Countrywide Financial Corp., which originates and invests in home loans, said Friday that it named David Sambol as president and chief operating officer, to succeed Stanford L. Kurland, who is stepping down and will leave the Calabasas-based company.

Sambol most recently served as executive managing director of business segment operations, and has led all revenue-generating functions of the company since assuming that post, including serving as president and COO of Countrywide Home Loans. Sambol is also a member of the executive committee of Countrywide Financial Corp.

The Fed's analysis of 2005 home lending data found that 54.7 percent of black borrowers paid a higher-than-typical interest rate on home mortgages. That was up sharply from 32.4 percent in 2004.

In contrast, only 17.2 percent of whites paid higher interest on their home mortgages last year. However, that was up considerably from 2004's 8.7 percent.

For all borrowers, there was a "significant increase" in the incidents of higher priced mortgages from 24.6 percent in 2005 compared with 11.5 percent in 2004.

Football fans outside North America will be able to watch most NFL games live over the Internet under a subscription package the league announced Friday.

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