Organizational Factors: Implementing & Auditing Ethics Programs

Click Here to access the Countrywide Financial case studyhttp://vcampbethel.blob.core.windows.net/public/Courses/OL_3250/Unit_4/Countrywide_Case_March_2009.pdfCase SummaryIn a narrative format, discuss the key facts and critical issues presented in the case.Case AnalysisWhat were the incentives for Countrywide to write so many subprime loans?Case AnalysisWhat was Countrywide’s logic in thinking that originating loans for people with poor credit ratings would result in positive outcomes?ApplicationIf 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?