NEW CENTURY MORTGAGE LISTS ALL THE LAWSUITS BY HOMEOWNERS AT TIME WHEN NCM DELCLARED BANKRUTPCY IN...

8/2/2019 NEW CENTURY MORTGAGE LISTS ALL THE LAWSUITS BY HOMEOWNERS AT TIME WHEN NCM DELCLARED BANKRUTP

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New Century Mortgage Corporation 07-10419

NOTES TO SCHEDULES OF ASSETS AND LIABILITIES

Debtor

In re: Case No.

AND STATEMENT OF FINANCIAL AFFAIRS

United States Bankruptcy Court

For the District of Delaware

New Century Mortgage Corporation (the Debtor) submits its Schedules of Assets and Liabilities (the Schedules) and Statement of Financial Affairs

(the Statements) pursuant to 11 U.S.C. 521 and Federal Rule of Bankruptcy Procedure 1007.

The Schedules and Statements have been prepared by the Debtors management and are unaudited. While management of the Debtor has made every

effort to ensure that the Schedules and Statements are accurate and complete based on information that was available at the time of preparation, the

subsequent receipt of information may result in material changes in data contained in the Schedules and Statements which would warrant amendment of

same. Except as noted, the assets and liability data contained in the Schedules and Statements are reflected at net book value as of April 2, 2007, the date

the Debtor commenced its Chapter 11 case (the Commencement Date).

The Debtor reserves the right to dispute, or to assert offsets or defenses to, any claim reflected on the Schedules and/or Statements as to amount, liability

classification.

While every effort has been made to file complete and accurate Schedules and Statements, inadvertent errors or omissions may exist. Accordingly, the

Debtor reserves the right to amend its Schedules and Statements as necessary or appropriate and expects it will do so as information becomes available.

The Debtor utilizes a consolidated cash management system. The Schedules may not reflect payments by an affiliated debtor on behalf of this Debtor, as

well as payments between debtor and non-debtor affiliates.

Any failure to designate a claim listed on the Debtors Schedules as disputed, contingent or unliquidated does not constitute an admission by the

Debtor that such amount is not disputed, contingent or unliquidated. The Debtor reserves the right to dispute, or to assert setoff rights,

counterclaims or defenses to, any claim reflected on its Schedules as to amount, liability or classification, or to otherwise subsequently designate any claim

as disputed, contingent or unliquidated".

The dollar amounts of claims listed may be exclusive of contingent and unliquidated amounts.

The claims of individual creditors for, among other things, merchandise, goods, services, or taxes are listed as either the lower of the amounts invoiced bysuch creditor or the amounts entered on the Debtors books and records and may not reflect credits or allowances due from such creditors to the Debtor.

The Debtor reserves all of its rights with respect to any such credits and allowances.

The Bankruptcy Court has approved the payment of certain unsecured priority and non-priority claims against the Debtor including, without limitation,

certain claims of employees for wages, salaries, reimbursement of business expenses and other claims, as well as certain claims of the Debtors vendors,

and service providers. Such payments, to the extent made as of the date the Schedules were prepared, have been reflected in Schedule E or Schedule F,

respectively.

It would be prohibitively expensive and unduly burdensome to obtain current market valuations of the Debtors property interests. Accordingly, unless

otherwise noted, the carrying value on the Debtors books, rather than the current market values, of the Debtors interest in property is reflected on the

Debtors Schedules and Statements.


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This statement is to be completed by every debtor. Spouses filing a joint petition may file a single statement on which the information for bothspouses is combined. If the case is filed under chapter 12 or chapter 13, a married debtor must furnish information for both spouses whether or not a jointpetition is filed, unless the spouses are separated and a joint petition is not filed. An individual debtor engaged in business as a sole proprietor, partner,family farmer, or self-employed professional, should provide the information requested on this statement concerning all such activities as well as theindividual's personal affairs. Do not include the name or address of a minor child in this statement. Indicate payments, transfers and the like to minorchildren by stating a minor child. See 11 U.S.C. 112; Fed. R. Bankr. P. 1007(m).

The term "insider" includes but is not limited to: relatives of the debtor; general partners of the debtor and their relatives; corporations o

which the debtor is an officer, director, or person in control; officers, directors, and any owner of 5 percent or more of the voting or equity securities of acorporate debtor and their relatives; affiliates of the debtor and insiders of such affiliates; any managing agent of the debtor. 11 U.S.C. 101.

A debtor is "in business" for the purpose of this form if the debtor is a corporation or partnership. An individual debtor is "inbusiness" for the purpose of this form if the debtor is or has been, within six years immediately preceding the filing of this bankruptcy case, any of thefollowing: an officer, director, managing executive, or owner of 5 percent or more of the voting or equity securities of a corporation; a partner, other thanlimited partner, of a partnership; a sole proprietor or self-employed full-time or part-time. An individual debtor also may be in business for the purposeof this form if the debtor engages in a trade, business, or other activity, other than as an employee, to supplement income from the debtors primaryemployment.

Official Form 7

(04/07)

Questions 1 - 18 are to be completed by all debtors. Debtors that are or have been in business, as defined below, also must complete Questions 19 25. If the answer to an applicable question is "None," mark the box labeled "None." If additional space is needed for the answer to any question, use andattach a separate sheet properly identified with the case name, case number (if known), and the number of the question.

Debtor

In re: Case No.

United States Bankruptcy Court

STATEMENT OF FINANCIAL AFFAIRS

In business.

Insider.

Definitions

District of Delaware

Page 1 of 43


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Debtor

n re: Case No.

State the gross amount of income the debtor has received from employment, trade, or profession, or from operation of the debtor's business,including part-time activities either as an employee or in independent trade or business, from the beginning of this calendar year to the date thcase was commenced. State also the gross amounts received during the two years immediately preceding this calendar year. (A debtor thatmaintains, or has maintained, financial records on the basis of a fiscal rather than a calendar year may report fiscal year income. Identify thebeginning and ending dates of the debtor's fiscal year.) If a joint petition is filed, state income for each spouse separately. (Married debtorsfiling under chapter 12 or chapter 13 must state income of both spouses whether or not a joint petition is filed, unless the spouses are separatedand a joint petition is not filed.)

1. Income from employment or operation of businessNone

AMOUNT( 000s)

SOURCE

$ (69,278) 1/1/2007 - 3/31/2007 Business Operations (loan origination fees, other fees, other loan costs, interest on loans, interest expens

intercompany interest, interest on investments, other income, interest expense on LHFI, servicing revenue, gain on loans fromsale)

$ 701,762 1/1/2006 - 12/31/2006 Business Operations (loan origination fees, other fees, other loan costs, interest on loans, interestexpense, intercompany interest, interest on investments, other income, interest expense on LHFI, servicing revenue, gain onloans from sale)

$ 1,690,193 1/1/2005 - 12/31/2005 Business Operations (loan origination fees, other fees, other loan costs, interest on loans, interest

expense, intercompany interest, interest on investments, other income, interest expense on LHFI, servicing revenue, gain onloans from sale)

In connection with the restatement of its previously filed interim financial statements for the quarters ended March 31, 2006, June 30, 2006 and Septemb

30, 2006 (the "Interim Financial Statements"), the Audit Committee of the Board of Directors of New Century Financial Corporation (the "Company"), othe advice of its independent counsel, initiated an independent investigation into the issues giving rise to the Companys need to restate the InterimFinancial Statements, and as previously reported to the Securities and Exchange Commission, subsequently expanded the investigation to include issuespertaining to the Companys valuation of certain residual interests in securitizations in 2006 and prior periods (the "Internal Investigation"). In addition tits independent counsel, the Audit Committee also retained forensic accountants and other professionals (collectively, the "Investigative Team") to assistin connection with the Internal Investigation.

Based on recent communications with members of the Investigative Team, the Audit Committee determined that there were errors in the Companyspreviously filed annual financial statements for its fiscal year ended December 31, 2005 (the "2005 Financial Statements") with respect to both theaccounting and reporting of loan repurchase losses and the Companys valuation of certain residual interests in securitizations. The Companys ability tofurther investigate these matters is constrained as the Company is currently in liquidation proceedings under chapter 11 of the Bankruptcy Code. Howevebased upon the work performed by the Investigative Team, the Audit Committee and management believe that it is more likely than not that these errors the aggregate resulted in a material overstatement of pretax earnings in the 2005 Financial Statements. Accordingly, on May 23, 2007, the CompanysBoard of Directors concluded, based upon the recommendation of the Audit Committee, that the 2005 Financial Statements should no longer be reliedupon.

The 2005 gross income numbers listed above are as previously reported. The 2006 gross income reflects preliminary adjustments associated with therestatement process.

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Debtor

n re: Case No.

State the amount of income received by the debtor other than from employment, trade, profession, operation of the debtor's business during thtwo years immediately preceding the commencement of this case. Give particulars. If a joint petition is filed, state income for each spouseseparately. (Married debtors filing under chapter 12 or chapter 13 must state income for each spouse whether or not a joint petition is filed,unless the spouses are separated and a joint petition is not filed.)

