COUNTRYWIDE RESPONDS TO NEW YORK TIMES!!!

Please find a link leading to Countrywide issuing a formal rebuttal that addresses the Sunday New York Times story about Countrywide and the press conference held earlier today by Senator Charles Schumer. The attached comment has been sent to reporters who have inquired about the N Y Times article and about Senator Schumer's press conference and has been posted on Countrywide.com on the front page of the About Us section (link below.)

We have been permitted to share this information with our business partners and customers. It provides accurate information about Countrywide's lending practices on subprime loans and makes clear the value our employees strive to deliver to our customers and business partners as we fulfill our mission of homeownership.

It is a protected document and can not be copied therefore I encourage you to follow the link.

 Andrew T. Clemente

Countrywide Home Loans

 http://about.countrywide.com/about/Docs/cfclendingpractices.pdf