Countrywide Financial

  www.countrywide.com
  www.countrywide.com
There are newer employer reviews for Countrywide Financial

 

Poisen

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Senior Product Manager in Seattle, WA
Current Employee - Senior Product Manager in Seattle, WA

I have been working at Countrywide Financial

Pros

Once BofA Purchased (errrr saved) the company, I could pretty much do whatever I wanted too during the transition. Decent manager, but couldn't answer tough questions

Cons

This place was poisen from the time I walked through the door. The only reason why I even accepted was the market was in the tanks and it was the best option at the time. Sr. leadership was a joke made up of diciples of Angelo Mozilo (ie. the Orange Man).

Advice to ManagementAdvice

B of A folks weren't much better, they just have deep enough pockets. My advice, don't think becasue someone is a Black Belt in Six Sigma, they have any clue what they are doing. Some of the biggests fools I've ever met had a black belt.

Doesn't Recommend
Disapproves of CEO

82 Other Employee Reviews for Countrywide Financial (View Most Recent)

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  1.  

    The company that could have been

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee in Calabasas, CA
    Former Employee - Anonymous Employee in Calabasas, CA

    I worked at Countrywide Financial

    Pros

    During the housing boom, Countrywide was one of the fastest growing public companies around. Senior management was probably the most knowledgable about the mortgage industry.

    Cons

    The different divisions (e.g., mortgage, banking, insurance, etc.) and overhead functions did not work together in the most collaborative and effective way; instead, performance was based on individual achievements. Professionally managed companies make sure that divisions and functions work together, sharing resources and intellectual capital. Countrywide, unfortunately, was not quite there.

    Advice to ManagementAdvice

    Better risk management and more focus on long-term growth is needed rather than the desire to chase market share.

    Doesn't Recommend
    Disapproves of CEO
  2.  

    Countrywide - a company that became to greedy

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Vice President in Tempe, AZ
    Former Employee - Vice President in Tempe, AZ

    I worked at Countrywide Financial

    Pros

    They pay at high rate compared to others.

    Cons

    There was poor communication with senior leadership
    They did not follow through on quality
    There was not a bias for action
    They did not care about employee retention
    Countrywide's Benefits are weak relative to others in the industry
    Senior Leadership needs to back up employee suggestions and fight for them
    Vacation is low relative to others in the industry

    Advice to ManagementAdvice

    Listen to your employees.
    Use facts to make decisions instead of using your gut
    Senior Leadership needs to back up employee suggestions and fight for them
    Senior Leadership needs to focus on employee rentention

    Doesn't Recommend
    Disapproves of CEO
There are newer employer reviews for Countrywide Financial

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