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> <channel><title>Comments on: New Century Mortgage Goes Bankrupt</title> <atom:link href="http://chris.pirillo.com/new-century-mortgage-goes-bankrupt/feed/" rel="self" type="application/rss+xml" /><link>http://chris.pirillo.com/new-century-mortgage-goes-bankrupt/</link> <description>News and Reviews! Geek, Internet Entrepreneur, Hardware Addict, Software Junkie, Book Author, Once TV Show Host, Technology Enthusiast, Shameless Self-Promoter, Tech Conference Coordinator, Early Adopter, Idea Evangelist, Tech Support Blogger, Bootstrapper, Media Personality, Technology Consultant, Thicker Quicker Picker Upper.</description> <lastBuildDate>Mon, 23 Nov 2009 01:37:17 -0800</lastBuildDate> <generator>http://wordpress.org/?v=2.8.5</generator> <sy:updatePeriod>hourly</sy:updatePeriod> <sy:updateFrequency>1</sy:updateFrequency> <item><title>By: Missy</title><link>http://chris.pirillo.com/new-century-mortgage-goes-bankrupt/comment-page-1/#comment-705473</link> <dc:creator>Missy</dc:creator> <pubDate>Sat, 17 Jan 2009 02:14:59 +0000</pubDate> <guid
isPermaLink="false">http://chris.pirillo.com/2007/04/04/new-century-mortgage-goes-bankrupt/#comment-705473</guid> <description>Well I worked for ncen and many of the people were honest, but there were a ton of lying slimeballs. So many of those people are out there still making loans and they are calling the borrowers &quot;greedy&quot; now because they don&#039;t want to pay exhorbitant fees.Google mortgage implode and follow the links to the discussion boards if you want an eyeful</description> <content:encoded><![CDATA[<p>Well I worked for ncen and many of the people were honest, but there were a ton of lying slimeballs. So many of those people are out there still making loans and they are calling the borrowers &#8220;greedy&#8221; now because they don&#8217;t want to pay exhorbitant fees.</p><p>Google mortgage implode and follow the links to the discussion boards if you want an eyeful</p> ]]></content:encoded> </item> <item><title>By: Ann</title><link>http://chris.pirillo.com/new-century-mortgage-goes-bankrupt/comment-page-1/#comment-689017</link> <dc:creator>Ann</dc:creator> <pubDate>Mon, 06 Oct 2008 13:43:33 +0000</pubDate> <guid
isPermaLink="false">http://chris.pirillo.com/2007/04/04/new-century-mortgage-goes-bankrupt/#comment-689017</guid> <description>Cris, Big Fan from your Days on TV. I got in to a big mess with
New Century Mortgage.  Did Ponzi ever find out if there were any
Class actions cases against them?
Thanks
Ann</description> <content:encoded><![CDATA[<p>Cris, Big Fan from your Days on TV. I got in to a big mess with<br
/> New Century Mortgage.  Did Ponzi ever find out if there were any<br
/> Class actions cases against them?<br
/> Thanks<br
/> Ann</p> ]]></content:encoded> </item> <item><title>By: Andrea</title><link>http://chris.pirillo.com/new-century-mortgage-goes-bankrupt/comment-page-1/#comment-584504</link> <dc:creator>Andrea</dc:creator> <pubDate>Wed, 30 Jan 2008 10:22:11 +0000</pubDate> <guid
isPermaLink="false">http://chris.pirillo.com/2007/04/04/new-century-mortgage-goes-bankrupt/#comment-584504</guid> <description>I live in New Zealand and my ex-American husband forged my name and borrowed $US65,000 from this company ( how this could happen I don&#039;t know but I have seen the paper work with my name and initials forged on every page, even the Notary Public from San Bernardino has witnessed my forged signature and said that I appeared before him )
I&#039;m not sure what to do from here because I don&#039;t even know who holds the loan now or even if my ex-wanker husband has been paying it</description> <content:encoded><![CDATA[<p>I live in New Zealand and my ex-American husband forged my name and borrowed $US65,000 from this company ( how this could happen I don&#8217;t know but I have seen the paper work with my name and initials forged on every page, even the Notary Public from San Bernardino has witnessed my forged signature and said that I appeared before him )<br
/> I&#8217;m not sure what to do from here because I don&#8217;t even know who holds the loan now or even if my ex-wanker husband has been paying it</p> ]]></content:encoded> </item> <item><title>By: Denice</title><link>http://chris.pirillo.com/new-century-mortgage-goes-bankrupt/comment-page-1/#comment-581820</link> <dc:creator>Denice</dc:creator> <pubDate>Thu, 24 Jan 2008 23:27:31 +0000</pubDate> <guid
