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): March 13, 2008

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
(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):

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 2.02.              Results of Operations and Financial Condition

On March 13, 2008, Countrywide Financial Corporation (the “Company”) issued a press release announcing information regarding its operational statistics for the month ended February 29, 2008, a copy of which is attached as Exhibit 99.1. On March 13, 2008, 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 February 29, 2008.
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/ Lawrence R. Gee
Dated: March 13, 2008
	Lawrence R. Gee
	Managing Director, Technical Accounting

EXHIBIT INDEX

Exhibit
No.
99.1	Press Release issued by Countrywide Financial Corporation (the “Company”) pertaining to its operational statistics for the month ended February 29, 2008.
99.2	Thirteen-month statistical data report made available by the Company on its website.

EX-99.1

Exhibit 99.1

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

COUNTRYWIDE REPORTS FEBRUARY 2008 OPERATIONAL RESULTS

CALABASAS, CA (March 13, 2008) – Countrywide Financial Corporation (NYSE: CFC) released operational data for the month ended February 29, 2008.  A summary of the Company’s key operating statistics is included below:

·Average daily mortgage loan application activity for February 2008 was $1.9 billion, which compares to $2.6 billion for January 2008.  The mortgage loan pipeline was $48 billion at February 29, 2008, as compared to $51 billion at January 31, 2008.

·Mortgage loan fundings for the month of February 2008 were $26 billion, up 17 percent from January 2008.

·The mortgage loan servicing portfolio was $1.48 trillion at February 29, 2008, up $1.6 billion from January 31, 2008 and $149 billion from February 28, 2007.

·Banking Operations’ assets were $112 billion at February 29, 2008, which compares to $111 billion at January 31, 2008 and $84 billion at February 28, 2007.

·Banking Operations’ deposits totaled $64 billion at February 29, 2008, which compares to total deposits of $60 billion at January 31, 2008 and $55 billion at February 28, 2007.

·Securities trading volume in the Capital Markets segment was $315 billion for February 2008 as compared to $336 billion for January 2008 and $289 billion for February 2007.

·Net earned premiums from the Insurance segment were $162 million in February 2008, which compares to $163 million for January 2008 and $111 million for February 2007.

Consistent with industry practice, Countrywide going forward will provide operational results on a quarterly basis only and will no longer issue monthly operational press releases.

ABOUT COUNTRYWIDE

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 residential and commercial 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.

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Investor Relations

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

http://www.countrywide.com

 Countrywide Home Loans, Inc. and Countrywide Bank, FSB are Equal Housing Lenders. ã2007 Countrywide Financial Corporation.
Trade/service marks are the property of Countrywide Financial Corporation and/or its subsidiaries.  All rights reserved.

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, financial results, 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: lack of or further reduced access to corporate debt markets or other sources of liquidity; additional disruptions in the secondary mortgage market; increased credit losses due to downward trends in the economy and in the real estate market, including as a result of continued increases in the delinquency rates of borrowers and slower or negative home price appreciation; adverse changes in the Company’s credit ratings, including any downgrade that causes the Company to lose its investment grade credit rating; continued increases in credit exposure resulting from the Company’s decision to retain more loans in its portfolio of loans held for investment; competitive conditions in each of the Company’s business segments; unexpected changes in general business, economic, market and political conditions in the United States; 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 which Countrywide operates; the judgments and assumptions made by management regarding accounting estimates and related matters; the ability of management to effectively implement the Company’s strategies; unforeseen cash or capital requirements; 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 or any other information contained herein, and the statements made in this press release are current as of the date of this release only.

(Tables follow)

Investor Relations

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

http://www.countrywide.com

 Countrywide Home Loans, Inc. and Countrywide Bank, FSB are Equal Housing Lenders. ã2007 Countrywide Financial Corporation.
 Trade/service marks are the property of Countrywide Financial Corporation and/or its subsidiaries.  All rights reserved.

