I just found this site today. Check out the Mortgage Lender Implode-O-Meter. These guys are tracking all the big lenders and monitoring the current industry fall out. It’s definitely a good
read. Be prepared for more rocky roads to come.
Technorati Tags: mortgage industry, mortgage lender implode o meter, subprime meltdown, mortgage news, subprime lenders
Tags: Industry News









Business partner closed a loan with Alliance Bancorp in Atlanta last Friday, and another on Monday. The loans did not fund. No information from corporate or the executives. Employees have been kept in the dark and are panicking.
I smell BIG trouble!