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Exhibit 10.53

COUNTRYWIDE FINANCIAL CORPORATION
RESTRICTED STOCK AGREEMENT

        This Restricted Stock Agreement ("Agreement") is made as of [Date],
between COUNTRYWIDE FINANCIAL CORPORATION, a Delaware corporation (the
"Company"), and Name (the "Director").

        In accordance with the Countrywide Financial Corporation 2000 Equity
Incentive Plan (the "EIP") and the Countrywide Financial Corporation
Non-Employee Directors' Fee Plan (the "Fee Plan"), the Company has awarded to
the Director [Shares] shares of the Company's common stock (the "Restricted
Shares") upon the terms and conditions described in this Agreement, the EIP and
the Fee Plan. Capitalized terms not defined herein shall have the meaning
ascribed to them in the EIP.

1.Grant of Restricted Shares of Common Stock.    This Agreement evidences the
Company's grant to the Director, on [Date], of [Shares] Restricted Shares,
subject to the provisions of this Agreement, the EIP and the Fee Plan. The
number of Restricted Shares shall be subject to adjustment as provided in
Section 6 hereof. The Restricted Shares will be maintained on deposit with the
Company or its agent.

2.Release or Forfeiture of the Restricted Shares. (A)Subject to the terms and
conditions of the EIP, if the Director remains a director of the Company as of
[One Year from Grant Date—less 1 day], then, as of the close of business, on
such date, the Company shall release to the Director the Restricted Shares;
provided however, that in the event the Director becomes a Director Emeritus
pursuant to the Company's Director Emeritus Program, then the Company shall
release the Restricted Shares on the date the Director executes the Director
Emeritus Agreement.

(B)Except as provided in the immediately succeeding sentence, if the Director
does not remain a director of the Company, or in the capacity of a Director
Emeritus, through the applicable Release Date indicated above, the Director
shall forfeit all right, title and interest in and to that number of Restricted
Shares which have not been released to him as of the date he no longer serves as
a director of the Company. Notwithstanding the foregoing, the Restricted Shares
which have not previously become non-forfeitable and been released to the
Director shall become non-forfeitable and be released to the Director in the
event of a Corporate Change or upon the termination of the Director's service as
a director of the Company due to death or Disability of the Director.

3.Non-Transferability of Restricted Shares.    Until such time as a Restricted
Share is no longer subject to forfeiture as provided in paragraph 2 hereof, the
Director shall not sell, assign, transfer, pledge, hypothecate, mortgage,
encumber or dispose of any such Restricted Share.

4.Securities Laws.    The Director acknowledges that certain restrictions under
state or federal securities laws may apply with respect to the Restricted Shares
granted to him pursuant to the Award. Specifically, Employee acknowledges that,
to the extent he is an "affiliate" of the Company (as that term is defined by
the Securities Act of 1933), the Restricted Shares granted to him as a result of
the Award are subject to certain trading restrictions under applicable
securities laws (including particularly the Securities and Exchange Commission's
Rule 144). Employee hereby agrees to execute such documents and take such
actions as the Company may reasonably require with respect to state and federal
securities laws and any restrictions on the resale of such shares which may
pertain under such laws.

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5.Legend.    Each certificate evidencing any of the Restricted Shares shall bear
a legend substantially as follows:

"The shares represented by this certificate are subject to restrictions on
transfer and may not be sold, exchanged, transferred, pledged, hypothecated or
otherwise disposed of except in accordance with and subject to all of the terms
and conditions of a certain Restricted Stock Agreement dated April 2, 2007, a
copy of which the Company will furnish to the holder of this certificate upon
request and without charge."

6.Adjustment.    In the event of a Change in Capitalization (as hereinafter
defined), the number of shares of Restricted Stock granted hereunder shall be
appropriately and equitably adjusted. For purposes hereof, "Change in
Capitalization" shall mean any increase or reduction in the number of shares of
Common Stock outstanding, or any exchange of Common Stock for a different number
or kind of shares or other securities of the Company by reason of a
reclassification, recapitalization, merger, consolidation, reorganization, stock
dividend, stock split or reverse stock split, combination or exchange of shares
or similar event. If by reason of a Change in Capitalization, the Director shall
be entitled to new, additional or different shares of Common Stock or
securities, such new, additional or different shares shall thereupon be subject
to all of the conditions which were applicable to the Restricted Shares prior to
such Change in Capitalization.

7.Designation of Beneficiary.    The Director may file with the Company a
written designation of a beneficiary or beneficiaries under this Agreement and
may from time to time revoke or amend any such designation. Any designation of a
beneficiary under this Agreement shall be controlling over any other
disposition, testamentary or otherwise, provided, however, that if the Company
is in doubt as to the entitlement of any such beneficiary to any Restricted
Shares, the Company may determine to recognize only the legal representative of
the Director in which case the Company shall not be under any further liability
to anyone.

8.Stockholder Rights.    During the period that any Restricted Shares remain
subject to forfeiture under Section 2 hereof, the Director shall retain all
rights of a stockholder of the Company with respect to such shares, including
the right to vote such shares and the right to receive dividends paid in respect
of such shares.

9.Withholding.    The Company shall have the right to require the Director (or
if applicable, his permitted assign, heir or Beneficiary) to remit to the
Company an amount sufficient to satisfy any tax requirements prior to the
delivery of any certificate or certificates for Restricted Shares under this
Agreement.

10.Notices.    Any notice to be given under the terms of this Agreement shall be
in writing and addressed to the Company at its principal office in Calabasas,
California, and to the Director at the address the Director may hereafter
designate in writing.

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        IN WITNESS WHEREOF, the Company has caused this Agreement to be executed
on its behalf by a duly authorized officer and Director has executed this
Agreement.

DIRECTOR:   COUNTRYWIDE FINANCIAL CORPORATION
    

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(Printed Name)
 
By:
    

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Angelo Mozilo
Chairman, Chief Executive Officer and President     

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(Signature)      
    

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(Address)
 
 
 
    

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(City, State, Zip Code)
 
 
 
    

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Date
 
 
 

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Exhibit 10.53

COUNTRYWIDE FINANCIAL CORPORATION RESTRICTED STOCK AGREEMENT