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Countrywide Mortgage

Since its inception in 1969, Countrywide has been expertly servicing residential loan consumers of America, as well as, those abroad. Via the lending company’s domestic and international markets, via multiple subsidiaries, diversified financial services and mortgage banking operations, they are able to ensure consumers’ financial needs are well met.

At the end of 2004, Countrywide was recently crowned both America's largest service provider of residential loans, in addition to, the country’s largest mortgage lender. To achieve this level of success, the lending industrialist has focused its endeavors on two primary businesses: those of residential lending and loan servicing. According to Inside Mortgage Finance, a leading source of mortgage industry information and rankings, Countrywide achieved this pinnacle ranking through not just one, but numerous achievements.

Nationwide in the mortgage industry, Countrywide’s affiliated companies have financed roughly one out of every eight mortgages. In the U.S., the Countrywide lending mogul holds a thirteen plus percent share of the mortgage market.

On the mortgage servicing side, Countrywide is responsible for collecting and dispersing principal and interest payments, tax and insurance monies. In total, presently speaking, the lending firm facilities an active caseload of more than five million mortgages (a dollar value that exceeds $786 billion.)

In 1995, Countrywide underwent a name change from Countrywide Funding Corporation to Countrywide Home Loans. The new brand identity was selected to more accurately reflect the lending agent’s diversified offerings of home loans and related services.

The marketing strategy employed by Countrywide is also demonstrated in the expansion of the lending company’s employees. For instance, over the last two years, the advancement of Countrywide’s lending force, via enhanced training programs for the company’s mortgage professionals and customer service employees has transformed their ability to bring Americans’ dreams of homeownership to reality.

On account of the underlying value and reputation for delivering consistent, quality assistance, not only during, but also after the home buying process is complete, among mortgage consumers, Countrywide has garnered a reputation as a leader.