Countrywide Parent Changes Name

Countrywide Credit Industries, Calabasas, Calif., has announced that its name has been changed to Countrywide Financial Corp. to reflect the company's evolution into a provider of diversified financial services.To commemorate the event, Angelo R. Mozilo, Countrywide's chairman, chief executive officer, and president, and Stanford L. Kurland, its chief operating officer, will ring the opening bell at the New York Stock Exchange on Nov. 13, when the company's new ticker symbol (CFC) will be introduced. In addition to Countrywide's mortgage banking operations via its Countrywide Home Loans subsidiary, the company now includes five other business segments: loan closing services through its LandSafe companies; insurance services through several subsidiaries; capital markets services via Countrywide Securities Corp.; banking services via Countrywide Bank, a division of Treasury Bank NA; and global mortgage processing and servicing via Global Home Loans. The company can be found on the Web at http://www.countrywide.com.