Countrywide Home Loans Reviews | Glassdoor

Countrywide Home Loans Reviews

Updated October 29, 2017
107 reviews

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3.3
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Angelo Mozilo
31 Ratings

107 Employee Reviews

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Pros
Cons
  • ethics - my manager stole business from me and when i went to senior management they did nothing about it (in 5 reviews)

  • CRASHED the world economy spiraling out of control to one of the worst declines in modern history (in 4 reviews)

More Pros and Cons

  1. "Once upon a time (before 2008)"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    The Full Spectrum Lending Division was entrepreneurial and challenging, in a positive way.

    Cons

    It no longer exists, and Bank of America eventually purged almost all ex-Countrywide employees.


  2. "home loan consultant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Home Loan Consultant in Denver, CO
    Former Employee - Home Loan Consultant in Denver, CO
    Disapproves of CEO

    I worked at Countrywide Home Loans full-time (More than a year)

    Pros

    fast paced
    great coworkers
    working with customers

    Cons

    management
    poor managers
    pricing
    ethics - my manager stole business from me and when i went to senior management they did nothing about it

    Advice to Management

    pay a base salary, or else employees will resort to poor ethics

  3. "dull"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    The job was easy and you could listen to music on the job.

    Cons

    Repetitive work so it got pretty dull.


  4. "Great company that went bad"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Countrywide Home Loans full-time

    Pros

    Great benefits and compensation programs

    Cons

    Took on too much risk

    Advice to Management

    Focus on the long term


  5. "tax accountant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Negative Outlook
    No opinion of CEO

    I worked at Countrywide Home Loans full-time (More than a year)

    Pros

    They had good employee benefits and gym.

    Cons

    Management doesn't communicate with lower titles


  6. "woo."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    The good old days! Before the Abyss. We had a good time. Made it rain.

    Cons

    CRASHED the world economy spiraling out of control to one of the worst declines in modern history.

    Advice to Management

    Dont edit loans. Make it positive. Build a time machine.


  7. "Managementl"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Dallas, TX
    Former Employee - Anonymous Employee in Dallas, TX
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Part of spin off company from Countrywide.

    Cons

    Numerous changes in workflow processes.

    Advice to Management

    Stop spending money needlessly.

  8. "AP"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Calabasas, CA
    Former Employee - Anonymous Employee in Calabasas, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Countrywide Home Loans (More than a year)

    Pros

    Diversity, work environment, great benefits.

    Cons

    Office politics, long commute to work.


  9. "Mortgage Processor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    They treated me well. Pay was decent. Some times overtime was mandatory which made it difficult to plan anything outside of work life.

    Cons

    Over time is mandatory.


  10. "Was a good place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Countrywide Home Loans full-time

    Pros

    Fast-paced, interesting and good people

    Cons

    The mortgage crisis caused major disruption and eventual demise


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