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New Century Will Not Attend Senate Hearing on Mortgage Market Turmoil

The Office of U.S. Senator Chris Dodd said representatives with Irvine, California-based New Century Financial Corp. will not be attending the “Mortgage Market Turmoil: Causes and Consequences” hearing scheduled to take place in front of the Senate Banking Committee on Thursday.
Dodd invited representatives from HSBC Finance Corp., Countrywide Financial Corp., WMC Mortgage, First Franklin, and New Century. All of the organizations, except for New Century, confirmed their attendance.


Author: Kerri Panchuk Date: 03/20/2007

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