Wednesday, January 30, 2008

224 Mortgage Lenders Have Gone Under

According to the Mortgage Lender Implode-o-Meter , since late 2006, 224 major U.S. lending operations have "imploded". The site reported that the following lenders have just imploded:
E-Loan (Wholesale)
Allpointe Mortgage (Broker Program)
Popular Warehouse Lending
Allied Lending Corp. (Wholesale)
BF Saul Wholesale Lending
They also report the latest mortgage news and have a list of the top non-imploded lenders.

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