2

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

	Month Ended						Year-to-Date
	February 29			February 28			February 29		February 28
	2008			2007			2008		2007
LOAN PRODUCTION
Number of Working Days in the Period	20			19			41		40
Average Daily Mortgage Loan Applications	$	1,924		$	3,009		$	2,290	$	2,910
Mortgage Loan Pipeline (loans-in-process)	$	47,559		$	63,945
Commercial Real Estate Loan Pipeline (loans-in-process)	$	227		$	2,381
Loan Fundings:
Retail Lending	$	12,391		$	11,955		$	21,787	$	24,602
Wholesale Lending	3,501			6,874			6,043		14,029
Correspondent Lending	9,615			14,896			19,505		31,157
Capital Markets Purchases	—			566			3		875
Banking Operations Purchases	80			278			134		1,019
Total Mortgage Loan Fundings	25,587			34,569			47,472		71,682
Commercial Real Estate Lending	16			693			66		1,347
Total Loan Fundings	$	25,603		$	35,262		$	47,538	$	73,029
Total Bank Loan Fundings (2)	$	24,779		$	13,669		$	45,869	$	29,189
Loan Fundings in Units:
Retail Lending	59,813			67,241			106,611		137,453
Wholesale Lending	15,743			32,665			27,417		66,983
Correspondent Lending	44,186			73,413			91,487		153,608
Capital Markets Purchases	—			1,817			4		2,768
Banking Operations Purchases	53			2,670			108		12,065
Total Mortgage Loan Fundings	119,795			177,806			225,627		372,877
Commercial Real Estate Lending	5			64			16		124
Total Loan Fundings	119,800			177,870			225,643		373,001
Total Bank Loan Fundings (2)	117,667			78,823			221,675		169,999
Mortgage Loan Fundings (3):
Purchase	$	6,132		$	12,633		$	12,963	$	25,901
Non-purchase	19,455			21,936			34,509		45,781
Total Mortgage Loan Fundings	$	25,587		$	34,569		$	47,472	$	71,682
Mortgage Loan Fundings by Product:
Government Fundings	$	3,248		$	1,033		$	5,807	$	2,133
ARM Fundings	$	3,931		$	12,533		$	6,763	$	26,281
Home Equity Fundings	$	691		$	2,977		$	1,563	$	6,563
Nonprime Fundings	$	—		$	2,587		$	—	$	5,526
MORTGAGE LOAN SERVICING (4)
Volume	$	1,481,443		$	1,332,485
Units	9,007,684			8,347,533
Subservicing Volume (5)	$	23,772		$	16,455
Subservicing Units	207,066			170,625
Prepayments in Full	$	18,510		$	17,810		$	30,969	$	36,936
Bulk Servicing Acquisitions	$	19		$	6,136		$	46	$	7,239
Servicing Portfolio Performance - CHL (6)
Delinquency as a percentage of:
unpaid principal balance	7.44		%	4.48		%
number of loans serviced	6.91		%	4.71		%
Foreclosures Pending as a percentage of:
unpaid principal balance	1.64		%	0.80		%
number of loans serviced	1.13		%	0.70		%

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

	Month Ended						Year-to-Date
	February 29			February 28			February 29		February 28
	2008			2007			2008		2007
LOAN CLOSING SERVICES (units)
Credit Reports	732,368			823,272			1,584,773		1,721,190
Flood Determinations	205,207			247,297			417,286		557,637
Appraisals	157,742			104,652			313,773		213,102
Automated Property Valuation Services	1,384,692			1,257,809			2,681,037		1,797,248
Other	32,023			23,599			66,234		49,355
Total Units	2,512,032			2,456,629			5,063,103		4,338,532
CAPITAL MARKETS
Securities Trading Volume (7)	$	314,840		$	288,731		$	650,464	$	601,397
BANKING
Banking Operations Assets (in billions)	$	112		$	84
INSURANCE
Net Premiums Earned:
Carrier	$	132.1		$	89.1		$	265.3	$	179.8
Reinsurance	30.4			21.6			60.5		42.4
Total Net Premiums Earned	$	162.5		$	110.7		$	325.8	$	222.2
Period-end Rates
10-Year U.S. Treasury Yield	3.53		%	4.56		%
FNMA 30-Year Fixed Rate MBS Coupon	5.34		%	5.72		%

⁽¹⁾   This data reflects 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 by the Company’s Mortgage Banking production divisions and Countrywide Commercial Real Estate Finance, Inc. or purchased from non-affiliates and are included in “Total Loan Fundings” above.

The amounts include loans funded for both investment 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⁾   Excluding subserviced loans and portfolios purchased at a discount due to their non-performing status.

Delinquencies as a percentage of unpaid principal balance and numbers of loans serviced exclude loans in foreclosure.

