Highlights
A collection of news and information related to New Century Financial Corporation published by this site and its partners.
Displaying items 1-12 of 22
» View latimes.com items only
1
2
•
Next >
-
Judge dismisses parts of IndyMac fraud case
In a setback for federal regulators, a federal judge threw out many of the fraud allegations against former IndyMac Bancorp Chief Executive Michael W. Perry in a case stemming from the collapse of the onetime Pasadena mortgage lender.
U.S. District Judge...Tags: Countrywide Financial Corp., Corporate Officers, Federal Deposit Insurance Corporation, Prosecution, Laws
-
SEC files fraud lawsuit against three former IndyMac executives [Updated]
Money & CompanyTargeting executives of the housing boom's biggest stated-income lender, the Securities and Exchange Commission has accused former IndyMac Bancorp Chief Executive Michael W. Perry and two former chief financial officers of defrauding investors at the... -
Edward Gotschall dies at 53; helped found subprime giant New Century Financial
Edward Gotschall, one of the founders of subprime mortgage giant New Century Financial, died Thursday at his home in Cota de Caza. He was 53. The former high school football standout, who retired as New Century's chief financial officer, was watching a...Tags: Hospitals and Clinics, The Ohio State University, Career and Workplace, Colleges and Universities, Retirement
-
Subprime meltdown culprits
As the cost of Wall Street's credit crisis has mounted, the hunt for villains has intensified and the accusations of fault have widened. At first the focus was on greedy profiteers among lenders and investment bankers, who were an easy (and deserving)...Tags: Social Issues, Federal Reserve, Poverty, Loans, Freddie Mac
-
HUD's Dollar Homes falls short of mission
Jerry and Carol Ptacek bounced from one cramped apartment to another most of their adult lives, so they could hardly believe their luck when they were able to buy a San Bernardino house for the bargain price of $63,000.
Nine years later, they are renters...Tags: Rooms and Sublets, National Government, Metal and Mineral, Condos and Houses, Building Material
-
Prominent attorney fatally shot on lawn of his Rolling Hills Estates home
L.A. NOWLos Angeles County sheriff's detectives today are trying to sort out a mystery in upscale Rolling Hills Estates after a prominent attorney was fatally shot on the lawn of his home. Neighbors identified the man as Jeffrey Tidus, an attorney...... -
Detectives look at attorney's cases, hoping to unravel shooting death outside Palos Verdes home
L.A. NOWDetectives were trying Tuesday to sort out the mysterious death of a prominent Los Angeles attorney found fatally shot in the frontyard of his home in an affluent Palos Verdes Peninsula suburb. Jeffrey Tidus, an attorney with Baute & Tidus,...... -
Top stories: Diedrich Coffee picks suitor, ex-subprime executives sued, Zucker and Roberts in D.C.
Money & CompanyIt's official. Irvine coffee wholesaler Diedrich Coffee Inc. has agreed to be swallowed by Green Mountain Coffee Roasters Inc., Jerry Hirsch writes this morning. Green Mountain's $290-million offer ended a nearly two-month bidding war with rival Peet's... -
Next up for the financial-meltdown panel: Face time with Greenspan, Prince, Rubin and Mudd
Money & CompanyIn the search for who to blame for the financial-system meltdown, some names show up on any short list more often than others. Some of those individuals will be testifying in Washington over the next three days at hearings called...... -
The housing bubble's silver lining
DANIEL GROSS, who writes the "Moneybox" column for Slate, is the author of "Pop! Why Bubbles Are Great for the Economy."THE ONCE-buoyant housing market is clearly in trouble. Last year, housing prices around the country fell for the first year since the Depression. In Southern California, one of the epicenters of the housing and housing-credit bubble, the pain has been...Tags: WorldCom Incorporated, MySpace, Economy, Business and Finance, Global Crossing Limited, Financial and Business Services
-
Price tag in mortgage crisis is looking like real money
Los Angeles Times Staff WritersThe mortgage meltdown is taking a rising toll on the broader economy, increasing pressure on the Federal Reserve to slash interest rates for a third time next month in hopes of averting a recession. Homeowners will see their property values sink by $1....Tags: Federal Reserve, Values, Credit Ratings, Finance, Economy, Business and Finance
-
A town right on the default line
Los Angeles Times Staff WriterBy David Streitfeld, Times Staff Writer Oscar De Leon was washing his car a few weeks ago when he noticed a piece of paper stuck to the front door of the house across the street. He strolled over to check it out. "You are in default," the paper...Tags: Vehicles, Jose Serrano, Financial and Business Services, Property, Companies and Corporations
May 23, 2012
|Story| Los Angeles Times
Feb 11, 2011
| Los Angeles Times
Jan 13, 2009
|Story| Los Angeles Times
Oct 25, 2008
|Story| Los Angeles Times
Apr 12, 2009
|Story| Los Angeles Times
Dec 8, 2009
| Los Angeles Times
Dec 8, 2009
| Los Angeles Times
Dec 8, 2009
| Los Angeles Times
Apr 6, 2010
| Los Angeles Times
May 20, 2007
|Story| Los Angeles Times
Nov 30, 2007
|Story| Los Angeles Times
Dec 17, 2007
|Story| Los Angeles Times
Original site for New Century Financial Corporation topic gallery.
