Mortgage Industry

MORTGAGE INDUSTRY
The mortgage industry has been very, very tough recently and it doesn't seem to be getting any better. 275, that is the number of lenders that have closed. Imagine how many people have lost their jobs. Its a tough market out there.

CLOSED LENDERS
Accredited Home Lenders, Lone Star Funds, Western Residential Mortgage, Liberty Home Lending, Equipoint Financial Network, Inc., Ideal Mortgage Bankers, Ltd., Silver State Bank, Irwin Union Bank & Trust Co., SunTrust Bank Equity, Wachovia Mortgage, FSB, Lehman Brothers SBF, IndyMac Bancorp, Mortgages Ltd., Wilmington Finance, Accredited Home Lenders, Home Funds Direct, Assured Lending Corp., Homewide Lending Corporation, Vanguard Mortgage & Title, Inc., Chase Home Equity - Wholesale, Chase Subprime - Wholesale, Evergreen Investment & Carnation Banc, Casa Blanca Mortgage/Shearson, Guaranty Bank, Citi Residential Lending, Montgomery Mortgage Capital Company E*Trade Wholesale Lending, Shearson Financial Network, Inc.,American Bank Mortgage Group, AmeriBanc Corp., Washington Mutual, Century Bank, F.S.B., Diversified Mortgage, Inc., National Wholesale Funding, Centennial Mortgage and Funding, Inc./Award Mortgage, Fidelity Home Mortgage Corp., LMI Funding, Inc., Millennium Mortgage, Origen Financial, Inc., CitiMortgage, Bear Stearns Residential Mortgage, East West Mortgage Co. of VA, New Vision Residential Lending, Washington Savings Bank, F.S.B., Macquarie Mortgages USA Inc., Global Mortgage, Inc., Unique Mortgage Solutions, First Franklin - Merrill Lynch, First National Mortgage Sources, Resource Mortgage, KH Financial, Lydian Mortgage, OMG Wholesale Lending, Saxon Mortgage, Beazer Mortgage Corp., E-Loan (Wholesale), Allpointe Mortgage, Popular Warehouse Lending, Allied Lending Corp., BF Saul Wholesale Lending, Community Resource Mortgage, Lehman/Aurora Loan Services, Residential Mortgage Capital, Maverick Residential Mortgage, Countrywide Financial Corp., First NLC Financial Services, First American Bank, Soma Financial, National City Corp., Heartland Wholesale Funding, Homefront Mortgage Inc., PNC Bank H.E., Family First Mortgage Corp., First Fidelity Financial, BSM Financial, 1st Choice Mortgage, Wescom Credit Union, Coast Financial Holdings/Coast Bank, WaMu , First Madison Mortgage, Southern Star Mortgage, TransLand Financial, Secured Bankers Mortgage Company , ComUnity Lending, Delta Financial Corp, BayRock Mortgage, Empire Bancorp, Option One - H&R Block, Citigroup - FCS Warehouse, Charter One , Wells Fargo - Home Equity, Paul Financial, LLC, Webster Bank , Fieldstone Mortgage Company, Tribeca Lending Corp. , WAMU Comm. Correspondent, Marlin Mortgage Company, Countrywide Specialty Lending, UBS Home Finance, MortgageIT-DB (Retail), Edgewater Lending Group, ResMAE Mortgage Corp., Citimortgage Correspondent (2nds), AMC Lending, Liberty American Mortgage, Exchange Financial (Wholesale), FirstBank Mortgage, Bank of America (Wholesale), Diablo Funding Group Inc., Honor State Bank, Spectrum Financial Group, Priority Funding Mortgage Bankers, BrooksAmerica Mortgage Corp., Valley Vista Mortgage, New State Mortgage Company, Summit Mortgage Company, WMC, Paragon Home Lending, First Mariner Wholesale, The Lending Connection, Foxtons, Inc., SCME Mortage Bankers, Aapex Mortgage , Wells Fargo (various Correspondent and Non-prime divisions), Nationstar Mortgage, Decision One (HSBC), Long Beach (WaMu Warehouse/Correspondent), Expanded Mortgage Credit Wholesale, The Mortgage Store Financial, C & G Financial, CFIC Home Mortgage, All Fund Mortgage, LownHome