Exhibit 21

LIST OF COUNTRYWIDE FINANCIAL CORPORATION ENTITIES  as of December 31, 2007

|Entity                                                                                          |  | Entity Type                       |  | State of Incorporation
|----------------------------------------------------------------------------------------------- |  | --------------------------------- |  | ----------------------
|Balboa Home Warranty Protection Company, Inc.                                                   |  | Corporation                       |  | California            
|Balboa Insurance Company                                                                        |  | Corporation                       |  | California            
|Balboa Insurance Group, Inc.                                                                    |  | Corporation                       |  | California            
|Balboa Life & Casualty LLC                                                                      |  | Limited Liability Company         |  | Delaware              
|Balboa Life Insurance Company                                                                   |  | Corporation                       |  | California            
|Balboa Life Insurance Company of New York                                                       |  | Corporation                       |  | New York              
|Balboa Reinsurance Company                                                                      |  | Corporation                       |  | Vermont               
|Balboa Reinsurance Company of South Carolina                                                    |  | Corporation                       |  | South Carolina        
|Balboa Warranty Services Corporation                                                            |  | Corporation                       |  | Vermont               
|Calabasas Commerce Center II Association                                                        |  | Non-Profit Corporation            |  | California            
|CB Securities Holdings 1, Inc.                                                                  |  | Corporation                       |  | Delaware              
|CB Securities Holdings 2, Inc.                                                                  |  | Corporation                       |  | Delaware              
|CFC India Services Private Limited                                                              |  | Corporation                       |  | India                 
|CFC International Capital Markets, Limited (fka CCM International Limited)                      |  | Company                           |  | United Kingdom        
|CFC International Mauritius Limited                                                             |  | Corporation                       |  | Mauritius             
|CFC International (Processing Services) Limitada                                                |  | Limited Liability Company         |  | Costa Rica            
|CHL Transfer Corp.                                                                              |  | Corporation                       |  | Delaware              
|Countrywide Alternative Asset Management Inc. (fka CAA Management Inc. and CAI Management Inc.) |  | Corporation                       |  | Delaware              
|Countrywide Alternative Investments Inc.                                                        |  | Corporation                       |  | Delaware              
|Countrywide Asset Management Corp.                                                              |  | Corporation                       |  | California            
|Countrywide Bank, FSB                                                                           |  | Federal Stock Savings Association |  | U.S.A                 
|Countrywide Capital I                                                                           |  | Business Trust/General            |  | Delaware              
|Countrywide Capital II                                                                          |  | Business Trust/General            |  | Delaware              
|Countrywide Capital III                                                                         |  | Business Trust/General            |  | Delaware              
|Countrywide Capital IV                                                                          |  | Business Trust/General            |  | Delaware              
|Countrywide Capital IX                                                                          |  | Business Trust/General            |  | Delaware              
|Countrywide Capital Markets Asia (H.K.) Limited                                                 |  | Private Limited Company           |  | Hong Kong             
|Countrywide Capital Markets Asia Ltd.                                                           |  | Corporation                       |  | Cayman Islands        
|Countrywide Capital Markets Asia Singapore Pte. Ltd.                                            |  | Corporation                       |  | Singapore             
|Countrywide Capital Markets, Inc.                                                               |  | Corporation                       |  | California            
|Countrywide Capital V                                                                           |  | Business Trust/General            |  | Delaware              
|Countrywide Capital VI                                                                          |  | Business Trust/General            |  | Delaware              
|Countrywide Capital VII                                                                         |  | Business Trust/General            |  | Delaware              
|Countrywide Capital VIII                                                                        |  | Business Trust/General            |  | Delaware              
|Countrywide Commercial Administration LLC                                                       |  | Limited Liability Company         |  | Delaware              
|Countrywide Commercial JPI LLC                                                                  |  | Limited Liability Company         |  | Delaware              

