Search for: "New Century Mortgage"
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10 Jun 2016, 9:37 am
Pouliot, First Vice President, Mortgage Manager, Federal Home Loan Bank of BostonFHLB System Your One stop Shopping Partner for the Secondary MarketCome and listen to what the Federal Home Loan Bank of Boston is doing about providing liquidity for the Housing Finance Industry, new initiatives that will promote job growth and new or enhancements to the Mortgage Partnership Finance program. [read post]
20 Aug 2011, 5:09 am
Bank, and Wells Fargo & Company, and wholesale mortgage lenders, including New Century Mortgage Corporation and Ocwen Financial Corporation. [read post]
8 Dec 2008, 4:32 pm
New Century! [read post]
7 Apr 2009, 5:53 am
It’s not easy to contact a mortgage servicer. [read post]
19 Mar 2008, 10:18 am
As of 20007, authorities have initiated criminal investigations of many lenders including, New Century Financial Corp. an Irvine subprime lender who is now bankrupt. [read post]
11 May 2007, 1:25 pm
Citing a quote from a 1987 appellate decision, the AD1 noted as follows:"It has been settled law since the early 19th century that a mortgagor has no right to pay off his obligation prior to its stated maturity date in the absence of a prepayment clause in the mortgage or contrary statutory authority" ... [read post]
27 Mar 2008, 4:39 am
A sweeping five-month investigation into the collapse of one of the nation's largest subprime lenders points a finger at a possible new culprit in the mortgage mess: the accountants. [read post]
1 Jun 2008, 9:48 am
According to the report, some investment banks agreed to reject only 2.5 percent of the loans that New Century sent them to package up and sell to investors. [read post]
21 Jun 2018, 12:16 pm
Today, the Trump administration released a report entitled Delivering Government Solutions in the 21st Century: Reform Plan and Reorganization Recommendations. [read post]
21 Jun 2018, 12:16 pm
Today, the Trump administration released a report entitled Delivering Government Solutions in the 21st Century: Reform Plan and Reorganization Recommendations. [read post]
2 Apr 2009, 7:19 pm
Yesterday's news that the trustee in bankruptcy for former subrime mortgage giant New Century (one of the first big subprime lenders to fail a couple of years ago) had sued KPMG and its international parent over the collapse of New Century didn‘t really come as a shock. [read post]
15 Feb 2013, 10:28 pm
What a long, strange road it's been: ...the dismantling of the Bretton Woods regime, the deregulation of interest rates, the legalization of adjustable-rate mortgages, the invention of securitization, the elimination of the consumer interest deduction, the demographic wave of baby boomers establishing new households, deregulation of savings and loans, the savings and loan crisis, the invention of financial derivatives, the lowering of tax rates, or the 21st… [read post]
24 Mar 2008, 3:46 am
Carrington, part-owned by failed U.S. subprime lender New Century, has [...] [read post]
25 Aug 2017, 10:00 am
The CFPB is also releasing a new consumer guide and video designed to help consumers understand how a reverse mortgage works, associated risks, and the borrower’s responsibilities. [read post]
16 Apr 2007, 1:49 pm
O’Melveny & Myers won the high-profile assignment of representing New Century Financial in its bankruptcy proceeding. [read post]
4 Apr 2007, 7:26 am
With publicly traded corporations who issue these subprime mortgages filing for bankruptcy (such as New Century Capital Corporation) shareholders in these corporations are suffering huge losses on their investments, causing a decline in their personal investment portfolios. [read post]
6 Oct 2009, 2:57 pm
Here is the latest: As some of you already know, I blogged recently about being interviewed recently by our local NBC news affiliate. [read post]
6 Jul 2011, 10:11 pm
The insurer claims that the financial firm sold it RMBS under the assurances that they were in alignment with “conservative” underwriting standards and that the properties had received accurate appraisals when, actually, Morgan Stanley RMBS did not meet these standards and had come from originators that Allstate categorizes as among “worst” in the subprime lending: • New Century Financial Corp. [read post]
17 Jan 2010, 9:29 pm
In 2006, Barclays bought mortgage loans from then-subprime lender New Century Capital Corp. [read post]
19 Dec 2008, 1:03 am
People who bought stock in Countrywide Home Loans and New Century Mortgage have brought class action lawsuits against the lenders for their reckless lending activities, according to an article by Alison Frankel of The American Lawyer. [read post]
