Mortgage Implode - o - meter last week 115, this week 122

[mindflayer]

http://ml-implode.com/

[blackasthma]

can't open that link, got another???

[Uglyowl]

[ QUOTE ]
can't open that link, got another???

[/ QUOTE ]

It works, just slow at the moment.

[Chrisman886]

I don't get it. What's the scale? What's this based on? How is this quantified?

[Uglyowl]

Amount of mortgage companies going belly up, the list is under "Imploded" Lenders they have 122.

[PanchoVilla]

yeah, I just got nailed by First Magnus, they were the lender on a 4 plex I am buying in 10 days. [img]/images/graemlins/smile.gif[/img] My broker is scrambling to line up a new loan as we speak.