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Countrywide To Cut As Many As 12000 Jobs

By admin | September 10, 2007

The nation's largest institution lender Countrywide fiscal Corporation said it plans to severed up to 12,000 jobs, 20 percent of it's workforce, over the next three months. Most of the job cuts will take classify in areas most counterfeit by lower origination volumes. Countrywide said that it expects its 2008 lend originations to be here 25% lop off than 2007.

Countrywide also stated that it will...

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Topics: Mortgage News |

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