Comments on: Countrywide ‘migrates’ 16 wholesale fulfillment centers in consolidation move http://blownmortgage.com/2008/05/02/countrywide-closes-16-wholesale-fulfillment-centers-in-consolidation-move/ #1 Free Home Loan Modification & Debt Relief Help For US Home Owners - Truths, Facts & News About the Mortgage Industry Sat, 07 Nov 2009 02:53:18 -0700 http://wordpress.org/?v=2.8.3 hourly 1 By: mikew http://blownmortgage.com/2008/05/02/countrywide-closes-16-wholesale-fulfillment-centers-in-consolidation-move/comment-page-1/#comment-12338 mikew Mon, 05 May 2008 11:51:54 +0000 http://blownmortgage.com/?p=1024#comment-12338 I never understood why they would have multiple wholesale branches in the same states. It does make you wonder if it is a winding down process or just a good old fashion good business decision. <br><br>I do know that the Trevose PA Countrywide branch recently hired additional underwriters. So I take that as a sign of encouragement for their commitment to wholesale. I never understood why they would have multiple wholesale branches in the same states. It does make you wonder if it is a winding down process or just a good old fashion good business decision.

I do know that the Trevose PA Countrywide branch recently hired additional underwriters. So I take that as a sign of encouragement for their commitment to wholesale.

]]> By: morganb http://blownmortgage.com/2008/05/02/countrywide-closes-16-wholesale-fulfillment-centers-in-consolidation-move/comment-page-1/#comment-12337 morganb Sun, 04 May 2008 02:28:03 +0000 http://blownmortgage.com/?p=1024#comment-12337 thanks jim - i heard a rumor that some of the FSL retail branches were<br>closed but couldn't confirm. thanks jim – i heard a rumor that some of the FSL retail branches were
closed but couldn't confirm.

]]> By: Jim http://blownmortgage.com/2008/05/02/countrywide-closes-16-wholesale-fulfillment-centers-in-consolidation-move/comment-page-1/#comment-12336 Jim Sun, 04 May 2008 02:17:56 +0000 http://blownmortgage.com/?p=1024#comment-12336 In addition, some former FSL retail branches in Souther California were closed down on Friday to be consolidated into the Van Nuys, CA sales center.... In addition, some former FSL retail branches in Souther California were closed down on Friday to be consolidated into the Van Nuys, CA sales center….

]]> By: maria gudelis on consolidation of lenders http://blownmortgage.com/2008/05/02/countrywide-closes-16-wholesale-fulfillment-centers-in-consolidation-move/comment-page-1/#comment-10936 maria gudelis on consolidation of lenders Sat, 03 May 2008 04:09:02 +0000 http://blownmortgage.com/?p=1024#comment-10936 [...] Following on the success that Bank of America has with lending retail….countrywide is closing up 16 wholesale lending centers.  You can read more about it on Morgan’s blog, Blown Mortgage.  [...] [...] Following on the success that Bank of America has with lending retail….countrywide is closing up 16 wholesale lending centers.  You can read more about it on Morgan’s blog, Blown Mortgage.  [...]

]]> By: JD http://blownmortgage.com/2008/05/02/countrywide-closes-16-wholesale-fulfillment-centers-in-consolidation-move/comment-page-1/#comment-12335 JD Fri, 02 May 2008 22:55:32 +0000 http://blownmortgage.com/?p=1024#comment-12335 Wow, they had A LOT of fulfillment sites! It's no wonder they had such a large market share, they threw way too many people at the business. Other lenders operated much leaner. It's surprising that they made money at all. Wow, they had A LOT of fulfillment sites! It's no wonder they had such a large market share, they threw way too many people at the business. Other lenders operated much leaner. It's surprising that they made money at all.

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