Employees Flee New Century Financial Subsidiary

35 employees from the Boca Raton, Florida office of mortgage lender Home 123 Mortgage, a New Century Financial Corporation subsidiary, have left the company and joined Boca-based WCS Lending. Reportedly, most of the remaining employees of Home 123's Boca office have also joined other firms.

Reportedly, the abrupt fleeing came after New Century gave the Home 123 Boca office's division manager a notice to vacate the office and stop accepting loan applications last Friday. To read more, see:

• WCS adds lenders from Home 123 (South Florida Business Journal)
• Boca mortgage officers jump ship from New Century Financial (South Florida Sun-Sentinel)

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