COUNTRYWIDE TO EXPAND SITE; SIMI FIRM WILL DOUBLE WORK FORCE AND ADD NEW OFFICES.Byline: Lisa Mascaro Daily News Staff Writer Countrywide coun·try·wide adv. & adj. Throughout a whole country; nationwide: launched a fundraising campaign countrywide; a countrywide search. Adj. 1. Home Loans, the city's largest employer, is about to have a growth spurt growth spurt Pediatrics A period of rapid growth in middle adolescence; ♀ ↑ ±8 cm/yr ±age 12; ♂ ↑ ±10 cm/yr ± age 14; GS is orderly, affecting acral parts–ie, hands and feet grow before proximal regions, , doubling the size of its vast campus and adding more than 1,000 workers. Now that the City Council has signed off on development plans, the loan giant expects to purchase a Madera Road warehouse and renovate it into an office building for new employees. ``We've been very happy with Simi Valley Simi Valley (sē`mē, sĭm`ē), city (1990 pop. 100,217), Ventura co., SW Calif. in an oil, fruit, and farm region; laid out 1887, inc. 1969. ,'' said Rich Lewis, managing director and chief administrative officer A chief administrative officer (CAO) is responsible for administrative management of private, public or governmental corporations. The CAO is one of the highest ranking members of an organization, managing daily operations and usually reporting directly to the chief executive of Countrywide, which relocated re·lo·cate v. re·lo·cat·ed, re·lo·cat·ing, re·lo·cates v.tr. To move to or establish in a new place: relocated the business. v.intr. from Pasadena six years ago and has outgrown its new home. ``We will be spreading out a bit.'' The national home finance corporation will use its new space to expand loan service operations, bringing its local work force to more than 3,300. Local officials welcomed the bolstered business plan, saying they are pleased the company plans to continue growing - as long as an agreed-upon traffic light is installed on Madera Road. ``This is great and these are the kind of jobs we're looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. ,'' said Mayor Greg Stratton. ``It's always good to have more jobs, and people can live closer to home.'' From mail room clerks and administrative assistants to loan processors and insurance auditors, the home loan corporation - and a sister company, Countrywide Insurance Services - is expecting a range of jobs for the new offices. The new building, adjacent to existing corporate offices at Madera Road and the Ronald Reagan Freeway, is expected to double the office space with a two-story complex that should be complete within nine months. Once construction is finished, the company plans to begin bringing on new employees, hoping to fill the estimated 1,000 jobs within two years. Currently, there are about 125 jobs open at the local office. The Calabasas-based firm, which won approval for its development plan at the council meeting Monday, is among the nation's largest home mortgage companies, with more than 450 branches and 9,000 employees nationwide. The company said it hopes to continue building a relationship with the city through its support of local service clubs and youth internship internship /in·tern·ship/ (in´tern-ship) the position or term of service of an intern in a hospital. internship, n the course work or practicum conducted in a professional dental clinic. programs. ``The city's showed support for us and we appreciate that very much,'' Lewis said. |
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