X

2. Income other than from employment or operation of businessNone

AMOUNT SOURCE

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Debtor

n re: Case No.

a. Individual or joint debtor(s) with primarily consumer debts: List all payments on loans, installment purchases of goods or services, and othdebts to any creditor made within 90 days immediately preceding the commencement of this case if the aggregate value of all property thatconstitutes or is affected by such transfer is not less than $600. Indicate with an asterisk (*) any payments that were made to a creditor onaccount of a domestic support obligation or as part of an alternative repayment schedule under a plan by an approved nonprofit budgeting andcreditor counseling agency. (Married debtors filing under chapter 12 or chapter 13 must include payments by either or both spouses whether not a joint petition is filed, unless the spouses are separated and a joint petition is not filed.)

X

3. Payments to creditorsNone

NAMES AND ADDRESSES OF CREDITORSDATES OF

PAYMENTS

AMOUNT

PAID

AMOUNT

STILL OWING

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Debtor

n re: Case No.

b. Debtor whose debts are not primarily consumer debts: List each payment or other transfer to any creditor made within 90 days immediatelpreceding the commencement of the case if the aggregate value of all property that constitutes or is affected by such transfer is not less than$5,475. (Married debtors filing under chapter 12 or chapter 13 must include payments and other transfers by either or both spouses whether onot a joint petition is filed, unless the spouses are separated and a joint petition is not filed.)

3. Payments to creditors (continued)None

NAMES AND ADDRESSES OF CREDITORS

DATES OFPAYMENTS/TRANSFERS

AMOUNTPAID OR VALUEOF TRANSFERS

AMOUNTSTILL OWING

See attached Exhibit 3b.

The obligations of New Century Financial Corporation and its affiliated debtors are paid by and through Home123 Corporation (07-10421) and/or NewCentury Mortgage Corporation (07-10419), notwithstanding the fact that certain obligations may, technically, be obligations of one or more of theaffiliated debtors. Accordingly, certain of the payments set forth on the attached Exhibit 3b may have been made to creditors of affiliated debtors.

Disbursements made from the various custodial and escrow accounts have not been listed. Funds deposited into these accounts were disbursed in theordinary course of the Debtors loan origination or servicing business. Disbursements made from these accounts were not payments or transfers made by

the Debtor to creditors.

This exhibit excludes payments to employees for payroll.

Refer to Schedule F for the addresses of the creditors listed in the attached exhibit.

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Debtor

n re: Case No.

c. All debtors: List all payments made within one year immediately preceding the commencement of this case to or for the benefit of creditorwho are or were insiders. (Married debtors filing under chapter 12 or chapter 13 must include payments by either or both spouses whether ornot a joint petition is filed, unless the spouses are separated and a joint petition is not filed.)

3. Payments to creditors (continued)None

NAMES AND ADDRESSES OF CREDITORS

AND RELATIONSHIP TO DEBTOR

DATES OF

PAYMENTS AMOUNT PAIDAMOUNT

STILL OWING

See attached Exhibit 3c.

The obligations of New Century Financial Corporation and its affiliated debtors are paid by and through New Century Financial Corporation (07-10417)Home123 Corporation (07-10421), New Century Credit Corporation (07-10422), and/or New Century Mortgage Corporation (07-10419). Payments, ifany, to any such insiders of this Debtor would be included among the payments listed in response to Item 3c of the Statement of Financial Affairs for NeCentury Financial Corporation, Home123 Corporation, New Century Credit Corporation, and/or New Century Mortgage Corporation.

Schedule 3c of each Debtor includes payments to insiders in the form of checks, wire transfers and other similar disbursements made from bank accountshistorically used for payroll and other employee-related disbursements. This schedule does not include payments made directly to credit card issuers foremployee business expenses incurred by insiders.

Such schedule also includes disbursements to Debtors and non-debtor affiliates from accounts that historically were used to effect intercompany transferof cash, however such schedule is largely incomplete at this time. This schedule does not include intercompany transactions effected via accountingjournal entries. The debtors are in the process of continuing to gather and analyze information concerning the intercompany transfers among the Debtorsand non-debtor affiliates.

For purposes of the Statement of Financial Affairs the Debtor is including all Executive Vice Presidents and above, Treasurers, and Secretaries. TheDebtor does not assert that all individuals are officers or directors of the corporation and reserves all of the rights with respect to such a determination.

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Debtor

n re: Case No.

a. List all suits and administrative proceedings to which the debtor is or was a party within one year immediately preceding the filing of thisbankruptcy case. (Married debtors filing under chapter 12 or chapter 13 must include information concerning either or both spouses whether onot a joint petition is filed, unless the spouses are separated and a joint petition is not filed.)

4. Suits and administrative proceedings, executions, garnishments and attachmentsNone

CAPTION OF SUIT

AND CASE NUMBER NATURE OF PROCEEDINGCOURT OR AGENCY

AND LOCATION

STATUS OR

DISPOSITION

See Exhibit 4a.

In addition, the debtor is engaged in the business of originating, selling, and servicing residential real estate mortgage loans on behalf of the debtor andother third party entities. In the ordinary course of business and at any time, a number of the mortgage loans the debtor is servicing are delinquent and indefault. As part of the servicing function the debtor is required to commence foreclosure proceedings against certain borrowers and, if a foreclosure is nootherwise resolved, to complete the foreclosure sale of the mortgaged property. These foreclosure actions are not listed here because it is an integral part the ordinary course of the debtors servicing functions.

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Debtor

n re: Case No.

b. Describe all property that has been attached, garnished or seized under any legal or equitable process within one year immediately precedinthe commencement of this case. (Married debtors filing under chapter 12 or chapter 13 must include information concerning property of eitheor both spouses whether or not a joint petition is filed, unless the spouses are separated and a joint petition is not filed.)

4. Suits and administrative proceedings, executions, garnishments and attachments (continued)None

NAME AND ADDRESS OF PERSON FOR

WHOSE BENEFIT PROPERTY WAS SEIZED

DATE OF

SEIZURE

DESCRIPTION AND

VALUE OF PROPERTY

The State of TexasHarris County District Attorney's Office120 Franklin Street, Suite 600Houston, TX 77002-1923

04/28/2006 Real Estate Property situated at 3614 CountryClub BlvdMontgomery, TX 77356Value: $290,000

United States of AmericaAttn: James E. KellerAssistant United States Attorney450 Golden Gate Ave., 11th Fl.San Francisco, CA 94102

07/14/2006 Real estate property situated at7007 Mira Blossom LaneHumble, TX 77346Value: $135,000

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Debtor

n re: Case No.

List all property that has been repossessed by a creditor, sold at a foreclosure sale, transferred through a deed in lieu of foreclosure or returnedto the seller, within one year immediately preceding the commencement of this case. (Married debtors filing under chapter 12 or chapter 13must include information concerning property of either or both spouses whether or not a joint petition is filed, unless the spouses are separatedand a joint petition is not filed.)

5. Repossessions, foreclosures and returnsNone

NAME AND ADDRESSOF CREDITOR OR SELLER

DATE OF REPOSSESSION,FORECLOSURE SALE,TRANSFER, OR RETURN DESCRIPTION AND VALUE OF PROPERTY

Bank of America901 Main Street, 66th Floor,TX1-492-66-01Dallas, TX 75202-3714

March 8, 2007 Warehouse Credit LineUnliquidated amount

Barclays Bank PLC200 Park AvenueNew York, NY 10166


Citigroup Global Markets Realty Corp.390 Greenwich Street, 6th FloorNew York, NY 10013


Credit Suisse First Boston Mortgage Capital,LLC302 Carneige Center, 2nd Floor

Princeton, NJ 08540


DB Structured Products, Inc.

Aspen Funding Corp.Newport Funding Corp.

Tuscon Funding LLCGemini Securitization Corp.

March 14, 2007 Warehouse Credit Line

Unliquidated amount

IXIS Real Estate Capital, Inc.9 West 57th Street, 36th Floor

New York, NY 10019


UBS Real Estate Securities, Inc.1251 Avenue of the AmericasNew York, NY 10020


Morgan Stanley Mortgage Capital, Inc.1221 Avenue of the Americas

27th FloorNew York, New York 10020


The Debtors financed the purchase and origination of mortgage loans largely through a series of agreements typically styled as master repurchaseagreements ( "Warehouse Loan Agreements"). Under these agreements, a counterparty (a "Warehouse Lender") purported to purchase mortgage loans

from one or more of the Debtors, subject to a right of and an obligation by the Debtors to repurchase these mortgage loans upon the occurrence of certaindates and events. The Warehouse Loan Agreements vary as to the rights and remedies that a Warehouse Lender could exercise upon an event of default

including (i) accelerating and demanding that the Debtors repurchase all the mortgage loans and pay the full amount of all repurchase obligations, (ii)terminating the Debtors' rights to repurchase the loans and either selling the loans to a third party or the Warehouse Lender retaining the mortgage loansand crediting the value of these loans against the Debtors' repurchase obligations or (iii) exercising the rights of a secured creditor under the Uniform

Commercial Code. The date set forth above for seizure of the mortgage loans is the first date that a Warehouse Lenders gave the Debtors notice that itwas exercising remedies under a Warehouse Loan Agreement. The debtors reserve all of their rights with respect to whether any rights and remedies of

the warehouse lenders are being properly exercised.

