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Loan Modification

: Mortgage Lender Implode-o-Meter

Former New Century execs barred for five years by SEC for misleading disclosures

By Implode-Explode Heavy Industries

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"The Securities & Exchange Commission (SEC) has accepted settlement offers from three former officers of New Century Financial Corporation: Brad A. Morrice, the former New Century chief executive officer and co-founder; Patti M. Dodge, the former chief financial officer; and David N. Kenneally, former New Century controller."

Full post as published by Mortgage Lender Implode-o-Meter on August 02, 2010 (boomark / email).

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