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Industry News

CEOs put names on line

August 15, 2002

Countrywide, HomeSeekers among the first in realty

Inman News Features

CEOs of publicly traded companies across the country have been ordered by the U.S. Securities and Exchange Commission to put their signature on official looking documents swearing to the accuracy of their financial filings.

The unprecedented order aims to renew investor confidence in corporate America and companies large and small are rushing to get the news out that they have complied.

Countrywide Credit Industries Inc. issued a press release today that states its chief executive team has signed and filed certificates and sworn statements that affirm the accuracy of its financial documents.

HomeSeekers, now operating as Realigent, also issued a press release stating its compliance to the order.

Real estate-related companies, whose annual earning exceed $1.2 billion and who were required by the SEC to submit their statements include Berkshire Hathaway, Cendant Corp., D.R. Horton Inc., Fidelity National Financial Inc., First American Corp., Land America Financial Group Inc., Prudential Financial Corp., Simon Property Group, Washington Mutual Inc., Beazer Homes, Equity Office Properties Trust, Golden State Bancorp Inc., Golden West Financial Corp., McGraw-Hill Cos. Inc., Pulte Homes Inc., Stewart Information Services Corp. and Toll Brothers Inc.

Copyright: Inman News Service

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