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Debtor

n re: Case No.

a. Describe any assignment of property for the benefit of creditors made within 120 days immediately preceding the commencement of thiscase. (Married debtors filing under chapter 12 or chapter 13 must include any assignment by either or both spouses whether or not a jointpetition is filed, unless the spouses are separated and a joint petition is not filed.)

X

6. Assignments and receivershipsNone

NAME AND ADDRESS

OF ASSIGNEE

DATE OF

ASSIGNMENT

TERMS OF ASSIGNMENT

OR SETTLEMENT

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Debtor

n re: Case No.

b. List all property which has been in the hands of a custodian, receiver, or court-appointed official within one year immediately preceding thcommencement of this case. (Married debtors filing under chapter 12 or chapter 13 must include information concerning property of either orboth spouses whether or not a joint petition is filed, unless the spouses are separated and a joint petition is not filed.)

X

6. Assignments and receiverships (continued)None

NAME AND ADDRESS

OF CUSTODIAN

NAME AND LOCATION OF COURT

CASE TITLE & NUMBER

DATE

OF ORDER

DESCRIPTION AND

VALUE OF PROPERTY

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Debtor

n re: Case No.

List all gifts or charitable contributions made within one year immediately preceding the commencement of this case except ordinary and usuagifts to family members aggregating less than $200 in value per individual family member and charitable contributions aggregating less than$100 per recipient. (Married debtors filing under chapter 12 or chapter 13 must include gifts or contributions by either or both spouses whethor not a joint petition is filed, unless the spouses are separated and a joint petition is not filed.)

7. GiftsNone

NAME AND ADDRESSOF PERSONOR ORGANIZATION

RELATIONSHIPTO DEBTOR, IF ANY

DATEOF GIFT

DESCRIPTION AND VALUEOF GIFT

See attached Exhibit 7

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Debtor

n re: Case No.

List all losses from fire, theft, other casualty or gambling within one year immediately preceding the commencement of this case or since thecommencement of this case. (Married debtors filing under chapter 12 or chapter 13 must include losses by either or both spouses whether ornot a joint petition is filed, unless the spouses are separated and a joint petition is not filed.)

X

8. LossesNone

DESCRIPTION

AND VALUE OFPROPERTY

DESCRIPTION OF CIRCUMSTANCES AND, IF

LOSS WAS COVERED IN WHOLE OR IN PARTBY INSURANCE, GIVE PARTICULARS

DATEOF LOSS

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Debtor

n re: Case No.

List all payments made or property transferred by or on behalf of the debtor to any persons, including attorneys, for consultation concerningdebt consolidation, relief under the bankruptcy law or preparation of a petition in bankruptcy within one year immediately preceding thecommencement of this case.

9. Payments related to debt counseling or bankruptcyNone

NAME AND ADDRESSOF PAYEE

DATE OF PAYMENT

NAME OF PAYER IFOTHER THAN DEBTOR

AMOUNT OF MONEY OR

DESCRIPTION AND VALUEOF PROPERTY

AlixPartners, LLP9 West 57th Street

Suite 3420New York, New York 10019

3/27/2007 $ 500,000.00

AlixPartners, LLP9 West 57th StreetSuite 3420New York, New York 10019

3/30/2007 $ 500,000.00

Lazard Freres & Co LLC30 Rockafellar PlazaNew York, NY, 10020

3/15/2007 $ 1,000,000.00

O'Melveny & Myers, LLPEmbarcadero Center West275 Battery Street

San Francisco, CA 94111-3305

3/9/2007 $ 1,685,000.00

O'Melveny & Myers, LLP

Embarcadero Center West275 Battery Street


3/20/2007 $ 1,000,000.00

O'Melveny & Myers, LLPEmbarcadero Center West275 Battery Street


3/27/2007 $ 2,500,000.00

Richards, Layton & Finger, P.A.One Rodney Square920 North King Street, Wilmington,Delaware 19801

3/13/2007 $ 275,000.00

Xroads Solutions Group 1821East Dyer Rd., Suite 225Santa Ana, CA 92705

3/13/2007 $ 100,000.00

Xroads Solutions Group 1821East Dyer Rd., Suite 225

Santa Ana, CA 92705

3/19/2007 $ 50,000.00

The obligations of New Century Financial Corporation and its affiliated debtors are paid by and through Home123 Corporation (07-10421) and/or NewCentury Mortgage Corporation (07-10419), notwithstanding the fact that certain obligations may, technically, be obligations of one or more of theaffiliated debtors. Accordingly, certain of the payments set forth above may have been related to debt counseling or bankruptcy for affiliated debtors. Tpayments to O'Melveny & Myers, LLP included payments for corporate and securities government investigation as well as bankruptcy preparation andfiling.

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Debtor

n re: Case No.

a. List all other property, other than property transferred in the ordinary course of the business or financial affairs of the debtor, transferredeither absolutely or as security within two years immediately preceding the commencement of this case. (Married debtors filing under chapte12 or chapter 13 must include transfers by either or both spouses whether or not a joint petition is filed, unless the spouses are separated and a

joint petition is not filed.)

10. Other transfersNone

NAME AND ADDRESS OF TRANSFERREE,RELATIONSHIP TO DEBTOR DATE

DESCRIBE PROPERTYTRANSFERRED ANDVALUE RECEIVED

On March 8, 2007, New Century Mortgage Corporation, New Century Financial Corporations (the "Company") indirect wholly owned subsidiary("NCMC"), NC Capital Corporation, a direct wholly owned subsidiary of NCMC ("NC Capital"), NC Asset Holding, L.P. (successor by conversion to NResidual II Corporation), an indirect wholly owned subsidiary of the Company ("NCAH"), Home123 Corporation, an indirect wholly owned subsidiary othe Company ("Home123") and New Century Credit Corporation, a direct wholly owned subsidiary of the Company ("NCCC" and, together with NCMCNC Capital, NCAH and Home123, the "Existing Borrowers"), and NC Residual IV Corporation, a direct wholly owned subsidiary of the Company (the"New Borrowers" and together with the Existing Borrowers, collectively, the "Borrowers"), and Morgan Stanley Mortgage Capital Inc. ("MorganStanley") entered into Amendment No. 8 (the "Morgan Stanley Amendment") to that certain Master Repurchase Agreement dated December 12, 2005 (aamended to date, including by the Morgan Stanley Amendment, the "Morgan Stanley Agreement") by and among the Existing Borrowers and Morgan

Stanley. The Morgan Stanley Amendment had the effect of adding the New Borrowers to the Morgan Stanley Agreement and allowing the Borrowers topledge additional assets for $265 million in new financing. The Morgan Stanley Amendment also provides that Morgan Stanley may, in its discretion,elect to discontinue extending financing to the Borrowers under the Morgan Stanley Agreement.

On January 31, 2007, New Century Mortgage Corporation ("NCMC"), an indirect wholly owned subsidiary of New Century Financial Corporation (the"Company"), Home123 Corporation, an indirect wholly owned subsidiary of the Company ("Home123"), NC Capital Corporation, a direct wholly ownedsubsidiary of NCMC ("NC Capital"), New Century Credit Corporation, a direct wholly owned subsidiary of the Company ("NCCC" and, together withNCMC, Home123 and NC Capital, the "Existing Citigroup Borrowers"), NC Residual IV Corporation, a direct wholly owned subsidiary of the Company("NCRIV" and, together with the Existing Citigroup Borrowers, the "Citigroup Borrowers"), the Company and Citigroup Global Markets Realty Corp.("Citigroup") entered into Amendment Number Two (the "Citigroup Amendment") to that certain Master Repurchase Agreement dated as of August 1,2006 (as amended to date, including by the Citigroup Amendment, the "Citigroup Agreement") by and among the Existing Citigroup Borrowers, theCompany and Citigroup. The Citigroup Amendment had the effect of adding NCRIV as a Borrower under the Citigroup Agreement and allowing theCitigroup Borrowers to pledge additional assets for $60 million in additional financing.

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Debtor

n re: Case No.

b. List all property transferred by the debtor within ten years immediately preceding the commencement of this case to a self-settled trust orsimilar device of which the debtor is a beneficiary.

10. Other transfers (continued)None

NAME OF TRUSTOR OTHER DEVICE DATE(S) OF TRANSFER(S)

AMOUNT OF MONEY OR DESCRIPTIONAND VALUE OF PROPERTY OR DEBTOR'SINTEREST IN PROPERTY

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Debtor

n re: Case No.

