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Former Countrywide Exec Shares Why He's Crossed to the Nonprofit Side

MANHATTAN BEACH, Calif. -- Kinecta Federal Credit Union shocked the industry again on Oct. 30, when it announced it had hired former Countrywide Financial executive Jess Lederman to fill the newly created position of senior vice president and chief credit officer. The $4.4 billion Kinecta made headlines last year when...

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MANHATTAN BEACH, Calif. — Kinecta Federal Credit Union shocked the industry again on Oct. 30, when it announced it had hired former Countrywide Financial executive Jess Lederman to fill the newly created position of senior vice president and chief credit officer. The $4.4 billion Kinecta made headlines last year when it purchased alternative services provider Nix Check Cashing.

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