Current news for this company:
Lender's Direct Capital Corporation (wholesale division) - Non-conforming lender; retail operation remains solely as broker
The notice at the web site is the link above. For posterity, here is the explanation:
So trouble converged on Lender's Direct from both ends.
Supposedly they funded in excess of $200mln/mo at the peak. Here is a chunk of their mission statement, from the old "about" page (accessible through Google's cache):
Found by Bakersfield Bubble.
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.
Important: This company is on our list of lending operations that have "imploded". However, please note that "imploded" is a 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 "firesale" acquisition. All information here is provisional, and may contain inaccuracies (especially newer information). If you are planning on doing business with this company or any other one listed on this site, you should inquire with them directly on whether they can still meet your needs. Many are still operating in some capacity.