We tallied 388 mortgage co. implosions from 2006.

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    Lists

    Imploded* Lenders™

    (alphabetical)

    388. Home Savings of America
    387. Dover Mortgage Company - Wholesale
    386. Wintrust Mortgage Corp - Wholesale
    385. Bank of America - Wholesale
    384. Liberty Mortgage Corporation - Wholesale
    383. Universal Mortgage Corp.
    382. American Mortgage Specialists, Inc.
    381. Assurity Financial Services, LLC
    380. Premium Capital Funding, LLC dba TopDot Mortgage
    379. First Regional Bank, Century City
    378. Security Atlantic Mortgage Co.
    377. Apex Lending, Inc.
    376. Charter Bank, Santa Fe
    375. Equitable Trust Mortgage Corp.
    374. AmTrust Bank
    373. Dynamic Capital Mortgage
    372. Lend America / Lending Key
    371. New South Federal Savings Bank
    370. AME Financial Corp.
    369. Envision Lending Group Inc.
    368. Warren Bank
    367. Stockton Turner & Company
    366. The Lending Company Inc. - Wholesale
    365. Capmark Financial Group Inc.
    364. Northeast Mortgage Corp.
    363. Security Mortgage Corporation
    362. Windsor Capital Mortgage Corp.
    361. First Rate Capital Corp.
    360. StoneWater Mortgage Corp.
    359. First National Bank of the South - Wholesale
    358. Senderra Funding - Wholesale
    357. Capstone Realty Advisors
    356. Granite Mortgage, Inc.
    355. Worldwide Financial Resources Inc.
    354. Guaranty Bank - Warehouse
    353. Colonial Bank
    352. Corus Bank
    351. America One Finance
    350. Taylor, Bean & Whitaker Mortgage Corp. - Wholesale
    349. 1st Reverse Financial Services LLC
    348. HCI Mortgage
    347. BankersWest Funding Corp.
    346. American Partners Bank
    345. Senior Lending Network
    344. BankUnited, F.S.B.
    343. Precision Financial, Inc.
    342. Accredited Home Lenders, Lone Star Funds
    341. Wells Fargo - Small-Cap Commercial
    340. Guaranty Bank - GB Mortgage
    339. American Sterling Bank
    338. Chase Home Mortgage - Construction Lending
    337. First Security Loan Corp
    336. South Pacific Financial Corp. - Wholesale
    335. Home Loan Consultants, Inc.
    334. Central States Mortgage
    333. HSBC - HFC & Beneficial
    332. JPMorgan Chase - Warehouse
    331. Ameritime Mortgage Co. LLC
    330. Perfect Mortgage - PerfectFHA
    329. EquiFirst
    328. Residential Loan Centers of America
    327. CU National Mortgage
    326. Colonial National Mortgage - Wholesale
    325. U.S. Mortgage Corp. - Retail
    324. First Interstate Financial - Wholesale
    323. Realty Mortgage Corp.
    322. Vertice
    321. USA Home Loans - Wholesale
    320. SunTrust Mortgage - FHA Wholesale
    319. First Federal - Wholesale
    318. 21st Mortgage - Wholesale
    317. J.B. Nutter & Co. - Wholesale
    316. Homebridge Mortgage Bankers - Refinance.com
    315. 1st Republic Mortgage Bankers
    314. Superior Mortgage Corp - Wholesale
    313. Wall Street Financial Corp - Wholesale
    312. Fairfield Financial Mortgage Group
    311. Chase Prime - Wholesale
    310. Sunshine & Madison Mortgage Corp
    309. Liberty One Lending
    308. Frontier Investment Co.
    307. Solstice Capital Group - HSBC
    306. MortgageIT
    305. HCL Finance Inc. - Wholesale
    304. LIME Financial Svcs. - Wholesale
    303. Mortgage Network Inc. - Wholesale
    302. Fortes Financial - Wholesale
    301. HSBC Mortgage Corp. - Wholesale
    300. CBRE Realty Finance
    299. Franklin Bank, SSB
    298. Mortgage Lion, Inc. - Wholesale
    297. HMS Capital, Inc.
    296. CTX Mortgage Co. - Retail
    295. Equity One Commercial
    294. Coldstream Financial Svcs.
    293. Banco Popular North America - Wholesale
    292. Ace Mortgage Funding, LLC
    291. E-Loan
    290. Gateway Bank, F.S.B. - Wholesale

    Click here to go to the full list

    "Implodes Around The World"

    13. [CA] Wells Fargo - Canada
    12. [UK] Northern Rock plc
    11. [UK] Warwick Finance
    10. [IE] First Active - Ulster Bank
    9. [UAE] Tamweel PJSC
    8. [UAE] Amlak Finance PJSC
    7. [AU] GE Money, Wizard Home Loans
    6. [UK] Bradford and Bingley plc
    5. [DE] Hypo Real Estate Bank
    4. [UK] HBOS
    3. [UK] Future Mortgages - Citigroup
    2. [UK] Advantage - Morgan Stanley
    1. [UK] The Mortgage Business plc

    About The Implode-o-Meter

    ML-Implode.com was created in late 2006 to raise the alarm about the then-burgeoning implosion of the historically-epic housing and economic bubble. Started as a modest web page created by founder Aaron Krowne, this objective was achieved by, uniquely, tracking the in-progress implosion of independent mortgage lending companies — then being ignored by a mainstream media in denial of even the existence of the housing bubble. At that time, you were more likely to hear a partyline of "housing always goes up" and juvenile jeers of "bubbles are for bathtubs" from TV's talking heads, than of even slight concern about a clearly-overextended, already-frozen housing market.

    Operated as a broadly-open community forum, ML-Implode quickly took the lead in news about the mortgage implosion and subprime crisis, as industry professionals flocked to the site to share and find out the latest. The site even became, in part, a whistleblower platform, fighting (and winning) half a dozen lawsuits to defend the right of its contributors to post about corruption and malfeasance in financial companies, and be able to do so confidentially.

    Despite its initial incarnation being rendered insolvent by these frivolous legal attacks, ML-Implode continues today in a stripped-down, lean-and-mean embodiment, remaining dedicated to tracking the fallout of the 2007-2008 credit crisis. This mission includes keeping tabs on recession/depressionary conditions, the policy response to the economic downturn and continued financial instability, the Fed and other global central bank interventions (including "ZIRP" and quantitative easing), actions and reforms of the monetary authorities, market manipulation (official and private sector), all global geopolitical conflict with economic roots, the evolution of the banking and monetary system (including dollar-alternative "reserve currencies", gold, silver, and bitcoin and other "virtual currencies"), the effect of the economic turmoil on society, basic themes of economic fairness and justice, and much more.

    We continue to doggedly watch all of these interconnected topic areas, daily picking the most important stories and commentaries, and bringing them together in a convenient and comprehensible form on this site. If you share our concerns, utilize one of the icons at the top of this page to "follow" us by twitter, RSS, email, and more.

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    Non-Imploded List:

    So you think the market is all doom and gloom? Not us. There are actually lenders out there that are operating and focused on smart business fundamentals. Listed below are companies that wish to express that they are still operating in good health and soliciting business:

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