Mortgage Banker's Association
"Staying Off of the Implode-O-Meter": May 2008 National Secondary Market Conference & Expo presentation by Tim Crandall, Senior Vice President, US Bank Home Mortgage (see pages 12-14).

Financial Times - UK
Value to unlock: At this year's meeting of the Mortgage Bankers Association in Boston last week, attendance was down by half and speakers delivered presentations with titles such as "How to stay off the implode-o-meter" - a reference to a website that has chronicled the demise of 256 US mortgage lenders since late 2006... [also reprinted in the Business Spectator, AU]

Orange County Register
Citigroup closing Orange, Irvine offices and cutting 1,860 jobs nationwide: The job cuts were first reported by the Web site Implode-O-Meter, which tracks mortgage industry consolidation. It quotes an anonymous source as saying as many as 3,000 jobs could be impacted.

Minyanville
The Moral Hazard Club: Whether this low quality lending practice was the fault of the borrower or the lender (or most likely a combination thereof), there was considerable lack of prudence by the lenders. Many mortgage companies (251 at last count, according to www.ml-implode.com) have been forced out of business.

The Kansas City Star
Overland Park-based mortgage broker files for bankruptcy: A Web site called Mortgage Lender Implode-O-Meter reported that an e-mail First National Mortgage Sources sent in January to its branch managers attributed its woes to "deteriorating mortgage and credit market conditions" that had "adversely affected our operations."

San Diego Union-Tribune
Weathering the storm: At the time of the buyout, a Web site tracking the industry's nationwide collapse, called "The Mortgage Lender Implode-O-Meter," had counted more than 220 failures among major U.S. lenders.

Santa Cruz Sentinel
WaMu to close Santa Cruz home loan center: Washington Mutual's decision to exit wholesale lending made it No. 249 on the Mortgage Implode-O-Meter, a Web site that has been tracking the demise of mortgage lenders since late 2006.

Orange County Register
WaMu to cut 3,000 jobs nationwide, gets $7 billion infusion: The closing of its wholesale unit that deals with brokers, reported yesterday on the Implode-o-Meter and Housing Wire web sites, is yet another blow to mortgage brokers and possibly some consumers who are facing...

BusinessWeek
WaMu Ditches the Wholesale Mortgage Biz : ... may get a $5 billion cash infusion from private equity firm TPG as early as Apr. 8. That news, first reported in The Wall Street Journal, sent the stock up 29% on Apr. 7, to 13.15. The Mortgage Lender Implode-O-Meter, a Web site that traffics in industry gossip, reports that exiting the wholesale business was a condition attached to the TPG investment.

Asia Times
Your number's up: But part of the reason why the Fed is doing all of this crazy stuff may perhaps be found at the famous "Mortgage-Lender Implode-O-Meter" website, which reports that "Since late 2006, 241 major US lending operations have 'imploded'."

London Daily Telegraph
Spectre of Depression haunts Federal Reserve : Just to put things into some sort of perspective, it is estimated that around half of the banks that existed in America in 1929 had disappeared by 1933 - 2,300 in 1931 alone. By contrast, the delightfully-named Mortgage Lender Implode-O-Meter, which purports to keep track of each US mortgage provider that "implodes", says that some 241 such institutions have hit the wall since late 2006.

The Memphis Daily News
Local Banks Ramp Up Lending Services : Since late 2006, when the first signs of subprime fallout appeared, 241 mortgage companies have gone under, according to The Mortgage Lender Implode-O-Meter (ml-implode.com), a Web site run by Las Vegas-based Implode-Explode Heavy Industries Inc. (IEHI), which tracks the industry.

CNNMoney.com
Congress Gets It Wrong Attacking Wall Street CEOs: New Century Financial Corp. will not live to see the next one. Innovative Mortgage Capital is out of ideas and cash. The list goes on. More than 230 lenders or loan divisions at bigger companies have been shuttered since late 2006, according to the "Implode-O-Meter" at ml.implode.com ...

