Countrywide Financial Analysis Paper

Countrywide Financial Corporation, one of the nation’s largest business, was on its way to becoming the nation’s largest mortgage lender but later collapsed. Countrywide Financial was founded in 1969 and was the largest provider of home loans in the Unites States. In this paper, I will be discussing strategic plans for the Countrywide Financial Corporation and their SWOT Analysis. Once the reader learn about the Countrywide Financial Corporation the reader should gain a better understanding as to why the company had its issues. About Countrywide Financial Corporation Angelo Mozilo and his partner David Loeb founded Countrywide Financial Corporation in New York in 1969 (John E. Gamble, 2011). Their intentions were to create a nationwide mortgage-lending

Flamholtz introduced a template for organizational assessment and development along with a systematic process for strategic planning that had been applied elsewhere with considerable success. The new planning process became the corporate priority. The new planning system also led to a variety of other significant organizational benefits.
The planning system has also led to a variety of other significant organizational benefits including a constructive forum for elevating management’s focus from tactical and operational concerns to broader strategic challenges; a shift away from a “silo mentality” to a “Countrywide perspective”; a clear set of priorities to guide operating unit activities and decision‐making; measurable objectives that emphasize linkages across organizational boundaries; and greater understanding and communication of the plan throughout the organization.
Countrywide Financial Corporation SWOT Analysis Countrywide Financial SWOT Analysis enables its management and the executives of the company to make the right decisions on a timely basis to ensure better performance for the

By the credit oriented due to people have the opportunity to buy everything on credit. If the company had taken proper risk before granting any loans, the company would have less likely to have collapsed, as the opportunities were available towards it. Purchasing things on credit in the United States provided the company with the opportunity of extending its product line and moving from house to a variety of other forms of business. “Likewise, because the Countrywide settlement compensated borrowers who allegedly suffered deception, the borrowers may have felt entitled to take advantage of the program in a way that wouldn’t occur in a program with different origin.” (Mortgage Modification and Strategic Behavior,