PASADENA, Calif. - Countrywide Funding Corp. has promoted Joe Anderson to executive vice president for operations of its consumer markets division.

Mr. Anderson had managed production and operations of the division's eastern region, which has more than 125 offices.

He will now be responsible for training, technology, finance, systems support, and policies and procedures nationwide.

The promotion makes Mr. Anderson the number-two executive in the consumer division. He reports to Rick Cossano, also an executive vice president.

He had worked with three other mortgage companies before joining Countrywide seven years ago.

Also moving up at the consumer group is Phyllis Bucklew, who has been named executive vice president in charge of the eastern division, replacing Mr. Anderson. She had previously managed operations and production of 14 Countrywide branch offices in Florida.

Countrywide Funding is the principal lending subsidiary of Countrywide Credit Industries.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.