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Home » Store » Taxable » Growth Has Raised Risks at New Century, Moody’s Says

Growth Has Raised Risks at New Century, Moody’s Says

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Despite its rapid growth, New Century Financial has been able to hold the line on loan performance, thanks in large part to changes it has made in key areas of its business. But a new report from Moody’s Investors Service warns that a growing number of risky loans on the company’s books could pose problems down the road. …
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