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New Century unit files for bankruptcy — last shoe drops

posted 250 weeks ago on Mortgage Insider

New Century Warehouse, which does business as Access Lending Corp. and is owned by Irvine-based New Century Financial Corp., filed for bankruptcy Friday in Wilmington, Del., listing assets and debts of less than $100 million, reports Bloomberg. Here's more from Bloomberg: â??This is the last major operation to file for bankruptcy,â? company spokesman Dan Gagnier said in [...]
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