Sign In
Create Account
Sign Out
My Account
Cart
Inside Mortgage Finance
MBS & ABS
The GSEs
The CFPB
Mortgage Trends
FHA/VA Lending
Nonconforming Markets
Data
Subscribe to Data
Home
» Cove Financial, a Lender Operated by Former New Century Officials, Goes Bust
Looking to read the full article? Register today!
Cove Financial, a Lender Operated by Former New Century Officials, Goes Bust
January 12, 2015
Brandon Ivey
Patrick Flanagan, Cove’s CEO, was once the president of New Century Mortgage, a now-defunct subprime giant
News
IMFnews
Inside Mortgage Finance
Inside Nonconforming Markets
Inside Mortgage Trends
Originations
Latest Imf News
Jumbo Originations Increase in Second Quarter
Investors Showing Strong Demand for Home Equity Loans
Non-Agency MBS Issuance Picks Up Momentum
MBS Investors Benefitting From Decline in Interest Rate Volatility
More Imf News
Featured Data
Nonbank Mortgage Earnings Sag in Second Quarter
Bank Mortgage Servicing for Others Declines in 2Q
Bank MBS Holdings Down Slightly, Shift to Ginnie
Government-Insured Sector Loses Share in Second Quarter
More Featured Data
Featured Reports
2024 Mortgage Market Statistical Annual
Agency Seller-Issuer Profile: 2Q24 (PDF)
Mortgage Servicing Rights Report: 2Q24 (PDF)
Top Mortgage Players: 1Q24 (PDF)
More Latest Reports
Featured Poll
The mortgage industry has been shedding jobs for a while now, but some lenders — particularly ones that focus on non-QMs — are talking about staffing up in anticipation of increased originations. Is your shop planning to hire this year?
No. In fact, we’re still downsizing.
Yes, we’re expecting a boom!
No. We’re staffed just right.
Yes, but only a few positions.
View Results