isPermaLink="false">http://chris.pirillo.com/2007/04/04/new-century-mortgage-goes-bankrupt/#comment-581820</guid> <description>Also have loan with New Century, now Carrington was promised by Broker that they would refinance our Mortgage with no closing costs before our rate adjusted this year. Also several creditors were supposed to be paid off at closingand were not now we are having judgements filed for the unpaid debt. Title company no longer exists and ceo&#039;s are in jail. Meanwhile we are struggling to make our Mortgage payments and trying to find a Company to help us fix our rate before it adjusts as our once B to B- credit rating keeps falling who do you take to court when they have filed Bankruptcy and are already in jail?</description> <content:encoded><![CDATA[<p>Also have loan with New Century, now Carrington was promised by Broker that they would refinance our Mortgage with no closing costs before our rate adjusted this year. Also several creditors were supposed to be paid off at closingand were not now we are having judgements filed for the unpaid debt. Title company no longer exists and ceo&#8217;s are in jail. Meanwhile we are struggling to make our Mortgage payments and trying to find a Company to help us fix our rate before it adjusts as our once B to B- credit rating keeps falling who do you take to court when they have filed Bankruptcy and are already in jail?</p> ]]></content:encoded> </item> <item><title>By: Rebecca</title><link>http://chris.pirillo.com/new-century-mortgage-goes-bankrupt/comment-page-1/#comment-579000</link> <dc:creator>Rebecca</dc:creator> <pubDate>Wed, 16 Jan 2008 00:33:57 +0000</pubDate> <guid
isPermaLink="false">http://chris.pirillo.com/2007/04/04/new-century-mortgage-goes-bankrupt/#comment-579000</guid> <description>Well, January of 2007 I closed with New Century. They sold my loan in April. Now I am preparing for my taxes, just wondering if I&#039;m going to get a 1098 from New Century so I can claim my interest on my taxes? I&#039;m so fed up with all this!</description> <content:encoded><![CDATA[<p>Well, January of 2007 I closed with New Century. They sold my loan in April. Now I am preparing for my taxes, just wondering if I&#8217;m going to get a 1098 from New Century so I can claim my interest on my taxes? I&#8217;m so fed up with all this!</p> ]]></content:encoded> </item> <item><title>By: roger duval</title><link>http://chris.pirillo.com/new-century-mortgage-goes-bankrupt/comment-page-1/#comment-577531</link> <dc:creator>roger duval</dc:creator> <pubDate>Sat, 12 Jan 2008 02:08:34 +0000</pubDate> <guid
isPermaLink="false">http://chris.pirillo.com/2007/04/04/new-century-mortgage-goes-bankrupt/#comment-577531</guid> <description>new century mortgage did a mortgage for my son and daughter
in law in pueblo colo. They never should have made the loan in
the first place.
They intentionally lied about the daughter in laws employment, said
she had worked in colo. for three years, when in fact she had only
just arrived there.
when they didnt make the first payment, and a year later was still
trying to do a short sale, the broker went out of business, and before
the new buyeer closed, they did something about the loans, there
were two, and the holder of the lesser 30 year loan was somehow
cheated out of any money from the sale, which was for an amount
almost equal to the two loans, but some how the smaller 20000 dollar
loan holder got nothing, as they reported to the irs. now the irs
wants the tax on that 20000 as it is income according to the irs.
trouble there was no 20000 short on the loan?????
now new century has filed bankruptcy,
I think there should be a class action lawsuit against new century
and check who owns the company, that bought their loans,
carington mortgage, is there a relationship between the two?roger</description> <content:encoded><![CDATA[<p>new century mortgage did a mortgage for my son and daughter<br
/> in law in pueblo colo. They never should have made the loan in<br
/> the first place.<br
/> They intentionally lied about the daughter in laws employment, said<br
/> she had worked in colo. for three years, when in fact she had only<br
/> just arrived there.<br
/> when they didnt make the first payment, and a year later was still<br
/> trying to do a short sale, the broker went out of business, and before<br
/> the new buyeer closed, they did something about the loans, there<br
/> were two, and the holder of the lesser 30 year loan was somehow<br
/> cheated out of any money from the sale, which was for an amount<br
/> almost equal to the two loans, but some how the smaller 20000 dollar<br
/> loan holder got nothing, as they reported to the irs. now the irs<br
/> wants the tax on that 20000 as it is income according to the irs.<br
/> trouble there was no 20000 short on the loan?????<br
/> now new century has filed bankruptcy,<br
/> I think there should be a class action lawsuit against new century<br
