Overview
Location
United States
Employees
1-10
Mentions in press and media 3
| Date | Title | Description |
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| Mar 9, 2007 | New Century Stops Funding Loans; Liquidity ‘Gone’ | New Century Financial Corporation (NYSE:NEW) confirmed yesterday that it has ceased funding new mortgage loans, as the troubled lender faces a liquidity crisis that may force the third largest subprime originator into bankruptcy. In a press... |
| Feb 8, 2007 | Repurchases Force New Century to Restate Earnings | Caught unprepared by a flood of loan repurchases, New Century Financial Corporation said late Wednesday that it will restate its consolidated financial results for the first three quarters of 2006 and will delay the release of fourth quarte... |