List all financial accounts and instruments held in the name of the debtor or for the benefit of the debtor which were closed, sold, or otherwisetransferred within one year immediately preceding the commencement of this case. Include checking, savings, or other financial accounts,certificates of deposit, or other instruments; shares and share accounts held in banks, credit unions, pension funds, cooperatives, associations,brokerage houses and other financial institutions. (Married debtors filing under chapter 12 or chapter 13 must include information concerningaccounts or instruments held by or for either or both spouses whether or not a joint petition is filed, unless the spouses are separated and a joinpetition is not filed.)

11. Closed financial accountsNone

NAME AND ADDRESSOF INSTITUTION

TYPE OF ACCOUNT, LAST FOUR

DIGITS OF ACCOUNT NUMBER,AND AMOUNT OF FINAL BALANCE

AMOUNT AND

DATE OF SALEOR CLOSING

See attached Exhibit 11

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Debtor

n re: Case No.

List each safe deposit or other box or depository in which the debtor has or had securities, cash, or other valuables within one year immediatelpreceding the commencement of this case. (Married debtors filing under chapter 12 or chapter 13 must include boxes or depositories of eitheror both spouses whether or not a joint petition is filed, unless the spouses are separated and a joint petition is not filed.)

X

12. Safe deposit boxesNone

NAME AND ADDRESS

OF BANK OROTHER DEPOSITORY

NAMES AND ADDRESSES

OF THOSE WITH ACCESSTO THE BOX OR DEPOSITORY

DESCRIPTION

OFCONTENTS

DATE OF TRANSFER

OR SURRENDER,IF ANY

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Debtor

n re: Case No.

List all setoffs made by any creditor, including a bank, against a debt or deposit of the debtor within 90 days preceding the commencement ofthis case. (Married debtors filing under chapter 12 or chapter 13 must include information concerning either or both spouses whether or not a

joint petition is filed, unless the spouses are separated and a joint petition is not filed.)

13. SetoffsNone

NAME AND ADDRESS OF CREDITORDATE OF

SETOFF

AMOUNT OF

SETOFF

Bank of America901 Main Street, 66th Floor,TX1-492-66-01Dallas, TX 75202-3714

March 8, 2007 Unliquidated

Barclays Bank PLC200 Park AvenueNew York, NY 10166


Citigroup Global Markets Realty Corp.390 Greenwich Street, 6th Floor

New York, NY 10013


Credit Suisse First Boston Mortgage Capital,LLC302 Carneige Center, 2nd FloorPrinceton, NJ 08540


DB Structured Products, Inc.Aspen Funding Corp.Newport Funding Corp.Tuscon Funding LLCGemini Securitization Corp.


IXIS Real Estate Capital, Inc.9 West 57th Street, 36th FloorNew York, NY 10019


UBS Real Estate Securities, Inc.1251 Avenue of the AmericasNew York, NY 10020


Morgan Stanley Mortgage Capital, Inc.1221 Avenue of the Americas27th FloorNew York, New York 10020


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Debtor

n re: Case No.

List all property owned by another person that the debtor holds or controls.

14. Property held for another personNone

NAME AND ADDRESS OF OWNERDESCRIPTION AND VALUEOF PROPERTY LOCATION OF PROPERTY

The Debtor maintains and services loan portfolios owned by various institutions. At any given time, in the ordinary course of business, the Debtor

received and maintained documents and received and disbursed funds related to the loans that it serviced. In conjunction with its loan servicing, the debtcontrolled and continues to maintain custodial bank accounts, which are detailed on the attached Exhibit 14. The Debtor reserves the right to dispute orchallenge the ownership interest of assets held in the custodial bank accounts.

In addition, in the ordinary course of its business, the Debtor may lease equipment from certain third-party lessors for use in the daily operation of its

business. Any such leases are set forth in Schedule G. The property subject to any of such leases is not reflected in either Schedule A or Schedule B aseither owned property or assets of the Debtor. Neither is the property subject to any such leases reflected in the Debtor's Statement of Financial Affairs aproperty or assets of third-parties within the control of the Debtor. Nothing in the Schedules is or shall be construed as an admission or determination as the legal status of any lease (including whether any lease is a true lease or a financing arrangement), and the Debtor reserves all rights with respect to anyof such issues.

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Debtor

n re: Case No.

If debtor has moved within three years immediately preceding the commencement of this case, list all premises which the debtor occupiedduring that period and vacated prior to the commencement of this case. If a joint petition is filed, report also any separate address of eitherspouse.

15. Prior address of debtorNone

ADDRESS NAME USED DATES OF OCCUPANCY

See attached Exhibit 15.

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Debtor

n re: Case No.

If the debtor resides or resided in a community property state, commonwealth, or territory (including Alaska, Arizona, California, Idaho,Louisiana, Nevada, New Mexico, Puerto Rico, Texas, Washington, or Wisconsin) within eight years immediately preceding the commencemeof the case, identify the name of the debtors spouse and of any former spouse who resides or resided with the debtor in the community properstate.

X

16. Spouses and Former SpousesNone

NAME

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Debtor

n re: Case No.

For the purpose of this question, the following definitions apply:

"Environmental Law" means any federal, state, or local statute or regulation regulating pollution, contamination, releases of hazardous or toxisubstances, wastes or material into the air, land, soil, surface water, groundwater, or other medium, including, but not limited to, statutes orregulations regulating the cleanup of these substances, wastes, or material.

"Site" means any location, facility, or property as defined under any Environmental Law, whether or not presently or formerly owned or

operated by the debtor, including, but not limited to, disposal sites.

"Hazardous Material" means anything defined as a hazardous waste, hazardous substance, toxic substance, hazardous material, pollutant, orcontaminant or similar term under an Environmental Law.

a. List the name and address of every site for which the debtor has received notice in writing by a governmental unit that it may be liable orpotentially liable under or in violation of an Environmental Law. Indicate the governmental unit, the date of the notice, and, if known, theEnvironmental Law:

17. Environmental InformationNone

SITE NAMEAND ADDRESS

NAME AND ADDRESSOF GOVERNMENTAL UNIT

DATE OFNOTICE

ENVIRONMENTALLAW

From time to time, the debtor has, in its ordinary course of business, foreclosed on real estate property subject to minor emission problems which weresubsequently resolved with the relevant governmental authority.

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Debtor

n re: Case No.

b. List the name and address of every site for which the debtor provided notice to a governmental unit of a release of Hazardous Material.Indicate the governmental unit to which the notice was sent and the date of the notice.

17. Environmental Information (continued)None

SITE NAMEAND ADDRESS

NAME AND ADDRESSOF GOVERNMENTAL UNIT

DATE OFNOTICE ENVIRONMENTAL LAW

From time to time, the debtor has, in its ordinary course of business, foreclosed on real estate property subject to minor emission problems which weresubsequently resolved with the relevant governmental authority.

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Debtor

n re: Case No.

c. List all judicial or administrative proceedings, including settlements or orders, under any Environmental Law with respect to which thedebtor is or was a party. Indicate the name and address of the governmental unit that is or was a party to the proceeding, and the docket numb

X

17. Environmental Information (continued)None

NAME AND ADDRESSOF GOVERNMENTAL UNIT DOCKET NUMBER

STATUS ORDISPOSITION

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Debtor

n re: Case No.

a. If the debtor is an individual, list the names, addresses, taxpayer identification numbers, nature of the businesses, and beginning and endingdates of all businesses in which the debtor was an officer, director, partner, or managing executive of a corporation, partner in a partnership,sole proprietor, or was self-employed in a trade, profession, or other activity either full- or part-time within six years immediately preceding thcommencement of this case, or in which the debtor owned 5 percent or more of the voting or equity securities within six years immediatelypreceding the commencement of this case.

If the debtor is a partnership, list the names, addresses, taxpayer identification numbers, nature of the businesses, and beginning and ending

dates of all businesses in which the debtor was a partner or owned 5 percent or more of the voting or equity securities, within six yearsimmediately preceding the commencement of this case.

If the debtor is a corporation, list the names, addresses, taxpayer identification numbers, nature of the businesses, and beginning and endingdates of all businesses in which the debtor was a partner or owned 5 percent or more of the voting or equity securities within six yearsimmediately preceding the commencement of this case.

18 . Nature, location and name of businessNone

NAME

LAST FOUR DIGITS OF SOC. SEC. NO./COMPLETE EIN OROTHER TAXPAYER I.D. NO. ADDRESS

NATURE OFBUSINESS

BEGINNING ANDENDING DATES

New Century Funding

A

N/A 18400 Von Karman

AvenueSuite 1000Irvine, CA 92612

Delaware Business

Trust

5/13/02 to Present

New Century FundingSB-1

N/A 18400 Von KarmanAvenueSuite 1000Irvine, CA 92612

Delaware BusinessTrust

5/21/02 to Present

Von Karman FundingTrust

20-3936686 18400 Von KarmanAvenue

Suite 1000Irvine, CA 92612

Purchase, Sale andFinancing of

Mortagage Loans

1/30/06 to Present

NC Residual

Corporation

33-0804494 18400 Von Karman


Holds Residual Assets 3/20/98 to Present

NCMC InsuranceCorporation

74-3066670 18400 Von KarmanAvenueSuite 1000Irvine, CA 92612

Hawaii CaptiveInsurance Company

10/21/02 to Present

eConduit Corporation 48-1282845 18400 Von KarmanAvenueSuite 1000Irvine, CA 92612

Purchaser ofDistressed Securedand Unsecured Assets

9/23/02 to Present

NC Insurance

Services, Inc.