⁽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)

	Feb-07			Mar-07			Apr-07			May-07			Jun-07			Jul-07			Aug-07			Sep-07			Oct-07			Nov-07			Dec-07			Jan-08			Feb-08			YTD
LOAN PRODUCTION
Number of Working Days in the Period	19			22			21			22			21			21			23			19			23			21			20			21			20			41
Average Daily Mortgage Loan Applications	$	3,009		$	3,134		$	2,937		$	3,126		$	3,144		$	2,662		$	2,334		$	1,740		$	1,753		$	1,851		$	1,538		$	2,639		$	1,924		$	2,290
Mortgage Loan Pipeline (loans-in-process)	$	63,945		$	69,389		$	68,747		$	69,744		$	68,533		$	62,295		$	51,828		$	41,507		$	41,127		$	42,580		$	35,061		$	51,038		$	47,559
Commercial Real Estate Loan Pipeline (loans-in-process)	$	2,381		$	3,207		$	2,845		$	2,319		$	2,206		$	2,211		$	1,613		$	1,323		$	752		$	639		$	481		$	254		$	227
Loan Fundings:
Retail Lending	$	11,955		$	14,409		$	13,578		$	14,377		$	14,043		$	12,667		$	13,016		$	9,330		$	9,597		$	9,465		$	10,219		$	9,396		$	12,391		$	21,787
Wholesale Lending	6,874			8,159			7,963			8,077			7,413			6,603			5,564			3,100			3,220			3,063			3,040			2,542			3,501			6,043
Correspondent Lending	14,896			18,616			18,294			20,803			21,875			19,267			15,597			8,609			9,028			9,852			9,895			9,890			9,615			19,505
Capital Markets Purchases	566			954			192			884			1,558			147			140			137			85			5			26			3			—			3
Banking Operations Purchases	278			1,144			453			279			374			377			34			43			33			742			206			54			80			134
Total Mortgage Loan Fundings	34,569			43,282			40,480			44,420			45,263			39,061			34,351			21,219			21,963			23,127			23,386			21,885			25,587			47,472
Commercial Real Estate Lending	693			664			930			1,157			814			803			757			242			405			121			160			50			16			66
Total Loan Fundings	$	35,262		$	43,946		$	41,410		$	45,577		$	46,077		$	39,864		$	35,108		$	21,461		$	22,368		$	23,248		$	23,546		$	21,935		$	25,603		$	47,538
Total Bank Loan Fundings (1)	$	13,669		$	14,533		$	16,048		$	19,325		$	20,699		$	21,080		$	27,396		$	19,182		$	20,289		$	21,171		$	21,792		$	21,090		$	24,779		$	45,869
Loan Fundings in Units:
Retail Lending	67,241			80,682			78,759			85,901			83,664			78,962			81,231			56,520			56,626			53,072			53,231			46,798			59,813			106,611
Wholesale Lending	32,665			38,936			38,582			39,513			36,209			32,769			27,408			15,844			16,119			14,992			14,179			11,674			15,743			27,417
Correspondent Lending	73,413			92,391			90,113			102,422			109,615			102,021			82,938			42,914			44,540			47,440			47,447			47,301			44,186			91,487
Capital Markets Purchases	1,817			2,884			738			3,336			4,651			508			470			226			145			10			93			4			—			4
Banking Operations Purchases	2,670			7,552			2,723			2,110			6,638			6,345			164			—			—			9,917			1,600			55			53			108
Total Mortgage Loan Fundings	177,806			222,445			210,915			233,282			240,777			220,605			192,211			115,504			117,430			125,431			116,550			105,832			119,795			225,627
Commercial Real Estate Lending	64			88			89			170			137			103			141			88			66			36			27			11			5			16