Orange County Register
Best places to work list includes O.C. companies: The list of best places to work in California includes two Orange County companies, according to Employers Group, a California human resource management association. Three other Orange County companies were honored... However, according to The Mortgage Lender, MortgageIT has closed most of its offices. ...

The Wall Street Journal
Implode-o-Franchise: The Mortgage Lender Implode-O-Meter has new clones. Two new Web sites, the Bank Implode-o-Meter and Builder Implode-o-Meter launched early last week. ...

Business Edge - Calgary, Alberta, Canada
SUB-PRIME MORTGAGE CRISIS BREATHTAKING: Its central feature is the Implode-O-Meter, which keeps count of the casualties among mortgage lenders. As we enter the month of February, ...

Seeking Alpha, NY, USA
Bond Insurers: The Monster in the Closet: For months the world's financial markets have been roiled by the subprime mortgage contagion. According [to] the implode-o-meter, 225 major U.S. lending operations have become insolvent, since the subprime crisis began. There has been a ...

Philadelphia Daily News - Philadelphia, PA, USA
SAFE AS HOUSES? NOT ANYMORE.: According to the Mortgage Lender Implode-o-meter (http://ml-implode.com), which tracks the financial casualties, 226 major lenders have gone bust since 2006 ...

O'Reilly Radar
Jim Cramer, unplugged [MoneyTech]: Feb 6, 2008: "...the eventual demise of sell-side research at the hands of Google, and the indispensibility of the websites Implode-o-Meter and Seeking Alpha."

Barron's
UP AND DOWN WALL STREET DAILY: Feb 5, 2008" At ml-implode.com, a Web site that tracks the bust that followed the housing bubble, the Mortgage Lending Implode-O-Meter reads 225, representing the number...

Santa Rosa Press Democrat
Catching those lenders behind mortgage fallout: The bureau certainly has its hands full. According to Mortgage Lender Implode-O-Meter, a Web site that chronicles developments in the mortgage crisis, 225 U.S. lenders have gone bye-bye since late 2006. Nabbing even a fraction of the mortgage captains -- those who ...

New York Times, United States
FAIR GAME LENDERS WHO SOLD AND LEFT: - Feb 3, 2008: According to Mortgage Lender Implode-O-Meter, a Web site that chronicles developments in the mortgage crisis, 225 United States lenders have gone bye-bye ...

International Herald Tribune
Lenders who cashed in and left, leaving losers behind: Investigators are looking for accounting fraud and possible insider trading at the companies, an FBI spokesman said. The bureau certainly has its hands full. According to Mortgage Lender Implode-O-Meter, a Web site that chronicles developments in the mortgage crisis, 225 U.S. lenders have gone bye-bye since late 2006.

Orange County Register, CA, USA
Mortgage Insider Blog Archive - Chevy Chase Bank closing OC ...: ...at Implode-O-Meter that Bethesda, MD-based Chevy Chase Bank is closing its wholesale operation, including the western region ...

Condé Nast Portfolio.com
F.B.I.'s Subprime Time: A website I adore called the Mortgage Lender Implode-O-Meter, says that 223 U.S. lending operations have "imploded" (gone out of business or suffered some major loss) since late 2006.

Seeking Alpha, NY USA
HOUSING MARKET TRACKER - DESPITE EFFORTS, SUBPRIME FALLOUT SPREADS: Feb 5, 2008: (Implode-O-Meter, Feb. 4th) Banks Reduce Bonuses Only Slightly. "The grim toll that the US mortgage crisis has taken on financial markets has been felt ..."

Seattle Times
Mortgage firm's demise stuns loan holder: So in these rocky financial times, that puts the responsibility on home-loan holders to follow the news. One Web site that can help is The Mortgage Lender at http://mi-implode.com.

