Countrywide Financial Corporation Case Study
Autor: peter • February 21, 2012 • Case Study • 1,228 Words (5 Pages) • 1,730 Views
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Sample MBA Student Paper: Company Analysis
Note: Assignment completed following information literacy session and illustrates strong research and critical
thinking skills.
BUS 574 Wednesdays 7-10pm
Company Analysis Assignment - Countrywide Financial Corporation
Organization Description
Countrywide Financial Corporation is a well-rounded financial services provider with
mortgage banking at its core. The company's activities or businesses are grouped into the
following segments: Mortgage Banking, Capital Markets, Insurance, Banking, and Global. It
was founded in 1969 by two ambitious New Yorkers, Angelo Mozilo and David Loeb. Through
the years, Countrywide has evolved and grown into one of the leading providers of residential
mortgages and a diversified financial services company. Continued improvement and innovation
has guided the company, its mission and vision, and its people.
In the Mortgage Banking sector, Countrywide offers a diverse array of products and covers every
aspect of the mortgage spectrum. A consumer interested in buying a house, refinancing their
loan, obtaining a second loan, etc. need not go further than a Countrywide branch (and
Countrywide has strategically opened a number of branches in select geographical areas). Here
one can apply for a loan, take care of the title search and other title-related requirements, be
assured of the servicing that comes with funding the loan, obtain escrow services, and so forth.
According to an analyst at CreditSights, Countrywide is one of the best miners of the mortgage
market. It is estimated that Countrywide will meet its goal this year of writing $400 billion in
home loans. Countrywide currently ranks second nationwide in the home-loan industry – its
competitors are Wells Fargo ranking first and Washington Mutual ranking third. Other
competitors are Bank of America and J.P Morgan.
Within the mortgage umbrella, Countrywide has introduced innovation by constantly
offering new products and
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