Total Loan Fundings	177,870			222,533			211,004			233,452			240,914			220,708			192,352			115,592			117,496			125,467			116,577			105,843			119,800			225,643
Total Bank Loan Fundings (1)	78,823			87,660			94,593			111,041			121,778			132,506			156,255			105,553			109,892			116,590			110,090			104,008			117,667			221,675
Mortgage Loan Fundings (2):
Purchase	$	12,633		$	17,265		$	15,866		$	18,642		$	20,739		$	18,711		$	17,193		$	9,637		$	9,304		$	9,732		$	9,044		$	6,831		$	6,132		$	12,963
Non-purchase	21,936			26,017			24,614			25,778			24,524			20,350			17,158			11,582			12,659			13,395			14,342			15,054			19,455			34,509
Total Mortgage Loan Fundings	$	34,569		$	43,282		$	40,480		$	44,420		$	45,263		$	39,061		$	34,351		$	21,219		$	21,963		$	23,127		$	23,386		$	21,885		$	25,587		$	47,472
Mortgage Loan Fundings by Product :
Government Fundings	$	1,033		$	1,406		$	1,532		$	1,937		$	2,216		$	2,296		$	2,198		$	1,657		$	2,129		$	2,406		$	2,469		$	2,559		$	3,248		$	5,807
ARM Fundings	$	12,533		$	14,677		$	11,424		$	10,667		$	12,599		$	10,972		$	8,687		$	3,826		$	3,095		$	3,326		$	3,688		$	2,832		$	3,931		$	6,763
Home Equity Fundings	$	2,977		$	3,976		$	3,480		$	3,382		$	3,734		$	3,928		$	3,212		$	1,600		$	1,357		$	1,903		$	1,264		$	872		$	691		$	1,563
Nonprime Fundings	$	2,587		$	2,355		$	1,682		$	2,186		$	1,853		$	1,804		$	1,267		$	255		$	42		$	17		$	6		$	—		$	—		$	—
MORTGAGE LOAN SERVICING (3)
Volume	$	1,332,485		$	1,351,598		$	1,370,760		$	1,392,756		$	1,415,472		$	1,434,099		$	1,454,121		$	1,459,136		$	1,465,009		$	1,470,845		$	1,476,203		$	1,479,852		$	1,481,443
Units	8,347,533			8,438,625			8,522,364			8,625,522			8,737,534			8,840,474			8,964,565			8,982,308			8,999,292			9,021,138			9,034,763			9,022,399			9,007,684
Subservicing Volume (4)	$	16,455		$	16,258		$	16,338		$	16,144		$	16,263		$	17,294		$	23,530		$	22,921		$	24,722		$	24,670		$	24,049		$	24,212		$	23,772
Subservicing Units	170,625			172,916			171,381			169,041			168,026			173,490			224,476			220,898			229,428			229,073			210,385			210,814			207,066
Prepayments in Full	$	17,810		$	20,896		$	20,088		$	21,135		$	18,577		$	16,636		$	15,199		$	10,829		$	12,722		$	11,635		$	13,367		$	12,459		$	18,510		$	30,969
Bulk Servicing Acquisitions	$	6,136		$	5,198		$	2,962		$	2,650		$	2,401		$	42		$	1,106		$	64		$	36		$	21		$	16		$	27		$	19		$	46
Servicing Portfolio Performance - CHL (5)
Delinquency as a percentage of:
unpaid principal balance	4.48		%	4.07		%	4.23		%	4.44		%	4.77		%	4.89		%	4.90		%	5.85		%	5.94		%	6.52		%	7.20		%	7.47		%	7.44		%
number of loans serviced	4.71		%	4.29		%	4.45		%	4.71		%	4.98		%	5.10		%	5.05		%	5.87		%	5.89		%	6.34		%	6.96		%	7.09		%	6.91		%
Foreclosures Pending as a percentage of:
unpaid principal balance	0.80		%	0.83		%	0.85		%	0.90		%	0.96		%	1.04		%	1.20		%	1.27		%	1.23		%	1.28		%	1.44		%	1.48		%	1.64		%
number of loans serviced	0.70		%	0.69		%	0.69		%	0.71		%	0.74		%	0.79		%	0.89		%	0.92		%	0.89		%	0.94		%	1.04		%	1.05		%	1.13		%

