Organizational Factors: Implementing & Auditing Ethics Programs
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?
*NOTE: Please answer each question with the minimum word count of 200-250 words. Review attachment for Case 9, Country Wide Financial, and answer each question thoroughly. Place answers underneath each question so I know how to break it down, total of 4 questions. Use APA format to include in-text citations and a reference page. Use the attachment as a reference as well. Let me know if you have any questions or comments.