Pasadena, California-based ""IndyMac Bancorp Inc."":http://www.indymacbank.com/ asked the media to distance its subsidiary IndyMac Bank from the subprime market by announcing most of its loans are not considered ""subprime."" ""IndyMac has...
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Four States Tell New Century Mortgage: “”Stop Taking New Loans””
...Irvine, California-based New Century Financial Corp. In the company's latest SEC filing, New Century says the states of Massachusetts, New Hampshire, New Jersey, and New York have all issued cease...
Read More »Massachusetts Official Subpoenas Documents from UBS, Bear Stearns
...met."" While the subpoena includes all documents related to the companies' analysis of Irvine, California-based New Century Financial Corp., the investigation is not limited to New Century Financial. %[=VerticalMenu1_VerticalMenu1] %...
Read More »New Century Financial Corp. Removed from NYSE?
...A) and its 9.75 percent Series B Cumulative Redeemable Preferred Stock (NEW Pr B) on the NYSE. The Irvine, California-based lender said it was removed from the NYSE's listings after...
Read More »Foreclosure Radar Offers Another Angle on Stats
p{=margin-bottom: 0in;}. Foreclosure Radar, a foreclosure listings and software company, announced that it offers real-time, daily statistics on foreclosure auctions in California. According to the company, media reports have understated...
Read More »New Century Financial Prepared for Criminal Probe
Irvine, California-based ""New Century Financial Corp."":http://www.ncen.com/ is prepared to cooperate with federal investigators as the government continues its probe into the company's financial practices, according to a statement New Century...
Read More »Despite Subprime Struggles, Countrywide Says Loan Servicing Continues to Grow
Calabasas, California-based ""Countrywide Financial Corp."":http://my.countrywide.com/ is experiencing growth in certain areas over prior year despite troubles currently plaguing lenders in the subprime market. The company released operational results for the...
Read More »New Century Financial Loses Lenders
Irvine, California-based ""New Century Financial Corp."":http://www.ncen.com/ alerted the entire subprime lending market and Wall Street on Monday when it filed an 8-K form with the Securities and Exchange Commission stating...
Read More »Default Research Inc. to Provide Pre-Foreclosure Data in Colorado
...California, Florida, Michigan, Nevada, New Mexico, and Washington. ""Our data provides an opportunity for people to help people,"" said Bankaci. ""By providing the latest, most accurate and easy to use...
Read More »Fitch Downgrades Primary Servicer Rating on New Century Mortgage Subprime Produc
...watch. New Century Mortgage, a subsidiary of Irvine, California-based New Century Financial Corp., orginates mortgage loans including products for the nonprime market. Fitch said in a press release, ""the rating...
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