A senior financial analyst for Countrywide Home Loans, Rene L. Rebollo Jr., 36, a Pasadena resident, was arrested at his home this morning by the Federal Bureau of Investigation after being charged with downloading and selling customers identities.

Wahid Siddiqi, 25, of Thousand Oaks was also arrested Friday afternoon in Simi Valley by FBI agents and the Simi Valley Police Department for allegedly purchasing the stolen information.

He is charged with fraud and related activity in connection with access devices, a crime that carries a statutory maximum penalty of 15 years in prison, according to the FBI.

Siddiqi is expected in court Monday.

According to a criminal complaint filed Thursday, Siddiqi was recorded by a confidential witness working for the FBI when he placed an order for personal profiles. He then met the witness and delivered the data for cash, and copies of the discs were provided to Countrywide investigators for authentication, the FBI stated in a news release.

The witness, who first met both men at a night club, was introduced to Siddiqi as Nico, and Rebollo as the main cat.

Until his employment was terminated in July, Rebollo had worked for Countrywide's subprime mortgage division, Full Spectrum Lending, in Pasadena.

He was paid an annual salary of approximately $63,000, and had access to databases that contained sensitive information, such as clients social security account numbers, according to the criminal complaint.

Rebollos regular work schedule was Monday through Friday, but he had a habit of working for an hour on Sundays, which was not included in his regular salary.

He typically accessed Countrywide networks and databases for about an hour, then logged off and left the premises, the complaint stated.

The company would not disclose Friday how long Rebollo had been employed at Countrywide.

The FBI and Countrywide investigators had discovered a security breach earlier this year at the company and launched a joint investigation.

Rebollo was interviewed by FBI agents in July and acknowledged he was responsible for giving out account information belonging to Countrywide customers during the past two years.