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Countrywide Ramps Up Recruiting of Mortgage Professionals

Calabasas, CA (Vocus) May 16, 2007 -- Financial services provider, mortgage and home loan specialist, Countrywide Financial Corporation (NYSE: CFC), today announced it has launched an aggressive campaign for recruiting mortgage professionals, including prime and nonprime sales professionals. In addition to recruitment of sales professionals with either retail or wholesale lending backgrounds, the campaign seeks qualified candidates with experience in information technology, underwriting, banking, insurance sales, customer service and loss mitigation. Potential candidates can review Countrywide's open positions at www.countrywidecareers.com.



"We are eager to add top sales professionals, as well as industry experts in other mortgage-related disciplines to our workforce," said Leora Goren, chief Human Resources officer for Countrywide Financial. "Countrywide is well-positioned to grow, despite current mortgage market conditions. One of the key growth strategies in our mortgage business is the expansion of our sales force and distribution network."

Ramping up recruiting efforts to a higher level includes more than spreading the word about www.countrywidecareers.com, the Company's dedicated recruiting Web site. Countrywide is participating in local job fairs and real estate related events throughout the U.S. in order to meet prospective candidates in person. Regional activities are also scheduled in Arizona, California, Texas, Florida and the northeast corridor, with a concentration in metropolitan areas surrounding New York City.

"Countrywide offers a compelling proposition for candidates eager to work hard and grow their careers. Our culture respects and rewards people with 'fire in the belly' -- the attitude that defines the competitive spirit hard-wired into Countrywide's DNA," said Goren.

Information about upcoming job fairs and events, along with general information about joining Countrywide's workforce, can be found at www.countrywidecareers.com.

About Countrywide Financial Corporation
Founded in 1969, Countrywide Financial Corporation (NYSE: CFC) -- America's #1 home loan lender as ranked by Inside Mortgage Finance (Feb. 2, 2007) Copyright 2007 -- is a member of the S&P 500 and Fortune 500. Countrywide is a diversified financial services firm primarily focused on real estate finance and related activities. Through its family of companies, Countrywide provides mortgage banking and diversified financial services, including banking, capital markets, global operations and insurance, in domestic and international markets. The company is headquartered in Calabasas, California and has a workforce of about 55,000 with over 1,000 locations. For more information about the company, visit Countrywide's Web site at http://www.countrywide.com.

Contact Information
For media inquiries:
Amber V. Cousins
800-796-8448

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