New Century Names Head of New Unit

Randy Pool has been named executive vice president and general manager of the newly formed National Correspondent Lending Division of New Century Financial Corp., Irvine, Calif.Mr. Pool will report to Patrick J. Flanagan, president of the New Century Mortgage Corp. He was most recently an executive vice president at Argent Mortgage Co., and previously held various senior management positions at Community Home Funding Group, The Money Store, U.S. Property and Appraisal Services, and The Associates Financial Services Co., New Century said. New Century can be found online at http://www.ncen.com.