Friday, April 11, 2008

Mortgage Lenders Imploding

Is the market really that bad? Are mortgage companies (and real estate companies) really going out of business?

Check out The Mortgage Lender Implode-O-Meter.

I'm not here to spout doom & gloom, but I'm not wearing my rose-colored glasses either. I'm not even going to offer an opinion on the marketplace (at least, not in this post! ;p )

But the fact that there's a web site dedicated to tracking the major lenders who have imploded (250 and counting so far) is a pretty remarkable fact...

Your looking for his happy place Realtor,

Chris Butterworth

[tags] mortgage lending [/tags]