Memphis Daily News, USA
YEAR OF THE TAILSPIN: Jan 14, 2008: Since late 2006, when the first signs of this trend appeared, 214 mortgage companies have gone under, according to The Mortgage Lender Implode-O-Meter ...

Smartmoney.com - USA
Countrywide Takes Beating Amid Mortgage Crunch: Look at New Century, or any of the 209 other companies that wound up on the inauspicious Mortgage Lender Implode-O-Meter, which has diligently chronicled ...

E-Commerce Times - USA
Lessons From 2007 E-Commerce Debacles: ...which saw more than 200 companies go out business in 2007, according to the Mortgage Lender Implode-o-Meter -- has impacted several online suppliers.

HULIQ - Hickory, NC, USA
The Year 2007 In Review: The Mortgage Meltdown: According to the "Implode-O-Meter", since late 2006, two hundred and ten major US lending operations have either closed their doors completely, ...

Orlando Business Journal - Orlando, FL, USA
Year in Review: Nearly 200 mortgage firms nationwide closed their doors between late 2006 and early December of this year, says The Mortgage Implode-O-Meter Web site. ...

HoweStreet.com - Vancouver, British Columbia, Canada
November Jobs On Bizarro World: Those numbers are not reflected in Implode-O-Meter stats or in the birth/death model revisions. All things considered, the Birth Death revisions continue to ...

ABC News - USA
Jackson's Neverland May Hit Auction Block: The Mortgage Lender Implode-O-Meter, a foreclosure tracking Web site, discovered the property listed on a Notice of Default report for Santa Barbara County. ...

United Press International - USA
Report: Jackson's Neverland in foreclosure: 12 (UPI) -- Legal documents obtained by the Mortgage Lender Implode-o-Meter Web site show Michael Jackson's Neverland Ranch in California is in foreclosure. ...

New York Post
NEVERLAND NEVERMORE: JACKO IN FORECLOSURE: The Mortgage Lender Implode-O-Meter Web site reported yesterday that Jackson's 2,700-acre property appeared in the Nov. 5, 2007, Foreclosure Detail Report for Santa Barbara County.

The Niche Report
SPOTLIGHT ON ML-IMPLODE.COM (pdf): The Niche Report recently sat down with Aaron Krowne, the owner of ML-Implode.com. ML-Implode.com is a website that chronicles the "implosion" of mortgage lenders from the much publicized downturn in the market, and as of this printing, ...

Crikey (subscription) - Templestowe, Australia
ETrade teeters as subprime doom and gloom spreads: And here's two handy websites: The Mortgage Lender Implode-o-meter and the Hedge Fund Implode-o-meter. ML-implode discloses that 182 businesses, companies, ...

Edmonton Sun - Alberta, Canada
In case you were on Mars the past week...: Mortgage website "Implode-O-Meter" reports Jackson's property is listed on the Nov. 5, 2007 Foreclosure Detail Report for Santa Barbara County. ...

Wall Street Examiner Radio
WallStRadio - Lee Adler: ... and Aaron Krowne of the Mortgage Lender Implode-o-meter discuss the true reality of the markets and the madness behind the financial infomercial media ...

E! Online - USA
Michael's Neverland Evermore: The document, ferreted out by the Web's Mortgage Lender Implode-O-Meter, followed a FoxNews.com report that said Jackson had 90 days to make good on the ...

TopNews - Noida, Uttar Pradesh, India
Michael Jackson set to lose Neverland?: The Implode-O-meter has reportedly obtained the foreclosure and Notice of Default report for Santa Barbara County, which enlists Jackson's estate. ...

New York Post - New York, NY, USA
NEVERLAND NEVERMORE: JACKO IN FORECLOSURE: The Mortgage Lender Implode-O-Meter Web site reported yesterday that Jackson's 2700-acre property appeared in the Nov. 5, 2007, Foreclosure Detail Report ...