11-3715747 18400 Von Karman


Insurance Agent 3/19/04 to Present

North American RealEstate Solutions, Inc.

54-2074916 18400 Von KarmanAvenueSuite 1000Irvine, CA 92612

Real Estate AppraisalServices

3/6/02 to Present

NC CapitalCorporation

33-0829437 18400 Von KarmanAvenue

Suite 1000Irvine, CA 92612

Secondary Marketing 10/30/98 to Present

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Debtor

n re: Case No.

NAME

LAST FOUR DIGITS OF SOC. SEC. NO./COMPLETE EIN OROTHER TAXPAYER I.D. NO. ADDRESS

NATURE OFBUSINESS

BEGINNING ANDENDING DATES

New CenturyMortgage VenturesLLC

71-0973199 18400 Von KarmanAvenueSuite 1000

Irvine, CA 92612

Business to BusinessJoint Venture

10/7/04 to Present

NextAce Unknown 160 S. Old SpringsRoad, Suite 200Anaheim Hills, CA92808

Title Company 07/14/03 to Present

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Debtor

n re: Case No.

b. Identify any business listed in response to subdivision a., above, that is "single asset real estate" as defined in 11 U.S.C. 101.X

18 . Nature, location and name of business (continued)None

NAME ADDRESS

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Debtor

n re: Case No.

The following questions are to be completed by every debtor that is a corporation or partnership and by any individual debtor who is orhas been, within six years immediately preceding the commencement of this case, any of the following: an officer, director, managingexecutive, or owner of more than 5 percent of the voting or equity securities of a corporation; a partner, other than a limited partner, of apartnership, a sole proprietor, or self-employed in a trade, profession, or other activity, either full- or part-time.

(An individual or joint debtor should complete this portion of the statement only if the debtor is or has been in business, as defined abovwithin six years immediately preceding the commencement of this case. A debtor who has not been in business within those six years should

go directly to the signature page.)

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Debtor

n re: Case No.

a. List all bookkeepers and accountants who within two years immediately preceding the filing of this bankruptcy case kept or supervised thekeeping of books of account and records of the debtor.

19. Books, records and financial statementsNone

NAME AND ADDRESS DATES SERVICES RENDERED

Tajvinder S. Bindra November 2006 to Present

David Kenneally August 2005 to March 2007

Patti M. Dodge July 2004 to November 2006

Edward Gotschall July 2004 to March 2006

Address: 18400 Von Karman Avenue, Irvine CA 92612

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Debtor

n re: Case No.

b. List all firms or individuals who within two years immediately preceding the filing of this bankruptcy case have audited the books ofaccount and records, or prepared a financial statement of the debtor.

19. Books, records and financial statements (continued)None

NAME ADDRESS DATES SERVICES RENDERED

KPMG KPMGJohn Donovan

21700 Oxnard St., Suite 1200Woodland Hills, CA 91369

2005 - April 2007

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Debtor

n re: Case No.

c. List all firms or individuals who at the time of the commencement of this case were in possession of the books of account and records of thdebtor. If any of the books of account and records are not available, explain.


NAME ADDRESS

Tajvinder S. Bindra 18400 Von Karman Avenue, Ste 1000Irvine, CA 92612

David Kenneally 18400 Von Karman Avenue, Ste 1000Irvine, CA 92612

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Debtor

n re: Case No.

d. List all financial institutions, creditors and other parties, including mercantile and trade agencies, to whom a financial statement was issuedby the debtor within two years immediately preceding the commencement of this case.


NAME AND ADDRESS DATE ISSUED

See attached Exhibit 19d.

New Century Financial Corporation and its consolidated subsidiaries including the Debtor ("New Century Mortgage Corporation") provide financialstatements in the ordinary course of business to various parties including regulatory agencies, financial institutions, shareholders, investment banks,customers, vendors and attorneys. In addition, financial statements have been provided to other parties as requested.

Pursuant to the requirements of the Securities Exchange Act of 1934, at the end of New Century Financial Corporation's fiscal quarters and fiscal yearsand upon occurrence of certain significant events, New Century Financial Corporation prepares and files with the Securities and Exchange Commission

("SEC") Form 8-K Current Reports, Form 10-Q Quarterly Reports and Form 10-K Annual Reports (collectively the "SEC Filings"). The SEC Filingscontain financial information relating to the Debtor. It is the practice of New Century Financial Corporation to distribute copies of the SEC Filings to thevendors, creditors, lenders and other parties requesting financial information. Because the SEC Filings are of public record, New Century Financial

Corporation has not maintained records of the parties who requested or obtained copies of any SEC Filings from the SEC or New Century Financial

Corporation.

The Debtor has attached a list of state and federal regulatory agencies to which it has provided financial statements. While every effort has been made toprovide a complete and accurate list, inadvertent errors or omissions may exist.

In addition, on a monthly basis and from time to time, New Century Mortgage Corporation, with the assistance of internal and outside accountants,

prepare financial reports and statements (Collectively, the "Internal Reports"). The Internal Reports are utilized by New Century Mortgage Corporation ithe operation and management of its business. In addition, in the ordinary course of business and in connection with certain transactions not in the ordinacourse of business, the Internal Reports were often distributed to accountants, lawyers, lenders and other parties doing business with New Century

Mortgage Corporation. New Century Mortgage Corporation has not maintained complete records of the parties who requested or obtained copies of theInternal Reports.

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Debtor

n re: Case No.

a. List the dates of the last two inventories taken of your property, the name of the person who supervised the taking of each inventory, and thdollar amount and basis of each inventory.

X

20. InventoriesNone

DATE OF INVENTORY INVENTORY SUPERVISORDOLLAR AMOUNT OF INVENTORY(Specify cost, market, or other basis)

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Debtor

n re: Case No.

b. List the name and address of the person having possession of the records of each of the inventories reported in a., above.X

20. Inventories (continued)None

DATE OF INVENTORYNAME AND ADDRESSES OF CUSTODIANOF INVENTORY RECORDS

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Debtor

n re: Case No.

a. If the debtor is a partnership, list the nature and percentage of partnership interest of each member of the partnership.X

21 . Current Partners, Officers, Directors and ShareholdersNone

NAME AND ADDRESS NATURE OF INTEREST PERCENTAGE OF INTEREST

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Debtor

n re: Case No.

b. If the debtor is a corporation, list all officers and directors of the corporation, and each stockholder who directly or indirectly owns, controor holds 5 percent or more of the voting or equity securities of the corporation.

21 . Current Partners, Officers, Directors and Shareholders (continued)None

NAME AND ADDRESS TITLENATURE AND PERCENTAGEOF STOCK OWNERSHIP

New Century TRS Holdings18400 Von Karman Avenue, Suite 1000Irvine, CA 92612

Shareholder 100%

Anthony T. Meola18400 Von Karman Avenue, Suite 1000Irvine, CA 92612

Executive Vice President, Loan Production N/A

Brad A. Morrice18400 Von Karman Avenue, Suite 1000Irvine, CA 92612

Director and President and Chief ExecutiveOfficer

N/A

Colleen Wolf18400 Von Karman Avenue, Suite 1000

Irvine, CA 92612

Senior Vice President, Chief InformationOfficer

N/A

David Kenneally18400 Von Karman Avenue, Suite 1000Irvine, CA 92612

Senior Vice President, Controller N/A

Gregory Schroeder18400 Von Karman Avenue, Suite 1000Irvine, CA 92612

Executive Vice President, Marketing andeCommerce Director

N/A

John Hedlund18400 Von Karman Avenue, Suite 1000Irvine, CA 92612

Senior Vice President, COO, Prime LendingDivision

N/A

Jonathan Threadgill

18400 Von Karman Avenue, Suite 1000Irvine, CA 92612

President, Prime Lending Division N/A

Joseph Eckroth18400 Von Karman Avenue, Suite 1000Irvine, CA 92612

Executive Vice President, Chief InformationOfficer and Chief Operating Officer

N/A

Kevin Cloyd18400 Von Karman Avenue, Suite 1000Irvine, CA 92612

Director and Executive Vice President,Capital Markets

N/A

Lenice Johnson18400 Von Karman Avenue, Suite 1000Irvine, CA 92612

Senior Vice President, Corporate CreditOfficer

N/A

Michael Zeffiro18400 Von Karman Avenue, Suite 1000Irvine, CA 92612

Senior Vice President, Chief DevelopmentOfficer

N/A

Monika McCarthy18400 Von Karman Avenue, Suite 1000Irvine, CA 92612

Senior Vice President, General Counsel N/A

Patti M. Dodge18400 Von Karman Avenue, Suite 1000Irvine, CA 92612

Executive Vice President, Investor Relations N/A

Paul Zalle18400 Von Karman Avenue, Suite 1000Irvine, CA 92612

Senior Vice President, Director of InternalAudit and Corporate Ethics Officer

N/A

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Debtor

n re: Case No.

