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Loan Modification

: Mortgage Lender Implode-o-Meter

New Century Bank must raise $30M, review senior executives

By Implode-Explode Heavy Industries

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"Federal and state regulators are ordering New Century Bank of Chicago to shore up its capital by more than $30 million, as they question whether senior executives are able to manage the institution."

Full post as published by Mortgage Lender Implode-o-Meter on February 25, 2010 (boomark / email).

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