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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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    Feb 11, 2011 | Los Angeles Times
  1. SEC files fraud lawsuit against three former IndyMac executives [Updated]

    Money & Company
    Targeting 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...
  2. Apr 6, 2010 | Los Angeles Times
  3. Next up for the financial-meltdown panel: Face time with Greenspan, Prince, Rubin and Mudd

    Money & Company
    In 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......
  4. Dec 10, 2009 |Story| KTLA-LTV
  5. Death of Prominent Attorney Ruled Homicide

    ROLLING HILLS ESTATES -- Investigators have determined that the death of a prominent Los Angeles attorney was a homicide.
    KTLA News
    ROLLING 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: Mortgages, Justice System, Lawyers, Assault, Crime, Law and Justice

  6. Dec 8, 2009 | Los Angeles Times
  7. Detectives look at attorney's cases, hoping to unravel shooting death outside Palos Verdes home

    L.A. NOW
    Detectives 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,......
  8. Dec 8, 2009 | Los Angeles Times
  9. Prominent attorney fatally shot on lawn of his Rolling Hills Estates home

    L.A. NOW
    Los 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......
  10. Dec 8, 2009 | Los Angeles Times
  11. Top stories: Diedrich Coffee picks suitor, ex-subprime executives sued, Zucker and Roberts in D.C.

    Money & Company
    It'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...
  12. Dec 8, 2009 |Story| Los Angeles Times
  13. Southern California Attorney Fatally Shot Outside Home

    Los 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.
    Los Angeles Times Staff Writer
    Los 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: Isuzu Motors Ltd., California, Justice System, Lawyers, Business Enterprises

  14. Apr 12, 2009 |Story| Los Angeles Times
  15. 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.
    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: Mortgages, Family, California, Personal Income, Politics

  16. Jan 13, 2009 |Story| Los Angeles Times
  17. 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: Family, Retirement, University of Texas at Austin, The Ohio State University, Career and Workplace

  18. Oct 25, 2008 |Story| Los Angeles Times
  19. 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: Family, Mortgages, Fannie Mae, Justice System, Social Issues

  20. Sep 15, 2008 |Story| WXIN-LTV
  21. Wall St. braces for Lehman bankruptcy; BofA will buy Merrill

    NEW YORK -- Transforming the face of Wall Street, two major securities firms succumbed Sunday to the country's long-running mortgage crisis as Merrill Lynch & Co. agreed to a hastily arranged, $50-billion takeover by Bank of America Corp. and Lehman Bros....

    Tags: Mortgages, Fannie Mae, Deutsche Bank AG, Politics, Banking

  22. Dec 17, 2007 |Story| Los Angeles Times
  23. A town right on the default line

    Los Angeles Times Staff Writer
    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...

    Tags: Mortgages, Florida, Vehicles, California, Financial and Business Services

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New Century Financial Corporation Photos
New Century Financial Corporation announces the arrival...
(April 2, 2007)
Apr. 2: New Century declares bankruptcy