Economist - UK
Mortgage lenders Bricks and slaughter: The "implode-o-meter", a sardonic website tracking the damage done by America's housing slump, puts the number of lenders to have hit serious trouble since ...

Sydney Morning Herald - Sydney, New South Wales, Australia
Neverland in foreclosure report: Another website called The Implode-o-meter, which specialises in documenting US mortgage crisis, also carries reports and documents relating to the ...

E! Online - USA
Time to Grow Up, Peter Pan: Implode-o-Meter claims Michael Jackson's Neverland Ranch has gone into foreclosure, as per a Notice of Default report for Santa Barbara County. ...

Rolling Stone - USA
Michael Jackson Closer to Losing Neverland, Britney Spears Ordered ...: Jackson was given ninety days starting October 22nd to repay the loan, but mortgage Web site the Implode-O-Meter reports Jackson's property is listed on the ...

Entertainment Weekly - USA
Cyrus Gets CMT Reality Show: (Hollywood Reporter) Implode-o-meter: Michael Jackson's Neverland Ranch has appeared in the Nov. 5 Foreclosure Detail Report for Santa Barbara county, ...

Luxist - Santa Monica, CA, USA
Neverland Ranch Is In Foreclosure: The Implode-O-Meter has the November 5th, 2007 Foreclosure Detail Report for Santa Barbara county which shows that as of Ocotber 12, the King of Pop owes ...

TMZ.COM
Neverland in Foreclosure?: Rumors have been rampant for months that Michael Jackson's Neverland estate was about to be foreclosed upon, but now comes the first concrete evidence that Jacko's home is about to go back to the bank. Who's bad? The Implode-O-meter has obtained the foreclosure and Notice of Default report for ...

HoweStreet.com - Vancouver, British Columbia, Canada
Jobs Report From Alternate Universe: ...and over 170 lenders have gone out of business or stopped writing loans since last December as per the Mortgage Lender Implode-O-Meter. ...

Minyanville.com - New York, USA
Mortgage Lending Scorecard: The Mortgage Lender Implode-O-Meter is noting an Urgent Policy Notification from Citigroup: Effective October 31st 2007, Citi Home Equity will discontinue ...

The Dallas Morning News
Web site tracks mortgage lenders' 'deaths': Want a front-row seat to the nation's unraveling mortgage business? Many are finding it just a few keystrokes away at ml-implode.com, where the Mortgage Lender Implode-O-Meter carefully tracks the death of each mortgage lender. So far, the site's up to 128 lenders that have gone to the big escrow office in the sky.

The Motley Fool
Housing Collapse Squishes Bear: This just in: The housing bubble wasn't just making mad funny money for the likes of Pulte Homes (NYSE: PHM), Toll Brothers (NYSE: TOL), or lenders such as Countrywide Financial (NYSE: CFC) and the 81 unsuccessful lenders listed on the mortgage "Implode-O-Meter."

MarketBeat Blog - The Wall Street Journal
The Man Behind the Implode-o-Meter: I read this site everyday before CNN News. ... We joke that we have to check the implode-o-meter before starting work for the day..and we do! ...

Salon.com
The Mortgage Lender Implode-O-Meter: The Implode-O-Meter appears to be mainly an exercise in subprime woe schadenfreude by a digital librarian named Aaron Crowne. Crowne is taking pleasure in painstakingly documenting each new instance of pain for the mortgage lending industry (his current total number of imploded lenders...

MACLEANS.ca
Imploding lenders and toxic loans: Analysts fear a flood of mortgage defaults - The Mortgage Lender Implode-O-Meter website, www.ml-implode.com, isn't quite as funny as it sounds. It has no wacky YouTube-like videos, but 1.2 million viewers have checked it out since Dec. 31 anyway...

BusinessWeek
A Sinking Sensation for Subprime Loans: Another subprime lender, ResMAE, filed for bankruptcy on Feb. 13, bringing the total failures to 21 since December, according to www.ml-implode.com, reports Action Economics.