTEEN MONTH STATISTICAL DATA

(Dollars in millions)

	Apr-05			May-05			Jun-05			Jul-05			Aug-05			Sep-05			Oct-05
LOAN PRODUCTION
Number of Working Days in the Period	21			21			22			20			23			21			21
Average Daily Mortgage Loan Applications	$	2,565		$	2,773		$	3,029		$	2,973		$	3,168		$	3,043		$	2,806
Mortgage Loan Pipeline (loans-in-process)	$	65,791		$	70,491		$	77,009		$	77,007		$	78,062		$	76,821		$	70,644
Commercial Real Estate Loan Pipeline (loans-in-process)	$	361		$	275		$	502		$	521		$	458		$	558		$	339
Loan Fundings:
Consumer Markets Division	$	10,944		$	11,895		$	13,583		$	12,644		$	14,488		$	13,257		$	13,356
Wholesale Lending Division	5,738			6,383			7,492			7,058			8,254			7,748			6,917
Correspondent Lending Division	12,275			14,448			18,396			18,209			22,681			21,841			20,630
Capital Markets	629			713			1,784			659			2,335			2,089			2,933
Countrywide Bank (1)	4,819			5,237			6,011			5,539			5,309			3,899			2,936
Total Mortgage Loan Fundings	34,405			38,676			47,266			44,109			53,067			48,834			46,772
Commercial Real Estate Fundings	112			335			285			293			397			423			507
Total Loan Fundings	$	34,517		$	39,011		$	47,551		$	44,402		$	53,464		$	49,257		$	47,279
Loan Fundings in Units:
Consumer Markets Division	66,748			68,642			75,774			69,975			81,911			74,631			75,734
Wholesale Lending Division	29,500			31,153			34,497			32,941			38,251			35,621			32,720
Correspondent Lending Division	62,239			72,656			89,416			87,669			107,029			101,139			94,390
Capital Markets	2,665			2,430			7,183			2,446			8,148			8,157			10,932
Countrywide Bank (1)	38,171			41,036			45,933			43,732			44,162			36,225			30,026
Total Mortgage Loan Fundings in Units	199,323			215,917			252,803			236,763			279,501			255,773			243,802
Commercial Real Estate	9			23			31			22			30			25			29
Total Loan Fundings in Units	199,332			215,940			252,834			236,785			279,531			255,798			243,831
Mortgage Loan Fundings: (2)
Purchase	$	16,913		$	19,759		$	24,023		$	20,982		$	25,079		$	22,971		$	20,693
Non-purchase	17,492			18,917			23,243			23,127			27,988			25,863			26,079
Total Mortgage Loan Fundings	$	34,405		$	38,676		$	47,266		$	44,109		$	53,067		$	48,834		$	46,772
Mortgage Loan Fundings by Product:
Government Fundings	$	792		$	852		$	1,056		$	995		$	1,114		$	1,032		$	958
ARM Fundings	$	19,583		$	21,684		$	25,952		$	23,275		$	27,267		$	24,011		$	23,146
Home Equity Fundings	$	3,519		$	3,661		$	3,879		$	3,641		$	4,122		$	3,818		$	3,569
Nonprime Fundings	$	2,922		$	3,312		$	4,202		$	3,661		$	4,504		$	4,036		$	3,876
MORTGAGE LOAN SERVICING (3)
Volume	$	914,465		$	937,275		$	964,444		$	990,624		$	1,020,416		$	1,047,623		$	1,070,077
Units	6,622,839			6,727,201			6,843,218			6,957,389			7,089,887			7,203,562			7,294,228
Subservicing Volume (4)	$	25,737		$	27,526		$	27,706		$	28,783		$	28,868		$	27,556		$	30,641
Subservicing Units	232,972			262,361			258,716			261,325			259,688			256,935			267,847
Prepayments in Full	$	16,608		$	17,990		$	22,192		$	21,860		$	25,111		$	21,443		$	20,625
Bulk Servicing Acquisitions	$	4,665		$	1,433		$	9,472		$	6,279		$	3,393		$	59		$	5,462
Portfolio Delinquency - CHL (5)	3.31		%	3.44		%	3.51		%	3.86		%	3.68		%	4.03		%	4.32		%
Foreclosures Pending - CHL (5)	0.39		%	0.39		%	0.39		%	0.40		%	0.42		%	0.42		%	0.41		%

