Bankruptcy
Latest Posts
ResMAE Says Exits Chapter 11
Jun 18, 2007ResMAE Mortgage Corp., one of the largest subprime lenders during the recent housing boom, announced Friday afternoon that is has successfully exited the Chapter 11 bankruptcy reorganization process. ResMAE filed for bankruptcy protection in February and announced an agreement to sell certain assets of the company to affiliates of Citadel for $180 million in March.
-
New Century Tagline: Screwing Up Royally, Since 2005
May 25, 2007 -
New Century Looks to Head Off More Litigation?
May 17, 2007 -
New Century: Thank Goodness the Execs Are Still Being Paid
May 08, 2007 -
Game Over: New Century Won’t Be Bought
May 04, 2007 -
ResCap To Shed 700 More Jobs Amid Subprime Turndown
Apr 20, 2007 -
Consulting Firm Offers Subprime Risk Guidance
Apr 10, 2007 -
New Century Sued by UBS
Apr 06, 2007 -
BK Court Approves DIP Financing for New Century
Apr 06, 2007 -
SouthStar Funding Goes Under
Apr 02, 2007 -
New Century Bankrupt; Will Sell Servicing Platform For $139 Million
Apr 02, 2007
Latest Videos
The New York sessions: Andrew Quist of SecurityNational Mortgage Company Jul 13, 2026 10:54 am
AI is changing mortgage lending. Business intelligence is making it possible. Jul 09, 2026 3:49 pm
