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A collection of news and information related to New Century Financial Corporation published by this site and its partners.
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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... -
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... -
Death of Prominent Attorney Ruled Homicide
KTLA NewsROLLING HILLS ESTATES -- Investigators have determined that the death of a prominent Los Angeles attorney was a homicide. Los Angeles County sheriff's Lt. Dave Dolson said Thursday that detectives had ruled out suicide in the death of Jeffrey Tidus,...Tags: Justice System, Lawyers, Suicide, Entertainment, Los Angeles
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Southern California Attorney Fatally Shot Outside Home
Los Angeles Times Staff WriterLos 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 with Baute &...Tags: Justice System, Lawyers, California, Entertainment, Murder
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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...... -
Lenders putting brakes on popular home deal
In the latest sign that the nationwide credit crunch is worsening, lenders are saying no to borrowers who want no-money-down mortgages. The popular financing option, which require no down payment and finance 100 percent of a home loan, is being...Tags: Wethersfield, Prices, American Home Mortgage Investment Corporation, Freddie Mac, Hartford (Hartford, Connecticut)
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Would-be borrowers are getting no credit
Associated PressWith a second child on the way, Chris Shields and his wife, Michelle, wanted to move from their two-bedroom apartment in Southern California to a house with more space. But because their timing coincided with a shakeout in the mortgage market earlier...Tags: Financial and Business Services, Hudson River, Credit Ratings, New Jersey, Washington, DC
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Broken Dreams
Of The Morning CallWhen Charline Pillinger thinks about the cozy twin home in North Catasauqua she bought two years ago, she finds it hard to believe how quickly her little bit of the American dream turned into a nightmare. Pillinger, a dental assistant, and boyfriend...Tags: Credit Ratings, Housing Industry, Banking, New Jersey, Federal Bailout Funds
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Greenpoint Mortgage cutting 61, closing office
Heads continue to roll at mortgage companies in town, with the number of Chicago-area employees getting pink slips over the past six months surpassing 1,200. Greenpoint Mortgage Funding Inc. , a unit of Capital One Financial Corp., has alerted the...Tags: Banking, Schaumburg, First Midwest Bancorp Incorporated, MB Financial Inc., Mergers, Acquisitions and Takeovers
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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: Colleges and Universities, U.S. Department of Justice, The Ohio State University, Career and Workplace, Retirement
Feb 11, 2011
| Los Angeles Times
Dec 8, 2009
| Los Angeles Times
Dec 8, 2009
| Los Angeles Times
Dec 8, 2009
| Los Angeles Times
Dec 10, 2009
|Story| KTLA-LTV
Dec 8, 2009
|Story| Los Angeles Times
Apr 6, 2010
| Los Angeles Times
Aug 24, 2007
|Story| Chicago Tribune
May 13, 2007
|Story| Chicago Tribune
Jul 15, 2007
|Story| Allentown Morning Call
Oct 12, 2007
|Story| Chicago Tribune
Jan 13, 2009
|Story| Los Angeles Times
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