AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Fitch Affirms Countrywide's 'A'.
New York -- Fitch Ratings has affirmed Countrywide Financial Corp.'s long-term issuer default rating of "A" and short-term issuer rating of "F1," the rating agency said last month.
The ratings affect approximately $34 billion of debt and $57.5 billion of deposits.
The ratings reflect Countrywide's leadership in the mortgage banking industry, good financial performance amid sector weakness, and diverse funding profile augmented by deposit growth at Countrywide Bank FSB, Fitch said.
The rating agency also said that Countrywide's "macro-hedge" strategy, relying on mortgage servicing to offset cyclical slowdowns in loan origination volume, has "delivered consistent operating performance over multiple cycles."
However, Fitch ...
- Countrywide Bank: Pay Yourself by Saving Some of Your Tax Return, Company Bonus.
- Press release article from: PR Newswire April 17, 2007 700+ words
...April 17 /PRNewswire/ -- Countrywide Bank, FSB, a member of the Countrywide...in annual interest," said Countrywide Bank Managing Director Pierre P...into action." Habis, who is Countrywide Bank's head of Retail Banking and...
- Statement by Countrywide Bank on Its Depository Franchise.
- Press release article from: PR Newswire August 17, 2007 700+ words
...of recent media attention, Countrywide Bank, FSB today made the following...franchise. "It is important for Countrywide Bank's valued customers to know...of FDIC insured deposits at Countrywide Bank," said Tim Wennes, president...
- Countrywide Bank Opens Financial Center in Fountain Valley; - Offering Superior...
- Press release article from: PR Newswire December 18, 2003 700+ words
Countrywide Bank, a division of Treasury Bank, N...of locations in the state to 16. "Countrywide Bank has been embraced with immense consumer...said James S. Furash, president of Countrywide Bank. "We attribute the rapid success...
- Countrywide Bank Opens the Door to Greater Savings in Cherry Creek; - New...
- Press release article from: PR Newswire December 14, 2004 700+ words
...Dec. 14 /PRNewswire/ -- Countrywide Bank, a division of Treasury Bank...James S. Furash, president of Countrywide Bank. "The Cherry Creek financial...all banks in the nation*, Countrywide Bank's distinctive business model...
- Countrywide Bank Opens the Door to Greater Savings in Detroit Area; - New...
- Press release article from: PR Newswire December 21, 2004 700+ words
...Dec. 21 /PRNewswire/ -- Countrywide Bank, a division of Treasury Bank...said James S. Furash, Countrywide Bank president. "Now Detroit area...take comfort in knowing that Countrywide Bank will consistently offer the...
- Countrywide Bank Opens the Door to Greater Savings in Wheaton; . New Financial...
- Press release article from: PR Newswire October 11, 2004 700+ words
...Oct. 11 /PRNewswire/ -- Countrywide Bank, a division of Treasury Bank...James S. Furash, president of Countrywide Bank. "The Wheaton financial center...all banks in the nation*, Countrywide Bank's distinctive business model...
- Countrywide Bank Expands to Florida; Opens Five Financial Centers; - Bringing...
- Press release article from: PR Newswire July 3, 2003 700+ words
...July 3 /PRNewswire/ -- Countrywide Bank, a division of Treasury Bank...James S. Furash, president of Countrywide Bank. "Great rates, great access...true value to consumers." Countrywide Bank marked its launch into banking...
- Countrywide Bank Opens the Door to Greater Savings in New Jersey; - New...
- Press release article from: PR Newswire November 10, 2004 700+ words
...Nov. 10 /PRNewswire/ -- Countrywide Bank, a division of Treasury Bank...James S. Furash, president of Countrywide Bank. "The Morristown and Westfield...all banks in the nation*, Countrywide Bank's distinctive business model...