New Century Fundings Soar
$4.2 billion May production June 7, 2004 By MortgageDaily.com staff |
Month-over-month mortgage production jumped 27% at New Century Financial Corp.
The Irvine, Calif.-based finance company reported its fundings last month totaled $4.2 billion, rising from April’s $3.3 billion. The latest volume is a whopping 121% above the total at this time last year. “We believe our pipeline for June is strong and combined with April and May’s loan production volume sets the pace for a strong second quarter,” said company CEO Robert Cole in a statement. Cole added that the company can possibly exceed its 2004 loan production goal of $36 billion, which it augmented last month from $30 billion. |
FREE CALCULATORS TO HELP YOU SUCCEED
Tools for Your Next Big Decision.
Amortization Calculator
Affordability Calculator
Mortgage Calculator
Refinance Calculator
FHA Mortgage Calculator
VA Mortgage Calculator
Real Estate Calculator
Tags
Pre-Approval Resources!
Making well educated decions in a matter of minutes and stay up to date on the latest news Mortgage Daily has to offer. Read our latest articles to stay up to date on what’s going on…
Resource Center
Since 1998, Mortgage Daily has helped millions of people such as yourself navigate the complicated hurdles of the mortgage industry. See our popular topics below, search our website. With over 300,000 articles, we are guaranteed to have something for you.
TOP SEARCHED TOPICS
Your mortgages approval starts here.
Add 1-2 sentence here. Add 1-2 sentence here. Add 1-2 sentence here. Add 1-2 sentence here. Add 1-2 sentence here.
Stay Up To Date with Today’s Latest Rates
Mortgage
Today’s rates starting at
Home Refinance
Today’s rates starting at
Home Equity
Today’s rates starting at
HELOC
Today’s rates starting at