NAME AND ADDRESS TITLENATURE AND PERCENTAGEOF STOCK OWNERSHIP

Randy Stewart18400 Von Karman Avenue, Suite 1000Irvine, CA 92612

Executive Vice President, Prime Lendingdivision

N/A

Richard Cimino18400 Von Karman Avenue, Suite 1000

Irvine, CA 92612

President, Servicing Division N/A

Stergios Theologides18400 Von Karman Avenue, Suite 1000Irvine, CA 92612

Executive Vice President - Corporate Affairs,Senior Legal Counsel and Secretary

N/A

Steve Lemon18400 Von Karman Avenue, Suite 1000

Irvine, CA 92612

Executive Vice President, Group Manager,East Coast Wholesale Group

N/A

Tajvinder S. Bindra18400 Von Karman Avenue, Suite 1000Irvine, CA 92612

Executive Vice President, Chief FinancialOfficer

N/A


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Debtor

n re: Case No.

a. If the debtor is a partnership, list each member who withdrew from the partnership within one year immediately preceding thecommencement of this case.

X

22 . Former partners, officers, directors and shareholdersNone

NAME ADDRESS DATE OF WITHDRAWAL

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Debtor

n re: Case No.

b. If the debtor is a corporation, list all officers, or directors whose relationship with the corporation terminated within one year immediatelypreceding the commencement of this case.

22 . Former partners, officers, directors and shareholders (continued)None

NAME AND ADDRESS TITLE DATE OF TERMINATION

Carl Vernon18400 Von Karman Avenue, Suite 1000

Irvine, CA 92612

President Consumer Direct Division 2006

Robert Champion18400 Von Karman Avenue, Suite 1000Irvine, CA 92612

Executive Vice President, Group ManagerWest Coast Wholesale Group

2007

Rodney Colombi18400 Von Karman Avenue, Suite 1000

Irvine, CA 92612

Executive Vice President Corporate Finance 2006


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Debtor

n re: Case No.

If the debtor is a partnership or corporation, list all withdrawals or distributions credited or given to an insider, including compensation in anyform, bonuses, loans, stock redemptions, options exercised and any other perquisite during one year immediately preceding the commencemeof this case.

23 . Withdrawals from a partnership or distributions by a corporationNone

NAME AND ADDRESS

OF RECIPIENT,RELATIONSHIP TO DEBTOR

DATE AND PURPOSEOF WITHDRAWAL

AMOUNT OF MONEY

OR DESCRIPTIONAND VALUE OF PROPERTY

The obligations of New Century TRS Holdings, Inc and its affiliated debtors are paid by and through New Century Financial Corporation (07-10417).Distributions, if any, to any such insiders of this Debtor would be included among the distributions listed in response to Item 23 of the Statement ofFinancial Affairs for New Century Financial Corporation.


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Debtor

n re: Case No.

If the debtor is a corporation, list the name and federal taxpayer identification number of the parent corporation of any consolidated group fortax purposes of which the debtor has been a member at any time within six years immediately preceding the commencement of the case.

24. Tax Consolidation GroupNone

NAME OF PARENT CORPORATION TAXPAYER IDENTIFICATION NUMBER (EIN)

New Century TRS Holdings Inc. 33-0683629

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Debtor

n re: Case No.

If the debtor is not an individual, list the name and federal taxpayer identification number of any pension fund to which the debtor, as anemployer, has been responsible for contributing at any time within six years immediately preceding the commencement of the case.

X

25. Pension FundsNone

NAME OF PENSION FUND TAXPAYER IDENTIFICATION NUMBER (EIN)

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SOFA EXHIBIT 3B


46/220

New Century Mortgage Corporation Exhibit 3b 07-10419

Payments to Creditors

Creditor Name Date Paid Amount

136 Turnpike Road LLC 02/01/07 5,519.38

03/01/07 7,200.38

1st Alliance Lending, LLC 02/27/07 29,907.37

1st Metropolitan Mortgage/FB 01/08/07 7,000.00

01/31/07 8,437.75

21st Mortgage Corporation 01/26/07 56,988.00

303 Griffing Associates, LLC 02/01/07 5,500.00

03/01/07 5,500.00

816 Connecticut Avenue, LP 02/01/07 8,442.36

03/01/07 8,187.06

8300, LLC 02/01/07 8,885.00

03/01/07 8,885.00

830-850 Central Parkway Ltd 02/01/07 6,518.75

A & B Lending 01/09/07 7,771.00

ABN Amro Mortgage Group, Inc 01/03/07 126,402.99

Absolute Mortgage Solutions 01/08/07 17,156.00

02/08/07 10,100.00

Accenture 01/12/07 2,339,854.40

01/24/07 529,856.25

03/16/07 2,101,071.01

Acceptance Capital Mortgage Corporation 01/24/07 10,415.00

Accountemps 01/04/07 8,469.5303/08/07 16,728.27

Accredited Home Lenders, Inc. 02/05/07 32,025.00

Accupoint Mortgage 03/01/07 16,375.00

Accurate Background 01/04/07 20,550.82

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Ace Mortgage Funding, Inc. 01/09/07 13,736.25

02/02/07 47,232.25

03/14/07 16,377.05

Ace Mortgage Real Estate and Investments 02/22/07 9,618.75

ACE Parking Management, Inc. 01/09/07 27,485.00

02/20/07 47,000.00

ACE USA 02/01/07 16,824.38

02/28/07 30,359.68

Acquiport Unicorn, Inc. 02/01/07 31,470.17

03/01/07 29,676.17

Addwel, LLC 02/01/07 9,148.50

03/01/07 8,258.83

ADI Compliance Consulting 01/02/07 12,350.00

Administrative Resource Option 01/08/07 25,921.69

01/23/07 28,870.76

02/14/07 31,919.85

03/05/07 27,397.90

03/08/07 28,686.57

ADT Security Services 01/10/07 112,614.71

02/08/07 7,384.25

03/30/07 64,008.00

Adteractive 01/09/07 7,815.00

01/29/07 187,327.00

02/05/07 178,961.00

02/07/07 127,858.00

03/07/07 6,075.00

Adteractive, Inc 01/09/07 133,169.00

02/05/07 6,165.00

Advantage Home Finance 01/30/07 26,673.04

Advantage One Mortgage Corp 01/31/07 33,895.65

03/06/07 55,021.53

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Advantage Sign & Graphics, LLC 01/11/07 8,991.00

Advantix Lending, Inc 02/20/07 18,185.00

Aerotek Professional Services 02/09/07 27,036.20

02/23/07 7,104.13

03/08/07 22,859.70

AeroTek, Inc 01/02/07 8,806.94

Aerotek, Inc. 01/02/07 15,219.2001/29/07 9,182.85

Affiliated Computer Services 01/17/07 633,049.33

01/30/07 563,398.29

AFSA 01/02/07 10,000.00

AGF Woodfield Owner, L.L.C. 03/01/07 13,101.67

Agile 360 02/22/07 142,200.00

Aidan West Financial Group, Inc 01/29/07 37,098.71

03/07/07 27,213.79

Airport Office Center Associat 02/01/07 16,012.50

03/01/07 16,012.50

Akona Systems, Inc 01/02/07 105,650.00

Alan Brian Bentley 01/03/07 6,125.00

Alexandra T Piacenza 03/14/07 8,192.23

Alfonso Barajas 02/16/07 7,000.00

ALG Capital, Inc 03/02/07 6,200.00

All Cities Mortgage & Financial, Inc. 01/26/07 40,534.50

02/27/07 24,301.41

All City Moving & Storage 02/22/07 7,843.12

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All Points Moving & Storage, LP 01/17/07 71,790.13

02/07/07 15,827.50

Allen Matkins 03/08/07 205,869.44

Allied Home Mortgage & Real Estate, Inc 03/09/07 6,400.00

Alschuler Grossman LLP 03/19/07 74,500.17

03/20/07 116,000.00

Alschuler Grossman Stein & Kahan, LLP 03/01/07 9,796.88

Amberleaf Partners, Inc. 01/09/07 7,200.00

01/11/07 37,500.71

02/26/07 11,667.81

America One Finance Inc. 01/19/07 6,619.92

American Building Maintenance 02/01/07 18,583.62

03/01/07 8,591.40

03/14/07 10,282.96

03/26/07 18,583.62

American Equity Mortgage, Inc 03/05/07 65,874.69

American Equity Mortgage, Inc. 01/02/07 70,219.61

02/09/07 48,146.66

American Express 01/16/07 223,990.27

01/19/07 14,464.50

01/22/07 309,916.08

01/31/07 83,426.66

02/02/07 14,711.97

02/06/07 323,170.5302/21/07 23,151.85

02/23/07 144,802.00

American Express Travel Related Services 03/28/07 776,385.49

American Financial Services Association 01/11/07 34,000.00

American Heritage Lending Corporation 01/29/07 25,006.98

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American Home Mortgage Corporation 01/16/07 6,203.25

