Mortgage Daily

Published On: October 20, 2005
Countrywide Adding 1,500 Dallas Area Jobs

New Plano data center to be occupied in 2006

October 20, 2005

By COCO SALAZAR

photo of Coco Salazar
Countrywide Financial will further expand in the Lone Star state with a new data center that will create 1,500 new jobs in the Dallas/Ft. Worth metroplex.

The recently purchased 421,000 square-foot space in Plano, Texas, will begin being occupied sometime in 2006, Countrywide spokesman Rick Simon told MortgageDaily.com.

The three-building campus will serve as a data center for all of Countrywide’s Texas operations, the spokesman said.

The 1,500 planned Plano positions will either be new hires or employees shifted from other Texas facilities, Simon said. The employees will fulfill information technology, data collection and data storage jobs, as well as other mortgage operation positions shifted from surrounding areas.

The jobs will have an average salary of $38,000, he added.

The recent purchase in Plano not only provided proximity to an existing central facility, which is only a few miles down the road, it is consistent with Countrywide’s original 1993 move into Texas as an effort to expand outside its California base into more favorable business climates and to have continuity operations in case of a natural disaster in the Golden State, Simon said.

The staff boost is part of the 7,500 Texas jobs Countrywide said it would produce over the next six years when it received a $20 million grant from the Lone Star state in December. Texas Governor Rick Perry said the job creation was the largest in the United States since the year 2000.

Currently, Richardson, Plano and Fort Worth hold Countrywide’s main sites in Texas, but the company is looking to expand outside of the metroplex, perhaps into Austin and Midland, Simon added.


Coco Salazar is an assistant editor and staff writer for MortgageDaily.com.E-mail: [email protected]

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