Countrywide Credit Industries, which took the mortgage industry by storm over the past two years, is now training its sights on mutual funds.

The Pasadena, Calic, mortgage bank plans to start selling funds early next year, underscoring the breadth of competition that banks face as they push into the investment products field.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.