02/01/07 7,306.50

03/01/07 7,306.50

American Homefront Mortgage Fun 01/31/07 12,431.32

American Mortgage Specialists Inc. 01/26/07 43,735.93

02/27/07 43,514.42

American Securitization Forum 01/17/07 25,000.00

Americas Lending Group 01/26/07 10,751.99

Americash, Inc. 01/30/07 38,823.69

03/09/07 40,877.13

Amerilty, Inc 01/05/07 18,517.00

Ameripath Mortgage Corporation 01/11/07 408,175.92

02/08/07 332,510.01

Ameristar Financial Group 03/08/07 6,500.00

Ampco System Parking 01/22/07 7,549.73

02/26/07 7,057.57

Amstar Mortgage Corporation 01/30/07 19,043.36

03/02/07 12,970.78

Amtec Funding Group, LLC 01/02/07 24,815.00

01/30/07 27,497.10

03/05/07 24,397.43

Anderson Appraisal Services, Inc. 01/17/07 5,650.0003/05/07 5,950.00

Anthony Harmetz 01/16/07 5,860.27

02/22/07 9,100.00

Aon Consulting 03/15/07 10,000.00

Apex Lending, Inc. 01/29/07 31,314.18

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03/06/07 17,617.85

Apollo Interactive, Inc. 01/10/07 35,596.70

01/22/07 59,000.00

Arapahoe Court I, LLC 02/01/07 6,892.60

03/01/07 6,892.60

Armorpoint, Inc. 02/13/07 13,675.00

Armstrong Williams 02/06/07 8,700.00

Ascella Mortgage, LLC 02/28/07 9,121.01

Ascent Home Loans Inc. 01/29/07 18,650.20

ASIC 01/08/07 35,303.22

02/20/07 21,234.68

Aspect Software, Inc. 01/02/07 280,523.07

01/17/07 46,301.00

01/26/07 9,900.00

Associated Brokers 01/18/07 12,500.00

02/22/07 7,000.00

Associated Software Consultants, Inc. 01/05/07 6,480.00

03/05/07 6,480.00

03/09/07 6,480.00

AT&T 01/03/07 636,492.67

01/04/07 148,031.22

01/05/07 61,173.41

01/08/07 29,165.79

01/09/07 36,256.0601/10/07 10,330.91

01/11/07 351,900.47

01/17/07 188,014.95

01/18/07 12,227.01

01/19/07 8,512.43

01/22/07 17,358.53

01/24/07 153,638.96

01/30/07 9,292.72

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02/02/07 8,217.82

02/05/07 35,617.98

02/06/07 9,944.27

02/07/07 17,652.80

02/12/07 9,383.09

02/14/07 200,654.50

02/15/07 45,805.97

02/20/07 11,559.36

02/22/07 10,215.99

02/23/07 117,109.80

02/26/07 12,059.03

02/28/07 17,521.9903/02/07 10,707.35

03/05/07 488,608.68

03/08/07 9,218.21

03/09/07 137,129.36

Atlantic Home Loans Inc 02/07/07 7,500.00

Atlas Van Lines 02/14/07 7,162.51

ATM Corporation of America 02/28/07 89,816.74

Aultura Credit Union 03/07/07 35,748.00

Aurora Loan Services, LLC 02/02/07 19,925.00

Automated Finance Corporation 01/31/07 33,478.77

03/02/07 36,934.37

Avalon Media, LLC 01/24/07 13,760.00

02/28/07 6,880.00

Avaya, Inc. 01/05/07 45,385.16

01/25/07 41,419.1202/05/07 6,500.00

03/07/07 41,727.52

Avellino Investment Properties 02/01/07 5,547.00

03/01/07 5,547.00

AVIS Rent A Car System, Inc. 02/26/07 9,552.00

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Bagels & Brew 01/30/07 7,342.80

Ballard Spahr Andrews & Ingersoll, LLP 01/02/07 11,543.70

03/06/07 23,485.10

03/21/07 39,541.05

Bank of America 01/02/07 40,000,000.00

01/04/07 30,000,000.00

01/05/07 26,000,000.00

01/08/07 7,000,000.00

01/10/07 21,720,984.27

01/11/07 127,251.6101/12/07 8,000,000.00

01/17/07 7,000,000.00

01/19/07 24,500,000.00

01/22/07 9,500,000.00

01/23/07 40,000,000.00

01/24/07 40,000,000.00

01/25/07 11,141,968.36

01/26/07 46,357,548.94

01/29/07 39,600,000.00

01/30/07 44,000,000.00

01/31/07 12,165,188.84

02/02/07 150,000,000.00

02/08/07 1,800,701.78

02/21/07 1,913,937.94

02/27/07 7,492,306.56

Bank of England Mortgage Company 01/30/07 41,372.14

03/01/07 27,484.18

Barclays 01/02/07 3,536,720.47

01/04/07 861,570.47

01/05/07 1,439,734.33

01/10/07 722,793.0701/12/07 5,747,292.96

01/18/07 2,674,594.44

01/23/07 336,835.80

01/25/07 1,605,606.22

01/29/07 64,399.41

02/01/07 7,860,684.84

02/12/07 2,117,675.98

02/13/07 38,817,112.56

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02/14/07 3,649,172.32

02/20/07 840,127.05

02/21/07 1,465,102.22

02/26/07 8,143,807.61

02/28/07 981,347.64

03/01/07 1,909,716.11

03/02/07 7,188,194.72

BasePoint Analytics, LLC 01/29/07 284,062.57

02/26/07 70,626.10

Baute & Tidus LLP 01/02/07 37,334.69

BaySources, Inc. 01/05/07 6,000.00

01/31/07 6,000.00

02/01/07 5,850.00

BCIA 95 Glastonbury Blvd. LLC 02/01/07 5,838.33

03/01/07 5,838.33

BEA Systems, Inc. 02/28/07 74,321.21

03/02/07 31,585.10

Beazer Mortgage Corporation 01/11/07 6,318.00

Behavioral Science Research Press, Inc. 01/17/07 9,785.00

02/20/07 8,455.00

Bekins Moving & Storage Co., LLC 02/21/07 6,551.94

Bekins Van Lines 01/25/07 5,510.49

Bell South 02/06/07 14,352.66

02/09/07 10,012.88

02/21/07 17,980.7702/26/07 12,911.10

Bellevue Lincoln Plaza, LLC 02/01/07 42,998.24

03/01/07 37,695.93

BellSouth 01/12/07 36,229.81

Ben Bridge Jewelers 01/29/07 14,663.43

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Best Limosines & Transportation, Inc. 02/14/07 6,240.95

Best Rate Funding Corporation 01/26/07 168,503.93

03/02/07 97,471.80

Best Western International, Inc 02/26/07 26,950.00

BF Consultants, LLC 01/03/07 12,160.00

02/05/07 49,582.50

02/27/07 18,353.00

BGK Tennessee Office Associate 02/01/07 11,861.00

03/01/07 11,861.00

Bill Dawley 01/04/07 6,052.57

Billingsley Property Services 02/01/07 28,984.44

03/01/07 24,596.43

Bloomberg L.P. 02/26/07 11,439.25

Bloomington Associates 2005 LLC 02/01/07 19,717.19

03/01/07 19,717.19

Blue Ribbon Trophy Co. 01/22/07 6,272.28

BMS Holdings, LLC 03/21/07 6,645.00

Board of Administration 02/01/07 5,876.90

03/01/07 5,907.14

BorrowSmart Public Education Foundation 01/16/07 30,000.00

BQ Consulting, Inc. 01/03/07 27,810.00

01/05/07 10,260.00

01/19/07 9,457.50

02/06/07 9,217.50

BR Search, Inc. 01/19/07 20,000.00

01/31/07 20,000.00

02/05/07 20,000.00

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Brandywine Realty Services 02/01/07 50,604.66

