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Countrywide Financial Failure

Satisfactory Essays

As CEO of Countrywide Financial I believe CEOs hold the responsibility of the company they are over. Executives of companies should not be compensated for failure, if their company falls, then the chief executives should submit with the failure of the company. The structure would be different in my case as CEO, interviews would be conducted monthly to ensure individuals are following through with their payments. If there are delinquencies, it would followed up on and address the issues at hand. These delinquencies would not fall through the cracks. A checklist would be issued in order to ensure all sales staff have conducted the right evaluations for all loan applications. It would not be overlooked, if a traditional loan was possible for the

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