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New Century Financial Corporation to Participate on a Panel at the Bear Stearns Mortgage Finance & Housing Markets Conference

16 May 2006

New Century Financial Corporation (NYSE: NEW), a real estate investment trust and parent company of one of the nation's premier mortgage finance companies, announced today that Patti M. Dodge, Executive Vice President and Chief Financial Officer, will be participating on a discussion panel entitled "Outlook and Opportunities in the Subprime Origination Market" at the Bear Stearns Mortgage Finance & Housing Markets Conference which will be held at Bear Stearns' headquarters located at 383 Madison Avenue, New York, New York on Thursday, May 18, 2006 at 11:00 am EDT.


To listen to the discussion panel, please visit the Investor Relations section of the company's Web site at http://www.ncen.com, where a live and an archived audio webcast will be available on the Events and Webcasts page. Questions regarding the webcast may be directed to Carrie Marrelli, Vice President, Investor Relations, at (949) 224-5745.


About New Century Financial Corporation


Founded in 1995 and headquartered in Irvine, California, New Century Financial Corporation is a real estate investment trust and one of the nation's premier mortgage finance companies, providing mortgage products to borrowers nationwide through its operating subsidiaries, New Century Mortgage Corporation and Home123 Corporation. The company offers a broad range of mortgage products designed to meet the needs of all borrowers. New Century is committed to serving the communities in which it operates with fair and responsible lending practices. To find out more about New Century, please visit http://www.ncen.com.

Source: prnewswire


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