Posted by Batool Shamim on July 16, 2011 ·
The Newcentury Financial Corporation achieved a name in real estate financing in very short tenure, and becomes the 2nd larget in the field. However they failed to keep their success for the reasons of improper practices and unsecured loans. However there is no crimnal charges proved against the company authorities, still some illigal practices reported which caused in such a heavy loss.
Posted by Batool Shamim on July 8, 2011 ·
Obtaining loans has been the key to any investment. Different methods are employed in giving loans. With the increasing strategies involved in giving loans made it easy to obtain it. However, with the passage of time it becomes more and more difficult to keep this system straightforward and easy.