	Nov-05			Dec-05			Jan-06			Feb-06			Mar-06			Apr-06			YTD
LOAN PRODUCTION
Number of Working Days in the Period	21			21			20			19			23			20			82
Average Daily Mortgage Loan Applications	$	2,667		$	2,467		$	2,408		$	2,505		$	2,687		$	2,562		$	2,546
Mortgage Loan Pipeline (loans-in-process)	$	68,773		$	59,651		$	57,351		$	59,336		$	64,167		$	63,739
Commercial Real Estate Loan Pipeline (loans-in-process)	$	441		$	297		$	308		$	258		$	203		$	295
Loan Fundings:
Consumer Markets Division	$	12,483		$	11,334		$	9,125		$	9,492		$	12,172		$	11,440		$	42,229
Wholesale Lending Division	6,830			6,883			5,613			5,713			7,550			6,894			25,770
Correspondent Lending Division	18,406			16,911			12,757			10,161			14,269			10,765			47,952
Capital Markets	1,190			4,506			955			1,746			1,306			1,943			5,950
Countrywide Bank (1)	3,335			4,480			4,183			3,825			4,551			4,996			17,555
Total Mortgage Loan Fundings	42,244			44,114			32,633			30,937			39,848			36,038			139,456
Commercial Real Estate Fundings	647			362			235			268			463			252			1,218
Total Loan Fundings	$	42,891		$	44,476		$	32,868		$	31,205		$	40,311		$	36,290		$	140,674
Loan Fundings in Units:
Consumer Markets Division	72,224			65,613			55,105			57,601			71,031			66,068			249,805
Wholesale Lending Division	31,647			32,234			26,929			27,154			35,870			32,225			122,178
Correspondent Lending Division	85,926			81,504			61,201			48,267			67,320			51,195			227,983
Capital Markets	4,588			17,250			3,777			6,737			4,871			7,749			23,134
Countrywide Bank (1)	30,038			35,116			31,622			30,707			37,008			37,913			137,250
Total Mortgage Loan Fundings in Units	224,423			231,717			178,634			170,466			216,100			195,150			760,350
Commercial Real Estate	35			28			26			24			38			32			120
Total Loan Fundings in Units	224,458			231,745			178,660			170,490			216,138			195,182			760,470
Mortgage Loan Fundings: (2)
Purchase	$	19,409		$	21,086		$	14,410		$	13,527		$	18,412		$	16,462		$	62,811
Non-purchase	22,835			23,028			18,223			17,410			21,436			19,576			76,645
Total Mortgage Loan Fundings	$	42,244		$	44,114		$	32,633		$	30,937		$	39,848		$	36,038		$	139,456
Mortgage Loan Fundings by Product:
Government Fundings	$	886		$	890		$	856		$	816		$	1,206		$	1,045		$	3,923
ARM Fundings	$	21,052		$	22,356		$	16,835		$	15,682		$	19,098		$	17,312		$	68,927
Home Equity Fundings	$	3,714		$	4,020		$	3,476		$	3,411		$	4,176		$	3,918		$	14,981
Nonprime Fundings	$	3,899		$	4,405		$	3,042		$	2,845		$	3,318		$	3,292		$	12,497
MORTGAGE LOAN SERVICING (3)
Volume	$	1,092,104		$	1,111,090		$	1,126,610		$	1,137,344		$	1,152,651		$	1,164,010
Units	7,379,806			7,431,949			7,500,434			7,542,493			7,604,711			7,637,270
Subservicing Volume (4)	$	32,265		$	29,901		$	29,141		$	28,776		$	26,172		$	22,541
Subservicing Units	268,954			261,078			247,185			250,832			238,767			216,296
Prepayments in Full	$	19,125		$	17,810		$	13,548		$	14,463		$	18,992		$	16,540		$	63,543
Bulk Servicing Acquisitions	$	997		$	1,686		$	40		$	37		$	24		$	16		$	117
Portfolio Delinquency - CHL (5)	4.58		%	4.61		%	4.42		%	4.29		%	3.68		%	4.06		%
Foreclosures Pending - CHL (5)	0.43		%	0.44		%	0.46		%	0.47		%	0.47		%	0.46		%

