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More states restrict New Century
AP   Monday, 19 March 2007

The office building of New Century Financial Corp., left,  is seen in Irvine, Calif., in this March 13, 2007 file photo. Federal investigators looking into New Century Financial Corp. will be examining whether admitted accounting errors by the mortgage lender specializing in high-risk loans were the result of sloppy bookkeeping or fraud, legal experts said Thursday, March 15, 2007. (AP  Photo/Damian Dovarganes, file)AP - New Century Financial Corp., the beleaguered home lender to people with weak credit, said Monday it has received cease-and-desist orders from more states, restraining the company from taking new applications for mortgage loans.


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