The Mortgage Lender Implode-O-Meter: Tracking the Housing Finance Breakdown
Loading ...The Mortgage Lender Implode-O-Meter - tracking the housing finance breakdown, related to Alt-A and subprime mortgages, lending fraud, predatory lending, housing bubble, mortgage banking, foreclosures, debt, consolidation, lawyers, class-action lawsuits.
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The mission of ml-implode.com is transparency, education, and accountability. We focus on the housing finance sector, which we believe has become the focal point of extreme distortions in the US economy. These distortions have now obviously (within a year of our founding) transitioned to outright collapse. To use a metaphor that deposed Citigroup CEO Chuck Prince might appreciate, “the music has stopped”.
We seek the root causes of this distortion and resulting turmoil (who and what policies were responsible); we seek to document the ripple effects and study broader economic and societal implications; and we seek to determine how to heal the housing sector, the economy, and the country. We also seek to provide a historical record, preserving indefinitely our lists, discussions, and linked articles, so that it might be impossible and inexcusable to forget the debacle that is now unfolding.”
**Source: The Mortgage Lender Implode-O-Meter About Page**
Recently...
- Former HUD Secretary Cisneros Calls for New Stimulus Package With Strong Housing Measures Thu, 28 Aug 2008 01:16:38
- Pasquinelli Homes: Ailing Coverage Initiated Thu, 28 Aug 2008 00:23:26
- The FHA Whistleblower: FHA Raises and Lowers Mortgage Insurance Premiums with RBP Moratorium Wed, 27 Aug 2008 22:05:20
- BREAKING NEWS: Fannie Mae Shares Halted; New CFO & CRO To Be Announced Wed, 27 Aug 2008 20:41:31
- Graphs - Not Laughs - From the FDIC Report Wed, 27 Aug 2008 19:34:12
- Update: BankUnited “May Be Unable To Survive” Wed, 27 Aug 2008 18:58:42
- Fannie Rises as Merrill Calls Bailout Talk Premature Wed, 27 Aug 2008 18:55:47
- FDIC May Have To Borrow From Treasury Wed, 27 Aug 2008 18:13:31
- Stifel cuts BankUnited to sell on capital concerns Wed, 27 Aug 2008 16:50:47
- Fed’s Lockhart Says House Prices May Fall Another 15% Wed, 27 Aug 2008 16:33:43
[...] The Mortgage Lender Implode-O-Meter: Tracking the Housing Finance Breakdown [...]
[...] full year guidance. This reminds us that there’s always a bull market somewhere, even in implosions like the U.S. housing market. This time it’s in the apartment owner space in certain [...]