Patti M. Dodge and Kevin M. Cloyd have been promoted to executive vice presidents of New Century Financial Corp., Irvine, Calif.Ms. Dodge, 43, will be responsible for strategic planning and all financial functions and will continue in her role as senior vice president and chief financial officer of New Century Mortgage Corp. Mr. Cloyd, 33, will be responsible for whole-loan sales, securitizations, warehouse line management, and pipeline and hedging management. He will also continue as president of NC Capital Corp. New Century can be found online at http://www.ncen.com.
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Regulators specifically called out Academy's directors for their failure to properly oversee operations and conduct audits in a consent order.
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A shareholder suit says executives are responsible for stock losses in failing to disclose behind-the-scenes moves related to the ill-fated Two Harbors deal.
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Retail sales fell 0.6% in July despite a World Cup bump and the University of Michigan's consumer sentiment index declined to cap off a pivotal week of economic indicators.
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The six underwriters did 17% more business versus the second quarter of 2025, with earnings per share estimates increased for four of them as a result.
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The structure contains seven tranches of class A notes, including two tranches for first cash flow and last cash flow, both initially exchangeable.
August 14 -
Wealthfront's digital-first home lending unit is now live in its largest client market, targeting rates 50 basis points below the national average
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