CFC
E1030214
CFC was the stock ticker symbol for Countrywide Financial Corporation, a major U.S. mortgage lender that played a prominent role in the subprime mortgage crisis.
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf | stock ticker symbol ⓘ |
| acquiringCompany | Bank of America NERFINISHED ⓘ |
| associatedIndustry |
financial services
ⓘ
mortgage lending ⓘ |
| associatedRiskType |
mortgage-backed securities exposure
GENERATED
ⓘ
subprime mortgages GENERATED ⓘ |
| associatedWithBusinessModel |
originate-to-distribute mortgage model
ⓘ
securitization of mortgages ⓘ |
| associatedWithCompanyType |
financial holding company
ⓘ
home loan originator ⓘ loan servicer ⓘ mortgage lender ⓘ |
| associatedWithCorporateEvent |
forced sale to Bank of America
ⓘ
loss of independence as a public company ⓘ |
| associatedWithCountry | United States housing market ⓘ |
| associatedWithEvent |
2007–2008 financial crisis
NERFINISHED
ⓘ
subprime mortgage crisis NERFINISHED ⓘ |
| associatedWithFinancialInstrument |
adjustable-rate mortgages
GENERATED
ⓘ
home equity loans GENERATED ⓘ interest-only mortgages GENERATED ⓘ mortgage-backed securities GENERATED ⓘ refinance mortgages GENERATED ⓘ |
| associatedWithHeadquartersLocation | Calabasas, California NERFINISHED ⓘ |
| associatedWithInvestorPerception |
distressed financial stock during crisis
GENERATED
ⓘ
high-growth mortgage lender before crisis GENERATED ⓘ |
| associatedWithMarketSegment |
Alt-A mortgage market
ⓘ
U.S. residential mortgage market ⓘ subprime mortgage market ⓘ |
| associatedWithOutcome |
collapse in share price
ⓘ
large credit losses during financial crisis ⓘ |
| associatedWithRegulatoryIssues |
mortgage origination investigations
GENERATED
ⓘ
securities fraud allegations GENERATED ⓘ |
| associatedWithReputation |
aggressive mortgage underwriting
ⓘ
high-risk lending practices ⓘ predatory lending allegations ⓘ |
| associatedWithTimePeriod |
early 2000s U.S. housing boom
ⓘ
pre-2008 financial crisis era ⓘ |
| country |
United States of America
ⓘ
surface form:
United States
|
| delistedAfter | acquisition of Countrywide by Bank of America ⓘ |
| exchangeSymbolType | equity security ⓘ |
| hasNotableRole | symbol of the U.S. housing bubble era ⓘ |
| listedIssuer | Countrywide Financial Corporation NERFINISHED ⓘ |
| refersTo | Countrywide Financial Corporation NERFINISHED ⓘ |
| regulatoryJurisdiction | U.S. Securities and Exchange Commission NERFINISHED ⓘ |
| status | delisted ⓘ |
| tickerFor | Countrywide Financial Corporation common stock ⓘ |
| usedOnExchange | New York Stock Exchange NERFINISHED ⓘ |
| wasTradedDuring | U.S. housing bubble ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.