Lenders to halt New Century financing
11319
New Century Financial Corp. , the largest independent U.S. subprime lender, said on Monday that its lenders plan to halt financing, in a development that could push the company closer to bankruptcy.
373750
The company said it will close its business in Britain that issues home loans and significantly scale back its mortgage business in the United States.
434948
Maryland's Division of Financial Regulation has ordered Frederick C. Lee Jr. and his Georgia company, Financial Independence Group, to stop all mortgage-related business after discovering that Lee and his company were originating loans in Maryland without a license.
315009
Mortgage lender New Century Financial Corp. , the subject of bankruptcy rumors on Thursday, said it had received $265 million in financing.
285296
Ameriquest Mortgage Co, the largest U.S. subprime lender as recently as 2005, is closing, the latest home loan provider to shut down amid the nation's housing market slump.
379955
The number of loans past due among people with weak credit histories rose to 13.33 percent. One lender, New Century, faces delisting and an S.E.C. investigation.
445039
Ameriquest Mortgage Co, the largest  U.S. subprime lender as recently as 2005, is closing, the  latest home loan provider to shut down amid the nation&#39;s  housing market slump.
724644
New Century Financial Corp.  on Tuesday said the U.S. Securities and Exchange Commission is investigating the subprime mortgage lender, which is under siege from creditors and has stopped making loans.
234143
State securities regulators have moved to suspend or revoke the licenses of nine former brokers for Metropolitan Mortgage &amp; Securities, the bankrupt financial conglomerate that has left thousands of people across the Northwest holding hundreds of millions
461217
New Century Financial Corp.  said on Tuesday it dismissed Chief Executive Brad Morrice "without cause," leaving the bankrupt subprime mortgage lender owing him more than three years' salary as a payout.
403608
Authorities are investigating stock sales and accounting errors at the New Century Financial Corporation, which specializes in subprime lending.
480331
The Securities and Exchange Commission yesterday ordered mutual funds to stop paying higher commissions to brokers who promote the companies&#39; funds.
329962
Freddie Mac FRE.N, the No. 2 U.S.  mortgage finance company, said on Monday it will no longer  serve as a broker dealer in the multi-trillion-dollar mortgage  bond market, a move some said is designed to lower risk and  placate regulators.
241036
Freddie Mac , the No. 2 U.S. mortgage finance company, said on Monday it will no longer serve as a broker dealer in the multi-trillion-dollar mortgage bond market, a move some said is designed to lower risk and placate regulators.
203670
New Century Financial Corp. , the largest U.S. subprime lender in bankruptcy, said on Thursday it probably inflated 2005 earnings because of accounting errors, a disclosure that might add fuel to federal criminal and regulatory examinations into the company.
708660
Beware of interest-only mortgages and other extreme loans.
133519
Stop financing your lender's lifestyle, and keep more money for yourself.