Countrywide Financial gives credit where credit is due. The company writes, sells, and services single-family home mortgages through its Countrywide Bank (about 90% of its mortgage activity) and Countrywide Home Loans subsidiaries. It also offers home equity loans, commercial mortgages, and subprime mortgages. Its capital markets segment buys and sells mortgages and offers asset management and brokerage services. It provides life, property/casualty, and reinsurance products through Balboa Insurance Group. The company has some 660 branches in the US. Bank of America bought Countrywide in 2008, and plans to rename it to Bank of America Home Loans.