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California Mortgage Lenders News is an EIN News Service for real estate professionals. Constantly updated news and information about California Real Estate.
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Latest California Mortgage Lenders News

  • Buyers, Be Wary 8 Dec 2009 05:54 GMT
    ... in their home in San Juan Capistrano, Calif., in December 2009. The couple bought a ... steps would be getting pre-approved by a mortgage lender so that once you find a property ...

  • SEC charges former New Century Financial executives with fraud: Subprime lender's collapse helped trigger financial crisis 8 Dec 2009 05:20 GMT
    ... Washington Post Staff Writer Tuesday, December 8, 2009 The ... once one of the nation's largest subprime mortgage lenders, the government's latest attempt to punish executives ... federal court in the Central District of California, the SEC alleges that the lender tried ...

  • Civil Suit Says Lender Ignored Own Warnings 8 Dec 2009 03:42 GMT
    ... the subprime fiasco, in sunny Orange County, Calif., lie at the heart of one of ... the New Century Financial Corporation, a giant mortgage lender that, the authorities now say, lied to its ... suit filed in the Central District of California, come two years after New Century buckled ...

  • SEC accuses 3 ex-New Century executives of fraud over subprime mortgage collapse 8 Dec 2009 02:45 GMT
    ... accused three former top executives of collapsed mortgage lender New Century Financial Corp. of fraud, saying they ... their bonuses or stock option awards. Irvine, Calif.-based New Century had been the No. 2 ... March 2008 report, a court examiner in California found that New Century used improper accounting ...

  • SEC charges three former New Century Financial executives with fraud 8 Dec 2009 02:15 GMT
    ... Washington Post Staff Writer Tuesday, December 8, 2009 The ... once one of the nation's largest subprime mortgage lenders, the government's latest attempt to punish executives ... federal court in the Central District of California, the SEC alleged that the lender tried ...

  • SEC charges former New Century Financial executives with fraud: Subprime lender's collapse help trigger financial crisis 8 Dec 2009 02:12 GMT
    ... Washington Post Staff Writer Tuesday, December 8, 2009 The ... once one of the nation's largest subprime mortgage lenders, the government's latest attempt to punish executives ... federal court in the Central District of California, the SEC alleged that the lender tried ...

  • SEC charges former New Century Financial executives with fraud 8 Dec 2009 02:04 GMT
    ... Washington Post Staff Writer Tuesday, December 8, 2009 The ... once one of the nation's largest subprime mortgage lenders, the government's latest attempt to punish executives ... federal court in the Central District of California, the SEC alleged that the lender tried ...

  • House Democrats eye 'cramdown' measure for regulatory reform bill 8 Dec 2009 00:10 GMT
    ... House Democrats eye 'cramdown' measure for regulatory reform bill ... Supporters say it is necessary to force mortgage lenders and servicers to modify loans as the ... John Conyers (D-Mich.) and Rep. Zoe Lofgren (D-Calif.). Lofgren's office confirmed to The Hill that ...

  • Walking away from a mortgage: Desperate, or savvy? 7 Dec 2009 23:15 GMT
    ... the nation's housing bust -- Florida, Arizona, California, Michigan and Nevada -- the share of ... number for how long that could take. Mortgage lender Fannie Mae won't back another loan for five ...

  • Who's Who in the SEC's Fraud Charges Against New Century 7 Dec 2009 22:40 GMT
    ... charges against three former executives of subprime mortgage lender New Century Financial Corp., alleging they misled ... the suit: The former CEO co-founded Irvine, Calif.'s New Century Financial in 1995, helping to ...

  • House Democratss eye 'cramdown' measure for regulatory reform bill 7 Dec 2009 22:32 GMT
    ... House Democratss eye 'cramdown' measure for regulatory reform bill ... Supporters say it is necessary to force mortgage lenders and servicers to modify loans as the ... John Conyers (D-Mich.) and Rep. Zoe Lofgren (D-Calif.). Lofgren's office confirmed to The Hill that ...

  • SEC charges ex-N.Century execs in subprime case 7 Dec 2009 22:12 GMT
    ... Countrywide Financial, who built the largest U.S. mortgage lender, with securities fraud and insider trading. Rosalind ... District Court for the Central District of California, No. 09-01426. (Reporting by Karey Wutkowski and ...

  • SEC accuses 3 ex-New Century execs of fraud 7 Dec 2009 22:12 GMT
    ... accused three former top executives of collapsed mortgage lender New Century Financial Corp. of fraud, saying they ... to calls seeking comment Monday afternoon. Irvine, Calif.-based New Century had been the No. 2 ... March 2008 report, a court examiner in California found that New Century used improper accounting ...

  • SEC charges ex-N.Century execs in subprime case 7 Dec 2009 21:40 GMT
    ... Countrywide Financial, who built the largest U.S. mortgage lender, with securities fraud and insider trading. Rosalind ... District Court for the Central District of California, No. 09-01426. ...

  • US SEC charges ex-N.Century execs in subprime case 7 Dec 2009 21:24 GMT
    ... Countrywide Financial, who built the largest U.S. mortgage lender, with securities fraud and insider trading. Rosalind ... District Court for the Central District of California, No. 09-01426. (Reporting by ...


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