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Latest count of major US mortgage lenders that have croaked since late 2006

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Mortgage and Lending with Canopy Mortgage - Leo Namiot 89769

The sub prime industry continues to crumble, there is a web site that has been keeping track of the fallen companies. The site reports 50 such companies have gone bye bye..... Take a look @ http://www.ml-implode.com/

Most of you already know the site but for those who don't it's interesting stuff. Real Estate Agents should be very careful over the next few months when they Pre-Approvals and even commitment from lenders skating on thin ice, they may never fund! This would leave everyone sitting at teh closing table with no money.