Financial, Sea Breeze Financial Services, Castle Point Mortgage, Premium Funding Corp, Group One Lending, Allstate Home Loans / Allstate Funding, Home Loan Specialists , Transnational Finance Wholesale, CIT Home Lending, Capital Six Funding, Mortgage Investors Group (MIG), Amstar Mortgage Corp, Quality Home Loans, BNC Mortgage (Lehman), First National Bank of Arizona, Chevy Chase Bank Correspondent, GreenPoint Mortgage - Capital One Wholesale, NovaStar, Homeview Lending, Quick Loan Funding, Calusa Investments, Mercantile Mortgage, First Magnus, First Indiana Wholesale, GEM Loans / Pacific American Mortgage (PAMCO), Kirkwood Financial Corporation, Lexington Lending, Express Capital Lending, Deutsche Bank Correspondent Lending Group (CLG), MLSG, Trump Mortgage, HomeBanc Mortgage Corporation, Mylor Financial, Aegis, Alternative Financing Corp (AFC) Wholesale, Winstar Mortgage, American Home Mortgage / American Brokers Conduit, Optima Funding, Equity Funding Group, Sunset Mortgage, Nations Home Lending, Entrust Mortgage, Alera Financial , Flick Mortgage/Mortgage Simple, Dollar Mortgage Corporation, Alliance Bancorp, Choice Capital Funding, Premier Mortgage Funding, Stone Creek Funding, FlexPoint Funding , Starpointe Mortgage, Unlimited Loan Resources (ULR), Freestand Financial, Steward Financial, Bridge Capital Corporation, Altivus Financial, ACT Mortgage, Alliance Mortgage Banking Corp (AMBC), Concord Mortgage Wholesale, Heartwell Mortgage, Oak Street Mortgage, The Mortgage Warehouse, First Street Financial, Right-Away Mortgage, Heritage Plaza Mortgage, Horizon Bank Wholesale Lending Group, Lancaster Mortgage Bank (LMB), Bryco (Wholesale), No Red Tape Mortgage, The Lending Group (TLG), Pro 30 Funding, Columbia Home Loans, LLC, Mortgage Tree Lending, Homeland Capital Group, Nation One Mortgage, Dana Capital Group, Millenium Funding Group, MILA, Home Equity of America, Opteum (Wholesale, Conduit), Innovative Mortgage Capital, Home Capital, Inc., Home 123 Mortgage, Homefield Financial, First Horizon Subprime, Equity Lending, Platinum Capital Group , First Source Funding Group (FSFG), Alterna Mortgage, Solutions Funding, LowerMyPayment.com, Zone Funding, First Consolidated , EquiFirst, SouthStar Funding, Warehouse USA, H&R Block Mortgage, Madison Equity Loans, HSBC Mortgage Services (correspondent div.), Sunset Direct Lending, Kellner Mortgage Investments, LoanCity, CoreStar Financial Group, Ameriquest, ACC Wholesale, Investaid Corp., People's Choice Financial Corp., Master Financial, Maribella Mortgage, FMF Capital LLC, New Century Financial Corp., Wachovia Mortgage (Correspondent div.), Ameritrust Mortgage Company (Subprime Wholesale), Trojan Lending (Wholesale), Fremont General Corporation, DomesticBank (Wholesale Lending Division), Ivanhoe Mortgage/Central Pacific Mortgage, Eagle First Mortgage, Coastal Capital, Silver State Mortgage, ECC Capital/Encore Credit, Lender's Direct Capital Corporation (wholesale division), Concorde Acceptance, DeepGreen Financial, American Freedom Mortgage, Inc., Millenium Bankshares (Mortgage Subsidiaries), Summit Mortgage, Mandalay Mortgage, Rose Mortgage, EquiBanc, FundingAmerica, Popular Financial Holdings, Clear Choice Financial/Bay Capital, Origen Wholesale Lending, SecuredFunding, Preferred Advantage, MLN, Sovereign Bancorp (Wholesale Ops), Harbourton Mortgage Investment Corporation, OwnIt Mortgage, Sebring Capital Partners, Axis Mortgage & Investments, Meritage Mortgage, Acoustic Home Loans, Merit Financial

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Until next time.