New Century Financial Corporation

SEC files fraud lawsuit against three former IndyMac executives [Updated]

2011-02-11 16:34:27

<![CDATA[SEC files fraud lawsuit against three former IndyMac executives [Updated]]]>

Prominent attorney fatally shot on lawn of his Rolling Hills Estates home

2009-12-08 16:33:34

<![CDATA[Prominent attorney fatally shot on lawn of his Rolling Hills Estates home]]>

Detectives look at attorney's cases, hoping to unravel shooting death outside Palos Verdes home

2009-12-08 21:33:35

<![CDATA[Detectives look at attorney's cases, hoping to unravel shooting death outside Palos Verdes home]]>

Next up for the financial-meltdown panel: Face time with Greenspan, Prince, Rubin and Mudd

2010-04-06 21:34:06

<![CDATA[Next up for the financial-meltdown panel: Face time with Greenspan, Prince, Rubin and Mudd]]>

Edward Gotschall dies at 53; helped found subprime giant New Century Financial

2009-01-13 00:00:00

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...

The housing bubble's silver lining

2007-05-20 00:00:00

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...

Price tag in mortgage crisis is looking like real money

2007-11-30 00:00:00

The 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....

A town right on the default line

2007-12-17 13:50:54

By 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...

Subprime meltdown culprits

2008-10-25 00:00:00

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)...

HUD's Dollar Homes falls short of mission

2009-04-12 00:00:00

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...

Promotions and appointments

2006-11-01 00:00:00

Greg Isaacs has joined LeadPoint. Jeff Kichaven will join JAMS. Scott Shagrin and Ira Ravitz have moved to Merrill Lynch. Excel Life Sciences hired Dr. Vijai Kumar. Nero named Kris Barton general manager. Salem Communications promoted Michael Reichert....

New Century Financial Corporation announces the arrival of the housing bubble bursting when it declared bankruptcy.

2007-04-02 00:00:00