Items Tagged with 'Matthew Padilla'


  • Mortgage Market Roundup, Monday Edition

    A start-of-the week roundup for everyone, so as always, feel free jump off where you're interested most ... What's mine is yours: Regular HW readers know that I'm about to embark on running this site full time (just a few more days and I'll be free of the current day job).
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  • New Century Execs Head for the Exits, After Getting Paid Bonuses

    For those who don't already know, now-former New Century CEO Brad Morrice left the defunct lender he co-founded this week, along with a wide swath of other now newly-unemployed executives. Matthew Padilla over at Mortgage Insider has a good post on this, wondering why Morrice left now. For those interested in reading the full SEC filings on this, click here.
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  • New Century Tagline: Screwing Up Royally, Since 2005

    Via the Mortgage Insider, defunct subprime lender New Century Financial disclosed yesterday that -- oops! -- it "more likely than not" overstated its 2005 earnings. It previously had only pulled back the magic curtain to reveal problems dating to 2006. Matthew Padilla at the OC Register wishes he could see more of what Oz has behind that curtain, too:
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