Countrywide is one of the biggest mortgage lenders in America. Due to the current wave of foreclosures, the REO inventory at major lenders is increasing rapidly. Countrywide REO listings have seen a dramatic increase year over year. Real Estate investors looking for bargains can browse through Countrywide REO Property Listings. The site is pretty straight forward to use. The listings can searched by zip code and state, and also with in a  specific distance.