When it comes to correspondent lending, Countrywide has clout and in big capital letters. The Calabasas, CA, lender took first place in the 2003 wholesale/corresponding lending survey by sister publication Inside Mortgage Finance, with an estimated volume of $222.8 billion. Correspondent lending made up 69.3 percent of the lender’s 2003 total wholesale volume of $321.7 billion, making the correspondent channel the most important of Countrywide’s four production divisions.