Countrywide trades old ticker, name

November 14, 2002

Gives home page a facelift and makes enhancements to other site areas

Inman News Features

Countrywide today begins trading at the New York Stock Exchange under its new ticker symbol "CFC."

The news comes after the financial services provider announced that it would change its name from Countrywide Credit Industries to Countrywide Financial Corp.

The company, which had been trading under the ticker symbol "CCR" since 1985, said that the name change was made to more accurately reflect the range of its family of companies, which includes banking, insurance, capital markets, closing services and global activities.

In conjunction with its new name, Countrywide Financial unveiled its newly designed home page on its Web site, which enables more direct access to the site's most commonly used areas. The new home page organizes content around product groupings with links for purchase, refinance and home equity mortgages, plus personal financial services including banking and insurance.

In addition, enhancements were made to the site to include: account aggregation, which allows customers review all of their accounts in one area; global navigation through various product lines and business divisions; and access to corporate information, which includes annual reports, earnings announcements and investor presentations.

Calabasas, Calif.-based Countrywide Financial Corp., through its subsidiaries, provides mortgage banking and diversified financial services in domestic and international markets. Consumer businesses include mortgages, insurance and other financial products, while business-to-business activities encompass capital markets, transaction processing and insurance.

Copyright: Inman News Service

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