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|Countrywide Commercial Mortgage Capital, Inc.                                 |  | Corporation               |  | Delaware          
|----------------------------------------------------------------------------- |  | ------------------------- |  | ------------------
|Countrywide Commercial Real Estate Finance, Inc.                              |  | Corporation               |  | California        
|Countrywide Derivative Products Inc.                                          |  | Corporation               |  | Delaware          
|Countrywide Field Services Corporation                                        |  | Corporation               |  | California        
|Countrywide Financial Holding Company, Inc.                                   |  | Corporation               |  | Delaware          
|Countrywide GP, Inc. (general partner of Countrywide Home Loans Servicing LP) |  | Corporation               |  | Nevada            
|Countrywide Hillcrest I, Inc.                                                 |  | Corporation               |  | California        
|Countrywide Home Loans of Minnesota, Inc.                                     |  | Corporation               |  | Minnesota         
|Countrywide Home Loans of Tennessee, Inc.                                     |  | Corporation               |  | Tennessee         
|Countrywide Home Loans of Texas, Inc.                                         |  | Corporation               |  | Texas             
|Countrywide Home Loans Servicing LP                                           |  | Limited Partnership       |  | Texas             
|Countrywide Home Loans, Inc.                                                  |  | Corporation               |  | New York          
|Countrywide Insurance Services of Texas, Inc.                                 |  | Corporation               |  | Texas             
|Countrywide Insurance Services, Inc.                                          |  | Corporation               |  | Arizona           
|Countrywide Insurance Services, Inc.                                          |  | Corporation               |  | California        
|Countrywide International Consulting Services, LLC                            |  | Limited Liability Company |  | Delaware          
|Countrywide International GP Holdings, LLC                                    |  | Limited Liability Company |  | Delaware          
|Countrywide International Holdings, Inc.                                      |  | Corporation               |  | Delaware          
|Countrywide International Technology Holding Limited                          |  | Company                   |  | Island of Guernsey
|Countrywide Investment Services, Inc.                                         |  | Corporation               |  | Virginia          
|Countrywide JV Technology Holdings Limited                                    |  | Company                   |  | Island of Guernsey
|Countywide KB Home Loans, LLC                                                 |  | Limited Liability Company |  | Delaware          
|Countrywide LFT LLC                                                           |  | Limited Liability Company |  | Delaware          
|Countrywide LP, Inc. (limited partner of Countrywide Home Loans Servicing LP) |  | Corporation               |  | Nevada            
|Countrywide Management Corporation                                            |  | Corporation               |  | Delaware          
|Countrywide Mortgage Ventures, LLC                                            |  | Limited Liability Company |  | Delaware          
|Countrywide Portfolio Accounting Services Inc.                                |  | Corporation               |  | Delaware          
|Countrywide Securities Corporation                                            |  | Corporation               |  | California        
|Countrywide Servicing Exchange                                                |  | Corporation               |  | California        
|Countrywide Sunfish Management LLC                                            |  | Limited Liability Company |  | Delaware          
|Countrywide Tax Services Corporation                                          |  | Corporation               |  | California        
|Countrywide Warehouse Lending                                                 |  | Corporation               |  | California        
|CSC Futures Inc.                                                              |  | Corporation               |  | California        
|CTC Real Estate Services                                                      |  | Corporation               |  | California        
|CW (UK) Services Limited                                                      |  | Company                   |  | United Kingdom    
|CW Securities Holdings, Inc.                                                  |  | Corporation               |  | Delaware          
|CW TechSolutions Limited                                                      |  | Company                   |  | United Kingdom    
|CW UKTechnology Limited                                                       |  | Company                   |  | United Kingdom    
|CWABS II, Inc.                                                                |  | Corporation               |  | Delaware          
|CWABS, Inc.                                                                   |  | Corporation               |  | Delaware          
|CWALT, Inc.                                                                   |  | Corporation               |  | Delaware          

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|CWB Community Assets, Inc.                              |  | Corporation               |  | Delaware      
|------------------------------------------------------- |  | ------------------------- |  | --------------
|CWB Mortgage Ventures, LLC                              |  | Limited Liability Company |  | Delaware      
|CWB Venture Management Corporation                      |  | Corporation               |  | Delaware      
|CWHEQ, Inc.                                             |  | Corporation               |  | Delaware      
|CWIBH, Inc.                                             |  | Corporation               |  | Delaware      
|CWMBS II, Inc.                                          |  | Corporation               |  | Delaware      
|CWMBS, Inc.                                             |  | Corporation               |  | Delaware      
|CWRBS, Inc.                                             |  | Corporation               |  | Delaware      
|Directnet Insurance Agency of Arizona, Inc.             |  | Corporation               |  | Arizona       
|Directnet Insurance Agency, Inc.                        |  | Corporation               |  | New York      
|Effinity Financial Corporation                          |  | Corporation               |  | Delaware      
|GHL Mortgage Originations Limited                       |  | Company                   |  | United Kingdom
|GHL Mortgage Services Limited                           |  | Company                   |  | United Kingdom
|GHL Payment Transmission Limited                        |  | Company                   |  | United Kingdom
|GHL Services Limited                                    |  | Company                   |  | United Kingdom
|GHL Technology Limited Partnership                      |  | Limited Partnership       |  | England       
|Global Home Loans Limited                               |  | Company                   |  | United Kingdom
|GlobaLoans International Technology Limited Partnership |  | Limited Partnership       |  | England       
|GlobaLoans JV Limited Partnership                       |  | Limited Partnership       |  | England       
|HLTV Securitization Corporation                         |  | Corporation               |  | Delaware      
|LandSafe Appraisal Services, Inc.                       |  | Corporation               |  | California    
|LandSafe Credit, Inc.                                   |  | Corporation               |  | California    
|LandSafe Flood Determination, Inc.                      |  | Corporation               |  | California    
|LandSafe Services of Alabama, Inc.                      |  | Corporation               |  | Alabama       
|LandSafe Services, Inc.                                 |  | Corporation               |  | Pennsylvania  
|LandSafe Title Agency of Ohio, Inc.                     |  | Corporation               |  | Ohio          
|LandSafe Title of California, Inc.                      |  | Corporation               |  | California    
|LandSafe Title of Florida, Inc.                         |  | Corporation               |  | Florida       
|LandSafe Title of Maryland, Inc.                        |  | Corporation               |  | Maryland      
|LandSafe Title of Texas, Inc.                           |  | Corporation               |  | Texas         
|LandSafe Title of Washington, Inc.                      |  | Corporation               |  | Washington    
|LandSafe, Inc.                                          |  | Corporation               |  | Delaware      
|Meritplan Insurance Company                             |  | Corporation               |  | California    
|Newport E&S Insurance Company                           |  | Corporation               |  | Texas         
|Newport Insurance Company                               |  | Corporation               |  | Arizona       
|Newport Management Corporation                          |  | Corporation               |  | California    
|Park Granada LLC                                        |  | Limited Liability Company |  | Delaware      
|Park Monaco Inc.                                        |  | Corporation               |  | Delaware      
|Park Sienna LLC                                         |  | Limited Liability Company |  | Delaware      
|ReconTrust Company                                      |  | Corporation               |  | Nevada        
|ReconTrust Company, National Association                |  | National Trust Bank       |  | U.S.A.        
|The Countrywide Foundation                              |  | Non-Profit Corporation    |  | California    
|Trusite Real Estate Services, Inc.                      |  | Corporation               |  | California    

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