/> and check who owns the company, that bought their loans,<br
/> carington mortgage, is there a relationship between the two?</p><p>roger</p> ]]></content:encoded> </item> <item><title>By: Hillary</title><link>http://chris.pirillo.com/new-century-mortgage-goes-bankrupt/comment-page-1/#comment-563415</link> <dc:creator>Hillary</dc:creator> <pubDate>Sun, 02 Dec 2007 15:10:01 +0000</pubDate> <guid
isPermaLink="false">http://chris.pirillo.com/2007/04/04/new-century-mortgage-goes-bankrupt/#comment-563415</guid> <description>Thank you for your site. I have found here much useful information...l</description> <content:encoded><![CDATA[<p>Thank you for your site. I have found here much useful information&#8230;l</p> ]]></content:encoded> </item> <item><title>By: Susan Wood</title><link>http://chris.pirillo.com/new-century-mortgage-goes-bankrupt/comment-page-1/#comment-547909</link> <dc:creator>Susan Wood</dc:creator> <pubDate>Tue, 16 Oct 2007 14:31:23 +0000</pubDate> <guid
isPermaLink="false">http://chris.pirillo.com/2007/04/04/new-century-mortgage-goes-bankrupt/#comment-547909</guid> <description>Does anyone know who bought New Century</description> <content:encoded><![CDATA[<p>Does anyone know who bought New Century</p> ]]></content:encoded> </item> <item><title>By: Dave Brown</title><link>http://chris.pirillo.com/new-century-mortgage-goes-bankrupt/comment-page-1/#comment-478812</link> <dc:creator>Dave Brown</dc:creator> <pubDate>Thu, 19 Jul 2007 18:54:56 +0000</pubDate> <guid
isPermaLink="false">http://chris.pirillo.com/2007/04/04/new-century-mortgage-goes-bankrupt/#comment-478812</guid> <description>I need to find the trustee fot new Mortgage to sign off of an Insurance check after a large hail loss. How do I find this person?</description> <content:encoded><![CDATA[<p>I need to find the trustee fot new Mortgage to sign off of an Insurance check after a large hail loss. How do I find this person?</p> ]]></content:encoded> </item> <item><title>By: johnny</title><link>http://chris.pirillo.com/new-century-mortgage-goes-bankrupt/comment-page-1/#comment-337500</link> <dc:creator>johnny</dc:creator> <pubDate>Wed, 02 May 2007 09:36:27 +0000</pubDate> <guid
isPermaLink="false">http://chris.pirillo.com/2007/04/04/new-century-mortgage-goes-bankrupt/#comment-337500</guid> <description>I obtained a NEW CENTURY mortgage after filling out application in reston,VA office- it was then processed for final signing in a private home, frederick,md, The whole scam involved waiting and waiting while the paperwork &quot;churned&quot; out a sheet at a time ( in random order) because of (as it was explained) a &quot;new person&quot; at the other end_ So we ended up signing page 12, wait 5 minutes then sign page 8, wait ten minutes , sign page 6, etc- THE FINAL PAGE for signing was the page with
interest rate and payment and after belatedly signing was shocked to see we had signed for a interest rate about 35% more than originally bargained for- I&#039;m sure these people are all back in INDIA now or maybe own 7-11s in the area
JF</description> <content:encoded><![CDATA[<p>I obtained a NEW CENTURY mortgage after filling out application in reston,VA office- it was then processed for final signing in a private home, frederick,md, The whole scam involved waiting and waiting while the paperwork &#8220;churned&#8221; out a sheet at a time ( in random order) because of (as it was explained) a &#8220;new person&#8221; at the other end_ So we ended up signing page 12, wait 5 minutes then sign page 8, wait ten minutes , sign page 6, etc- THE FINAL PAGE for signing was the page with<br
/> interest rate and payment and after belatedly signing was shocked to see we had signed for a interest rate about 35% more than originally bargained for- I&#8217;m sure these people are all back in INDIA now or maybe own 7-11s in the area<br
/> JF</p> ]]></content:encoded> </item> <item><title>By: Elisabeth Jones</title><link>http://chris.pirillo.com/new-century-mortgage-goes-bankrupt/comment-page-1/#comment-294496</link> <dc:creator>Elisabeth Jones</dc:creator> <pubDate>Sun, 08 Apr 2007 20:22:07 +0000</pubDate> <guid
isPermaLink="false">http://chris.pirillo.com/2007/04/04/new-century-mortgage-goes-bankrupt/#comment-294496</guid> <description>Hi, I just happened to stumble upon this site while I was looking for some info about New Century Mortgage. My Dad told me the news today. I happen to have a house with them, which happens to be in foreclosure with an auction date of 24 April. I was wondering if anyone might know: Since they are filing bankruptcy now, will they be coming after me for the difference of the balance of the loan and what they net at the auction, or will that be written off?