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

	Feb-07	Mar-07	Apr-07	May-07	Jun-07	Jul-07	Aug-07	Sep-07	Oct-07	Nov-07	Dec-07	Jan-08	Feb-08	YTD
LOAN CLOSING SERVICES (units)
Credit Reports	823,272	1,109,878	982,765	1,023,073	1,026,845	1,007,235	1,071,685	746,947	811,634	694,475	568,001	852,405	732,368	1,584,773
Flood Determinations	247,297	305,214	274,407	342,574	293,131	282,930	287,852	276,625	214,924	181,432	168,926	212,079	205,207	417,286
Appraisals	104,652	123,070	116,062	125,420	126,686	158,876	164,453	132,067	154,968	147,374	129,309	156,031	157,742	313,773
Automated Property Valuation Services	1,257,809	573,932	634,281	1,003,475	698,273	668,721	1,056,932	1,251,064	5,793,171	883,978	1,104,064	1,296,345	1,384,692	2,681,037
Other	23,599	24,179	24,020	26,640	27,245	31,474	37,356	30,267	30,662	28,462	31,218	34,211	32,023	66,234
Total Units	2,456,629	2,136,273	2,031,535	2,521,182	2,172,180	2,149,236	2,618,278	2,436,970	7,005,359	1,935,721	2,001,518	2,551,071	2,512,032	5,063,103
CAPITAL MARKETS

Securities Trading Volume (6)	$	288,731		$	396,545		$	308,694		$	350,850		$	450,200		$	370,513		$	413,899		$	272,229		$	260,243		$	293,597		$	314,804		$	335,624		$	314,840		$	650,464
BANKING
Banking Operations Assets (in billions)	$	84		$	84		$	86		$	87		$	90		$	90		$	94		$	105		$	106		$	109		$	113		$	111		$	112
INSURANCE
Net Premiums Earned:
Carrier	$	89.1		$	91.1		$	89.3		$	95.7		$	102.0		$	100.3		$	110.1		$	105.5		$	108.5		$	117.5		$	135.2		$	133.2		$	132.1		$	265.3
Reinsurance	21.6			20.9			20.9			21.9			22.6			23.3			24.7			26.0			27.6			29.2			29.1			30.1			30.4			60.5
Total Net Premiums Earned	$	110.7		$	112.0		$	110.2		$	117.6		$	124.6		$	123.6		$	134.8		$	131.5		$	136.1		$	146.7		$	164.3		$	163.3		$	162.5		$	325.8
Workforce Head Count: (7)
Loan Originations	31,721			31,849			32,641			32,966			33,796			34,326			33,658			28,322			25,688			23,424			22,549			21,933			22,115
Loan Servicing	7,209			7,256			7,453			7,818			7,897			8,059			8,182			8,283			8,493			8,687			8,854			9,039			9,087
Loan Closing Services	1,758			1,793			1,851			1,858			1,935			2,029			1,984			1,827			1,829			1,830			1,854			1,875			1,930
Banking	1,957			1,967			2,057			2,377			2,496			2,491			2,291			2,399			2,619			2,744			2,708			2,689			2,698
Capital Markets	928			996			1,035			1,064			1,098			1,136			1,123			895			883			868			855			837			622
Insurance	2,068			2,106			2,143			2,211			2,219			2,296			2,273			2,331			2,449			2,610			2,611			2,605			2,628
Global Operations	2,834			3,052			3,477			3,646			3,770			3,891			4,055			4,120			4,408			4,628			4,847			4,811			4,777
Corporate Overhead & Other	6,836			6,904			7,025			7,071			7,216			7,358			7,301			6,675			6,406			6,348			6,322			6,325			6,312
Total Workforce Head Count	55,311			55,923			57,682			59,011			60,427			61,586			60,867			54,852			52,775			51,139			50,600			50,114			50,169
Period-end Rates
10-Year U.S. Treasury Yield	4.56		%	4.65		%	4.63		%	4.90		%	5.03		%	4.78		%	4.54		%	4.59		%	4.48		%	3.97		%	4.04		%	3.67		%	3.53		%
FNMA 30-Year Fixed Rate MBS Coupon	5.72		%	5.77		%	5.76		%	6.04		%	6.26		%	6.21		%	6.01		%	5.97		%	5.84		%	5.39		%	5.51		%	5.05		%	5.34		%

(1)	These loans are processed by the Company’s Mortgage Banking production divisions and Countrywide Commercial Real Estate Finance, Inc. or purchased from non-affiliates and are included in “Total Loan Fundings” above.
	The amounts include loans funded for both investment 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)	Excluding subserviced loans and portfolios purchased at a discount due to their non-performing status. Delinquencies as a percentage of unpaid principal balance and numbers of loans serviced exclude loans in foreclosure.
(6)	Includes trades with Mortgage Banking Segment.
(7)	Workforce Head Count includes full-time employees, contract, and temporary help.

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