Chris McCullough has been named managing director of specialty lending at Countrywide, America's Wholesale Lender, a Plano, Texas-based division of Countrywide Home Loans Inc.Mr. McCullough will oversee the day-to-day operations of Countrywide's wholesale nonprime lending initiatives. Before joining Countrywide, he served as executive vice president of production for WMC Direct within General Electric Consumer Finance, spearheading the company's growth in the nonprime mortgage market, Countrywide said. The Countrywide wholesale unit can be found online at http://www.cwbc.com.
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The Housing for the 21st Century Act includes provisions covering policy, manufactured homes and rural infrastructure introduced in a prior Senate proposal.
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