The usual suspects:
NEW, NFI, LEND
Tomorrow will be ugly for these guys.
NEW, NFI, LEND
Tomorrow will be ugly for these guys.
After-Hours Beating For Sub-Prime Lenders
- Thread starter CalScholar
- Start date
:eek:
NEW off another 27%...
NEW off another 27%...
NEW will be down BIG. Lenders have cut the company off, effectively nullifying its business.
http://www.bloomberg.com/apps/news?pid=20601087&sid=aItk2fsczSGI&refer=home
The whole sector will suffer as a result, and I just closed my short in LEND. A nice profit, but nothing like it would have been had I held overnight.
http://www.bloomberg.com/apps/news?pid=20601087&sid=aItk2fsczSGI&refer=home
The whole sector will suffer as a result, and I just closed my short in LEND. A nice profit, but nothing like it would have been had I held overnight.
What!
My application to buy a $100M shopping center for $9.95 down was just waiting for their approval.
Actually still hiring... 
http://www.ncen.com/career_opportunities/open_positions/index.html
Job Title : Accoung Executive
Requisition Number : 07-2790
Business Division : 2 - Wholesale
ExperienceLevel : At least one year
Job Category : Sales
Job Description : We are currently seeking candidates to fill Account Executive positions.
This position is responsible for generating new broker business and maintaining strong relationships with existing brokers.
Essential Functions:
⢠Generate Wholesale non-conforming loans through brokers
⢠Prospect new business and generate leads from brokers
⢠Grow existing territory through networking, cold calls and prospecting
⢠Work with brokers and New Century operations staff to insure quality of loan
⢠Achieve sales results by maintaining and developing strong relationships.
Job Requirements:
⢠Previous Sales Experience
⢠Two years of non-conforming lending experience required
⢠Excellent communication, negotiation and relationship management skills
⢠Patience, tolerance and resilience
⢠Ability to interact successfully at all levels
⢠Good listener with the ability to apply knowledge gained.
In our friendly, business casual environment, we offer highly competitive compensation with excellent benefits including a matching 401(k) and Employee Stock Purchase Plan.
Percent of Travel : None
Location : Tampa Wholesale
http://www.ncen.com/career_opportunities/open_positions/index.html
Job Title : Accoung Executive
Requisition Number : 07-2790
Business Division : 2 - Wholesale
ExperienceLevel : At least one year
Job Category : Sales
Job Description : We are currently seeking candidates to fill Account Executive positions.
This position is responsible for generating new broker business and maintaining strong relationships with existing brokers.
Essential Functions:
⢠Generate Wholesale non-conforming loans through brokers
⢠Prospect new business and generate leads from brokers
⢠Grow existing territory through networking, cold calls and prospecting
⢠Work with brokers and New Century operations staff to insure quality of loan
⢠Achieve sales results by maintaining and developing strong relationships.
Job Requirements:
⢠Previous Sales Experience
⢠Two years of non-conforming lending experience required
⢠Excellent communication, negotiation and relationship management skills
⢠Patience, tolerance and resilience
⢠Ability to interact successfully at all levels
⢠Good listener with the ability to apply knowledge gained.
In our friendly, business casual environment, we offer highly competitive compensation with excellent benefits including a matching 401(k) and Employee Stock Purchase Plan.
Percent of Travel : None
Location : Tampa Wholesale
There are criminal probes open on all of these.
The liar loans and no verification BS they've been doing for the last 5 years just caught up to the investors.
Hopefully, it will catch up to the execs and those institutions who backed these companies, too, so the shareholders don't lose everything.
The liar loans and no verification BS they've been doing for the last 5 years just caught up to the investors.
Hopefully, it will catch up to the execs and those institutions who backed these companies, too, so the shareholders don't lose everything.
Upgraded recently to "peer perform"...
http://www.marketwatch.com/tools/st...p?siteid=mktw&symb=NEW&optTimeFrame=15&type=5
http://www.marketwatch.com/tools/st...p?siteid=mktw&symb=NEW&optTimeFrame=15&type=5
Quote from a529612:
Upgraded recently to "peer perform"...
http://www.marketwatch.com/tools/st...p?siteid=mktw&symb=NEW&optTimeFrame=15&type=5
Well,
Their "peers" are pretty much in line right?
Just came across another job posting:
Wanted:
Lawyer with ties to organized crime bosses.
Essential Function:
Put us in contact with organized crime bosses.
References required.
Salary: stock options.
Wanted:
Lawyer with ties to organized crime bosses.
Essential Function:
Put us in contact with organized crime bosses.
References required.
Salary: stock options.