Directory:New Century Financial Corporation

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New Century Financial Corporation (NEWC)

18400 Von Karman Ave., Ste. 1000

Irvine, CA 92612

Phone: 949-440-7030

Fax: 949-440-7033

Toll Free: 800-967-7623

http://www.ncen.com


New Century Financial provides subprime mortgage loans mainly for single-family homes. The company's wholesale division (nearly 90% of sales) originates and purchases loans through a network of 35,000 independent mortgage brokers, while its retail division markets loans directly to individuals via more than 200 offices in 35 states. New Century sells many of its mortgages in pools of loans to institutional buyers. Amid a wave a loan defaults by its customers, New Century has ceased making new loans and filed for Chapter 11 bankruptcy protection.


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