Thanks</description> <content:encoded><![CDATA[<p>Hi, I just happened to stumble upon this site while I was looking for some info about New Century Mortgage. My Dad told me the news today. I happen to have a house with them, which happens to be in foreclosure with an auction date of 24 April. I was wondering if anyone might know: Since they are filing bankruptcy now, will they be coming after me for the difference of the balance of the loan and what they net at the auction, or will that be written off?<br
/> Thanks</p> ]]></content:encoded> </item> <item><title>By: Deane</title><link>http://chris.pirillo.com/new-century-mortgage-goes-bankrupt/comment-page-1/#comment-288398</link> <dc:creator>Deane</dc:creator> <pubDate>Thu, 05 Apr 2007 16:22:21 +0000</pubDate> <guid
isPermaLink="false">http://chris.pirillo.com/2007/04/04/new-century-mortgage-goes-bankrupt/#comment-288398</guid> <description>Ponzi - I would be interested in your comments.  My good friends are in the business and echo your sentiments that it is filled with some pretty borderline folks.  They, like antoher person here noted, are making a concerted effort to conduct their business as above-board as possible... but even with two of them working together, they tell me it is a difficult task.  There is much competition and back stabbing in a business where networking is an essential element to success.</description> <content:encoded><![CDATA[<p>Ponzi &#8211; I would be interested in your comments.  My good friends are in the business and echo your sentiments that it is filled with some pretty borderline folks.  They, like antoher person here noted, are making a concerted effort to conduct their business as above-board as possible&#8230; but even with two of them working together, they tell me it is a difficult task.  There is much competition and back stabbing in a business where networking is an essential element to success.</p> ]]></content:encoded> </item> <item><title>By: Ricobird</title><link>http://chris.pirillo.com/new-century-mortgage-goes-bankrupt/comment-page-1/#comment-287318</link> <dc:creator>Ricobird</dc:creator> <pubDate>Thu, 05 Apr 2007 03:34:30 +0000</pubDate> <guid
isPermaLink="false">http://chris.pirillo.com/2007/04/04/new-century-mortgage-goes-bankrupt/#comment-287318</guid> <description>Ponzi, do it girl. The world needs your insight and expirence in the mortgage business. Do you realize, how many &quot;little&quot; people you would help? No Ponzi, I&#039;m not referring to nanuses.</description> <content:encoded><![CDATA[<p>Ponzi, do it girl. The world needs your insight and expirence in the mortgage business. Do you realize, how many &#8220;little&#8221; people you would help? No Ponzi, I&#8217;m not referring to nanuses.</p> ]]></content:encoded> </item> <item><title>By: Sara</title><link>http://chris.pirillo.com/new-century-mortgage-goes-bankrupt/comment-page-1/#comment-286926</link> <dc:creator>Sara</dc:creator> <pubDate>Wed, 04 Apr 2007 23:54:06 +0000</pubDate> <guid
isPermaLink="false">http://chris.pirillo.com/2007/04/04/new-century-mortgage-goes-bankrupt/#comment-286926</guid> <description>I worked as a mortgage processor for several months in 1986.  the employer was one of the largest ibanks n the area; they worked their employees very hard, paid them very little, and made lots of money for their stockholders.  I agree with the others that Ponzi should do on-line videos; I&#039;m sure she&#039;d get a lot of hits, or maybe your entrepreneurial spirit could find some way to make money out of this, if Ponzi didn&#039;t want to do it as a public service.</description> <content:encoded><![CDATA[<p>I worked as a mortgage processor for several months in 1986.  the employer was one of the largest ibanks n the area; they worked their employees very hard, paid them very little, and made lots of money for their stockholders.  I agree with the others that Ponzi should do on-line videos; I&#8217;m sure she&#8217;d get a lot of hits, or maybe your entrepreneurial spirit could find some way to make money out of this, if Ponzi didn&#8217;t want to do it as a public service.</p> ]]></content:encoded> </item> <item><title>By: George Goodyear</title><link>http://chris.pirillo.com/new-century-mortgage-goes-bankrupt/comment-page-1/#comment-286892</link> <dc:creator>George Goodyear</dc:creator> <pubDate>Wed, 04 Apr 2007 22:37:11 +0000</pubDate> <guid
isPermaLink="false">http://chris.pirillo.com/2007/04/04/new-century-mortgage-goes-bankrupt/#comment-286892</guid> <description>Ponzi! What are you waiting for????? This could be your next career move. I see this as an opportunity to bigger and better job offerings. You are already known in geekdom (I don&#039;t know if this is a real word or not but you get the idea:). I mean if you got inside info, share.G.</description> <content:encoded><![CDATA[<p>Ponzi! What are you waiting for????? This could be your next career move. I see this as an opportunity to bigger and better job offerings. You are already known in geekdom (I don&#8217;t know if this is a real word or not but you get the idea:). I mean if you got inside info, share.</p><p>G.</p> ]]></content:encoded> </item> </channel> </rss><!--
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