03/01/07 51,554.41

03/09/07 13,300.35

Brent A. Eneix 03/23/07 17,716.01

Brett J. Hively 01/31/07 39,602.96

Bridge Capital Corporation 01/04/07 8,902.50

01/11/07 6,307.50

01/17/07 146,398.0501/22/07 11,739.00

01/29/07 12,540.00

01/31/07 14,352.78

02/01/07 20,565.10

02/12/07 10,030.00

02/16/07 120,543.66

03/02/07 11,495.00

Brilliant Applications, Inc. 01/03/07 6,020.00

Broadmoor Hills LLC. 02/01/07 26,651.96

03/01/07 17,903.73

Bruce Gottshcall 02/20/07 6,000.00

Bruce P. Ironmonger 01/12/07 5,600.00

Bryan Press 01/08/07 9,154.05

01/11/07 77,675.72

02/20/07 40,943.92

Buchalter Nemer 01/08/07 47,465.08

Bush & Hewitt Holding, Inc. 03/05/07 11,282.36

Butera & Andrews 03/06/07 175,000.00

C.P.H. Home Loans, LLC 01/25/07 21,000.00

02/28/07 6,000.00

Cadwalader, Wickersham & Taft 01/08/07 13,280.19

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01/17/07 15,000.00

Calculated Industries, Inc. 03/05/07 9,917.06

CalHFA 02/26/07 11,500.00

California Association of Mortgage 03/09/07 11,100.00

California Department of Transportation 02/01/07 92,792.00

03/01/07 96,503.68

California Secured Funding Corporation 01/29/07 7,206.06

Calyx Software 01/05/07 58,040.00

02/08/07 61,458.00

Cambridge Funding Group 01/29/07 19,284.50

Camel Square LLC 02/01/07 7,096.71

03/01/07 7,096.71

Campbell Commerce Wholesale, Inc 01/02/07 25,098.45

Canon Financial Services, Inc 02/21/07 56,426.92

02/26/07 152,199.27

Canpro Investments Ltd. 02/01/07 35,752.90

03/01/07 35,752.90

Capital Direct Lending Corporation 03/08/07 12,520.00

Careerbuilder.com 02/08/07 27,200.00

Carolyn Plummer 03/23/07 14,712.08

CASCO Contractors, Inc 01/23/07 5,486.00

Cash Fast Finance, LLC 01/26/07 79,685.29

02/26/07 85,407.25

Catarina Mortgage Services, Inc 01/25/07 168,885.00

03/08/07 161,420.00

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Catherine Castle 03/14/07 64,735.44

CB Richard Ellis 01/04/07 17,270.00

01/11/07 16,430.33

01/23/07 43,000.50

02/08/07 21,867.76

02/08/07 24,140.69

02/09/07 71,748.13

02/20/07 79,642.53

03/14/07 175,078.67

C-Bass 01/12/07 4,017,249.5602/12/07 11,094,188.77

02/23/07 6,893,320.59

CBC Innovis, INC. 01/11/07 621,618.16

01/16/07 1,249,842.25

02/08/07 557,884.93

CBCA Administrators, Inc 01/05/07 243,750.00

CBCA Insurance Claims 02/13/07 9,155.37

CBRE Technical Services 01/04/07 13,291.75

02/01/07 19,865.88

02/14/07 13,008.52

02/23/07 10,596.18

CC Pace 03/12/07 8,281.70

CCO Mortgage 01/04/07 138,943.47

CCSF, LLC 03/07/07 10,633.77

CDC Captial Markets 02/12/07 4,055,182.53

CDC IXIS Capital Markets NA Inc. 02/15/07 1,258,859.60

02/22/07 47,849.94

Centergistic Solutions 02/28/07 27,540.20

Central Pacific Mortgage Company 01/31/07 57,071.27

03/02/07 23,212.53

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Ceridian 02/09/07 25,638.00

CFAL 02/14/07 60,000.00

Challenge Financial Investors Corp 01/29/07 79,504.66

03/02/07 109,465.88

Charter Funding 01/19/07 8,800.00

02/27/07 6,700.00

Check Printers, Inc. 01/05/07 155,000.0001/10/07 117,088.15

02/01/07 71,126.77

03/07/07 135,690.50

CHLOE CONEY & ASSOCIATES 02/12/07 6,000.00

ChoicePoint Precision Marketing Inc. 01/18/07 85,934.25

01/29/07 229,713.97

02/06/07 280,679.38

03/08/07 85,003.00

Chordiant Software 01/02/07 368,000.00

Christiana Bank & Trust Company 02/06/07 10,052.00

Christina M. Young & David Hodgson,

Esq

03/28/07 9,000.00

Christine A Fidler 03/14/07 26,113.92

Ci Direct C/O ZC Sterling 03/05/07 10,022.57

03/14/07 5,882.28

Cindy A Nichols 03/16/07 14,078.31

Cingular Wireless 01/12/07 41,014.60

02/22/07 20,545.96

02/28/07 19,180.74

Cisco Systems Capital Corporation 01/16/07 896,076.34

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CIT Technology Financial Services, Inc. 02/12/07 17,048.86

Citadel Home Loans, Inc 02/09/07 14,292.50

CitiBank 01/09/07 1,174,120.24

01/11/07 1,796,171.43

01/16/07 953,330.81

01/23/07 10,988,570.97

01/26/07 17,303,215.63

01/29/07 53,971.17

02/07/07 5,884,624.45

02/26/07 160,459,298.92

Citigate Sard Verbinnen, Inc. 02/07/07 16,722.97

Citigroup - Carrington 02/26/07 1,086,344.28

CitiMortgage 03/06/07 6,076,329.33

Clarion Mortgage Capital 01/02/07 27,488.91

Clarion Mortgage Capital, Inc. 01/29/07 38,808.67

03/02/07 42,623.65

Claritas, Inc. 01/19/07 20,000.00

Clayton Services 03/19/07 250,000.00

Clayton Services, Inc 03/22/07 185,240.00

Clayton Services, Inc. 01/23/07 31,590.00

Client Services, Inc. 01/04/07 57,312.00

01/24/07 83,427.00

01/31/07 112,375.4902/15/07 136,902.73

03/27/07 287,371.06

CMD Realty Investment Fund III 02/01/07 5,573.18

03/01/07 5,573.18

Codey Godward Khonish 03/06/07 400,000.00

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ComEd 01/11/07 11,122.71

03/14/07 9,391.94

Commercial Design Group 03/15/07 68,381.00

Comm-Works, LLC 01/24/07 7,557.80

02/22/07 16,033.08

02/26/07 8,467.92

Compel 01/02/07 27,348.99

Compensation Design Group, Inc 03/30/07 72,422.00

Compensation Design Group, Inc. 01/04/07 84,095.06

02/05/07 72,838.01

Complete Office Solutions 01/25/07 8,218.03

Concepts in Technology, Inc 03/05/07 7,600.00

Congressional Hispanic Caucus Institute 01/18/07 25,000.00

Consolidated Design West 01/02/07 7,361.48

01/29/07 9,744.91

02/27/07 9,744.91

03/06/07 9,744.91

Consumer Federation of America 01/10/07 60,000.00

ConsumerTrack, Inc. 01/02/07 18,117.00

01/09/07 27,459.00

02/12/07 45,879.00

03/07/07 17,428.00

Control Point Solutions, Inc. 01/05/07 26,445.7001/18/07 26,906.99

Cooley Godward Kronish LLP 03/19/07 34,855.84

03/30/07 176,964.68

Cooper & McCloskey, Inc. 01/02/07 7,116.38

COPYRIGHT CLEARANCE CENTER 01/29/07 21,045.00

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CoreLink Staffing Services, Inc. 01/03/07 69,478.77

01/17/07 46,246.07

02/12/07 40,043.13

02/16/07 94,299.50

02/20/07 77,573.69

02/23/07 42,974.79

03/06/07 51,917.39

03/14/07 47,262.38

CoreLogic Systems 03/23/07 45,000.00

Coremetrics, Inc 01/05/07 13,136.36

Coremetrics, Inc. 03/01/07 13,636.36

Corestaff Services, LP 01/04/07 56,576.80

01/23/07 55,231.55

01/25/07 37,690.08

01/30/07 115,024.73

02/07/07 21,238.81

02/08/07 14,761.02

02/12/07 60,113.44

02/13/07 6,112.90

02/28/07 31,174.70

03/06/07 160,220.68

03/14/07 18,043.90

Corporate Executive Board 02/06/07 108,200.00

Corporate Express 02/13/07 64,357.51

Corporate Search America, Inc. 01/04/07 12,000.00

01/24/07 10,000.00

02/02/07 10,000.00

Cort Putnam 01/11/07 11,401.14

Countrywide 03/02/07 2,990,605.20

03/22/07 8,084.08

Coventry Fund X, Ltd. 02/01/07 17,516.57

03/01/07 17,516.57

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CP IPERS Coral LLC 02/01/07 5,815.89

03/01/07 7,720.77

Crain, Caton, & James 01/03/07 25,250.55

03/07/07 10,954.18

Credit Suisse First Boston 01/03/07 5,645,242.79

01/04/07 6,321,536.52

01/05/07 3,279,331.40

01/09/07 10,980,091.27

01/10/07 2,995,096.4101/11/07 10,894,090.48

01/12/07 1,032,910.46

01/16/07 5,487,254.09

01/17/07 2,516,312.48

01/18/07 19,080,526.70

01/22/07 8,300,378.75

01/23/07 1,549,963.38

01/25/07 148,210.30

01/26/07 438,662.70

02/01/07 198,940.00

02/02/07 837,602.05

02/05/07 289,8

NEW CENTURY MORTGAGE LISTS ALL THE LAWSUITS BY HOMEOWNERS AT TIME WHEN NCM DELCLARED BANKRUTPCY IN...

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Transcript of NEW CENTURY MORTGAGE LISTS ALL THE LAWSUITS BY HOMEOWNERS AT TIME WHEN NCM DELCLARED BANKRUTPCY IN...