lender: 381 Lenders have now "imploded" - 03/05/10 08:52 AM
How many mortgage lenders are gone?
 381 Imploded* Lenders since late 2006:
381. Assurity Financial Services, LLC380. Premium Capital Funding, LLC dba TopDot Mortgage 379. First Regional Bank, Century City378. Security Atlantic Mortgage Co.377. Apex Lending, Inc.376. Charter Bank, Santa Fe375. Equitable Trust Mortgage Corp.374. AmTrust Bank373. Dynamic Capital Mortgage372. Lend America / Lending Key371. New South Federal Savings Bank370. AME Financial Corp.369. Envision Lending Group Inc.368. Warren Bank367. Stockton Turner & Company366. The Lending Company Inc. - Wholesale365. Capmark Financial Group Inc.364. Northeast Mortgage Corp.363. Security Mortgage Corporation362. Windsor Capital Mortgage Corp.361. First Rate Capital Corp.360. StoneWater Mortgage Corp.359. First … (7 comments)

lender: Lender list now up to 311 Lenders........ - 12/13/08 06:22 AM
12/12/08 Here's the updated list from Mortgage Implode (www.ml-implode).
Sad to think of all of the people that these lenders closings effects...... and what a ripple effect it has (title, appraisers, the paper guy, coffee guy, the restaurant next door, etc).
"Imploded" lenders: The "imploded" status is somewhat subjective and does not necessarily mean operations are ceased permanently: it can mean bankruptcy filing, temporary but open-ended halting of major operations, or a "firesale" acquisition. The Companies include all types (prime, subprime, or a mix of both; retail or wholesale; subsidiaries and entire companies). Note: Companies listed here may still be operating in … (0 comments)

lender: How many mortgage lenders are gone! - 07/24/08 02:58 AM
 267 Imploded* Lenders since late 2006:
267. Wachovia Mortgage, FSB - Wholesale266. Lehman Brothers SBF265. IndyMac Bancorp264. Mortgages Ltd.263. Wilmington Finance - Wholesale262. Accredited Home Lenders, Home Funds Direct261. Assured Lending Corp. - Wholesale260. Homewide Lending Corporation259. Vanguard Mortgage & Title, Inc.258. Chase Home Equity - Wholesale257. Chase Subprime - Wholesale256. Evergreen Investment & Carnation Banc255. Casa Blanca Mortgage/Shearson - Wholesale254. Guaranty Bank - Correspondent253. Citi Residential Lending252. Montgomery Mortgage Capital Company251. E*Trade Wholesale Lending250. Shearson Financial Network, Inc.249. American Bank Mortgage Group - Wholesale248. AmeriBanc Corp.247. Washington Mutual - Wholesale246. Century Bank, F.S.B. - Wholesale245. Diversified Mortgage, Inc.244. National Wholesale … (5 comments)

lender: We have now lost 192 lenders since late 2006 - 11/28/07 02:26 AM
Since late 2006 192 major U.S. lending operations have "imploded" here's a continuation from my previous blog post from 8/22/07. 
192. Charter One (Wholesale)191. Wells Fargo - Home Equity190. Paul Financial, LLC189. Webster Bank (Wholesale)188. Fieldstone Mortgage Company187. Tribeca Lending Corp. (Wholesale)186. WAMU Comm. Correspondent185. Marlin Mortgage Company184. Countrywide Specialty Lending183. UBS Home Finance182. MortgageIT-DB (Retail)181. Edgewater Lending Group180. ResMAE Mortgage Corp.179. Citimortgage Correspondent (2nds)178. AMC Lending177. Southern Star Mortgage (Wholesale)176. Liberty American Mortgage175. Exchange Financial (Wholesale)174. FirstBank Mortgage173. Bank of America (Wholesale)172. Diablo Funding Group Inc.171. Honor State Bank170. Spectrum Financial Group169. National City - Home Equity, Correspondent168. Priority Funding … (0 comments)

 
Michael Schindler (Your IRA guy!)

Michael Schindler

Galesville, WI

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