This paper concentrates on the primary theme of Countrywide Case Study in which you have to explain and evaluate its intricate aspects in detail. In addition to this, this paper has been reviewed and purchased by most of the students hence; it has been rated 4.8 points on the scale of 5 points. Besides, the price of this paper starts from £ 79. For more details and full access to the paper, please refer to the site.
1. In a narrative format, discuss the key facts and critical issues presented in the case.
2. What were the incentives for Countrywide to write so many subprime loans?
3. What was Countrywide`s logic in thinking that originating loans for people with poor credit ratings would result in positive outcomes?
4. If you were CEO of Countrywide Financial, how would you have structured the evaluations of salespeople to prevent them from making loans to anybody without following specific guidelines on income, appraisals, and documentation?
I added two articles, 1) "How the roof fell in on Countrywide" and 2) "The deal that cost Bank of America $50 billion - and counting" to the Unit 4 Course Materials. You should read and review at least one of those articles and incorporate material from it into your responses to the Countrywide case study. Both were published after the case was written and include information that should be useful with at least one of the case questions in the Complete section.
Please include references and in text citations