Steve
Corona,#2Consumer Suggestion
Thu, March 22, 2007
>>>>"You coudld always threaten to turn them into the banking commission...that is usually enough to get them moving!"<<<< You do realize that Home123/New Century is basically bankrupt and has ceased all lending operations? They are not taking any new loans, sent other loans back to brokers, stopped funding loans 3 weeks ago. Their stock was at $33.00 in October, it was de-listed last Monday and is trading somewhere around $.81 right now. Their have been served subpoenaes from the Feds for accounting irregularities and possible illegal stock trades by the owners/officers. I don't think turning them into the banking commission is even going to show up on their radar screen. New Century is kaput.
Steve
Corona,#3Consumer Suggestion
Thu, March 22, 2007
>>>>"You coudld always threaten to turn them into the banking commission...that is usually enough to get them moving!"<<<< You do realize that Home123/New Century is basically bankrupt and has ceased all lending operations? They are not taking any new loans, sent other loans back to brokers, stopped funding loans 3 weeks ago. Their stock was at $33.00 in October, it was de-listed last Monday and is trading somewhere around $.81 right now. Their have been served subpoenaes from the Feds for accounting irregularities and possible illegal stock trades by the owners/officers. I don't think turning them into the banking commission is even going to show up on their radar screen. New Century is kaput.
Steve
Corona,#4Consumer Suggestion
Thu, March 22, 2007
>>>>"You coudld always threaten to turn them into the banking commission...that is usually enough to get them moving!"<<<< You do realize that Home123/New Century is basically bankrupt and has ceased all lending operations? They are not taking any new loans, sent other loans back to brokers, stopped funding loans 3 weeks ago. Their stock was at $33.00 in October, it was de-listed last Monday and is trading somewhere around $.81 right now. Their have been served subpoenaes from the Feds for accounting irregularities and possible illegal stock trades by the owners/officers. I don't think turning them into the banking commission is even going to show up on their radar screen. New Century is kaput.
C Douglas
Clemmons,#5Consumer Suggestion
Thu, March 22, 2007
I am a mortgage broker in North Carolina and we always have our customers pay at the door before the appraisal is even done, that way our appraisers don't run into this situation. Not sure why you let them own you so much money. I would have thought after you didn't get paid for one or two you would have either cut them off or tell the loan officers you dealt with that the only way you would do the appraisal is if you got paid at the door before the appraisal was done. You coudld always threaten to turn them into the banking commission...that is usually enough to get them moving! Good luck!