	Apr-05			May-05			Jun-05			Jul-05			Aug-05			Sep-05			Oct-05
LOAN CLOSING SERVICES (units)
Credit Reports	807,247			830,477			886,555			856,161			914,659			822,119			800,675
Flood Determinations	287,393			306,636			350,861			290,446			318,626			320,502			314,302
Appraisals	91,952			102,056			113,910			106,283			123,082			110,006			111,172
Automated Property Valuation Services	574,803			591,654			615,269			726,083			750,312			710,337			706,351
Other	13,938			13,107			15,109			13,311			16,786			15,249			14,424
Total Units	1,775,333			1,843,930			1,981,704			1,992,284			2,123,465			1,978,213			1,946,924
CAPITAL MARKETS
Securities Trading Volume (6)	$	254,172		$	296,724		$	336,598		$	295,824		$	345,998		$	329,551		$	270,724
BANKING
Banking Operations Assets (in billions)	$	56.0		$	61.5		$	65.5		$	69.5		$	71.6		$	70.9		$	71.6
INSURANCE
Net Premiums Earned:
Carrier	$	53.6		$	56.6		$	62.2		$	67.1		$	53.7		$	74.6		$	70.8
Reinsurance	14.4			14.2			14.5			14.4			14.8			15.5			15.7
Total Net Premiums Earned	$	68.0		$	70.8		$	76.7		$	81.5		$	68.5		$	90.1		$	86.5
Workforce Head Count: (7)
Loan Originations	26,024			27,076			28,482			29,393			30,853			31,318			31,800
Loan Servicing	6,559			6,783			6,992			7,131			7,415			7,552			7,683
Loan Closing Services	1,293			1,343			1,421			1,464			1,528			1,571			1,619
Banking	1,621			1,653			1,714			1,798			1,896			2,039			2,092
Capital Markets	592			597			620			638			640			653			661
Insurance	1,982			2,003			2,039			2,068			2,074			2,053			2,043
Global Operations	2,373			2,484			2,575			2,557			2,703			2,865			2,902
Corporate Overhead & Other	4,106			4,232			4,337			4,375			4,492			4,632			4,767
Total Workforce Head Count	44,550			46,171			48,180			49,424			51,601			52,683			53,567
Period-end Rates
10-Year U.S. Treasury Yield	4.21		%	4.00		%	3.94		%	4.28		%	4.02		%	4.34		%	4.57		%
FNMA 30-Year Fixed Rate MBS Coupon	5.28		%	5.02		%	5.00		%	5.36		%	5.15		%	5.51		%	5.80		%

	Nov-05			Dec-05			Jan-06			Feb-06			Mar-06			Apr-06			YTD
LOAN CLOSING SERVICES (units)
Credit Reports	764,650			657,448			821,967			788,038			952,880			820,238			3,383,123
Flood Determinations	301,893			294,120			275,546			253,647			325,135			276,384			1,130,712
Appraisals	105,296			96,598			86,503			80,234			112,836			99,621			379,194
Automated Property Valuation Services	618,304			457,504			967,896			497,300			590,348			1,048,619			3,104,163
Other	15,626			15,261			15,866			15,718			18,194			12,634			62,412
Total Units	1,805,769			1,520,931			2,167,778			1,634,937			1,999,393			2,257,496			8,059,604
CAPITAL MARKETS
Securities Trading Volume (6)	$	307,234		$	286,037		$	314,858		$	292,307		$	371,190		$	281,690		$	1,260,045
BANKING
Banking Operations Assets (in billions)	$	72.2		$	73.0		$	74.9		$	74.6		$	77.8		$	79.3
INSURANCE
Net Premiums Earned:
Carrier	$	72.9		$	105.6		$	79.4		$	73.2		$	75.4		$	73.1		$	301.1
Reinsurance	17.0			16.5			17.0			17.4			17.4			18.7			70.5
Total Net Premiums Earned	$	89.9		$	122.1		$	96.4		$	90.6		$	92.8		$	91.8		$	371.6
Workforce Head Count: (7)
Loan Originations	31,943			31,832			32,003			32,127			32,540			33,200
Loan Servicing	7,830			7,923			8,041			8,158			8,282			8,234
Loan Closing Services	1,648			1,648			1,615			1,585			1,589			1,582
Banking	2,101			2,078			2,156			2,230			2,273			2,342
Capital Markets	673			683			699			712			726			738
Insurance	2,096			2,100			2,139			2,147			2,146			2,089
Global Operations	3,050			3,251			3,369			1,875			1,989			2,022
Corporate Overhead & Other	4,881			4,941			5,046			5,125			5,207			5,282
Total Workforce Head Count	54,222			54,456			55,068			53,959			54,752			55,489
Period-end Rates
10-Year U.S. Treasury Yield	4.49		%	4.39		%	4.53		%	4.55		%	4.86		%	5.07		%
FNMA 30-Year Fixed Rate MBS Coupon	5.85		%	5.75		%	5.76		%	5.73		%	6.01		%	6.10		%

(1)These loans are processed for Countrywide Bank by the Company’s Mortgage Banking production divisions. The amounts include loans funded for both investment purposes and for sale. The Company will report the amount of such loans subsequently sold on a quarterly basis.

(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 for others, including those under subservicing agreements.

(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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