James Furash, chief executive of a depository owned by Countrywide Financial Corp., Calabasas, Calif., has left the company, according to combined news reports.At deadline time, Countrywide spokesman Rick Simon had not returned a telephone call about the matter. Countrywide's federally insured bank had $84 billion in assets at the end of March. Countrywide is the nation's largest residential funder, according to the Quarterly Data Report. Its bank holds deposits of consumers in the form of certificates of deposit and mortgage escrow accounts. The parent company places home equity loans and ARMs on the balance sheet of the bank. Countrywide can be found online at http://www.countrywide.com.
Countrywide Bank Chief Departs
April 13, 2007, 2:00 p.m. EDT 1 Min Read
