Mortgage Daily

Published On: August 23, 2006
Lots of AZ Mortgage Jobs

Countrywide adding 2,700 in Chandler

August 23, 2006

By COCO SALAZAR

photo of Coco Salazar
Countrywide Home Loans is adding thousands of jobs in the Grand Canyon State.

The Calabasas, Calif.-based lender has committed to build three buildings of 183,000 square feet each adjacent to its existing facility in Chandler, Ariz., according to an e-mail statement from Ken Preston, senior vice president of Countrywide Home Loans.

Currently, Countrywide employs about 2,000 in Chandler — but the additional buildings will enable the company to expand this number by 2,700 more, Preston said.

The renovated Chandler campus will continue to serve as a center for back room processing, call center and operations personnel, according to the statement.

Countrywide is also in the midst of an aggressive expansion strategy in Minnesota, and will “beef up staffing” in existing and yet to open facilities, according to The Star Tribune. The publication cited that, in the past nine months, the lender opened eight new branches in and outside the Twin Cities’ metro area, fully staffed two existing branches in the vicinity, and that it plans to open three to four more by year’s end.

Preston said the company has aggressively expanded its branch offices staff nationwide over the past few years. He did not disclose how many more branches Countrywide will open in the Minnesota nor an estimate of staffing that would result, citing it was company policy to make announcements until space was negotiated and commitments made to occupy space.

In Minnesota, Countrywide currently has 40 consumer branches and two wholesale offices. As a policy, it doesn’t provide estimates of staffing.

Countrywide has been on a mission to expand its mortgage market share to 30 percent and build workforce to 100,000 by the end of the decade.


Coco Salazar is an assistant editor and staff writer for MortgageDaily.com.e-mail: MortgageWriter@aol.com

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