We were previously principal accountants for Countrywide Financial Corporation and
subsidiaries
and, under the date of
February 28, 2008,
we reported on the consolidated financial statements of Countrywide Financial
Corporation and
subsidiaries as of and for the years ended
December 31, 2007 and
2006 and the effectiveness of internal control over
financial reporting as of
December 31, 2007. On
October 15, 2008,
we were informed by Countrywide Financial Corporation management that
we were dismissed as principal accountants. We have read Countrywide Financial Corporation’s statements included under Item 4.01 of its Form 8-K
dated
October 21, 2008 and we agree with such statements, except that we are not in a position to agree or disagree with Countrywide Financial
Corporation’s statements in the first and sixth paragraphs
of its Form 8-K.
