Country Wide Mortgage Company Makes Homeownership Attainable

2007-03-08 10:33:40

( Financial )



Country Wide Mortgage Company started operations as a mortgage loan company in 1969. Today it has become a diversified financial services company. Despite its growth, Country Wide Mortgage Company continues to have mortgage financing, origination and servicing as its core business. In these respects, your mortgage company helps you attain your dream of homeownership.

As a mortgage loan company, Country Wide Mortgage Company serves you by originating and servicing home mortgage loans at the consumer, wholesale and correspondent level. Your mortgage company also plays a leading role in mortgage lending to minorities and low- to moderate-income communities.

Your consumer loans come to you directly through Country Wide Mortgage Company lending offices and regional centers all over the country and also via online sites. There is a wide variety of first and second lien mortgages, and other mortgage loan products designed for consumers, builders and real estate professionals. Wholesale lending makes home loans available to you through mortgage brokers.

Correspondent lending works by marketing your home loans through mortgage bankers and other lending institutions. On top of marketing loans through mortgage bankers, your mortgage company also provides short-term financing to mortgage bankers.

If you have friends in the lower income groups or who belong to minorities, you will find that your mortgage company is an active lender to this market. Country Wide Mortgage Company has committed to finance more home loans to minorities and lower-income borrowers by the end of the decade.

In addition to mortgage banking, you will find Country Wide Mortgage Company involved, through its affiliates and subsidiaries, in loan closing services (appraisal, credit reporting and the like), the capital markets (trading in mortgage- and asset-backed securities) and banking (deposits, mutual funds, retirement annuities).

The mortgage loan company provides your insurance needs through insurance subsidiaries including life insurance, homeowners and auto insurance.


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