tag:blogger.com,1999:blog-63800006115824747752024-09-11T22:31:30.945-04:00Discussion on creative real estate buying and selling techniques. Hot properties announcements.FDhttp://www.blogger.com/profile/16944644594841954445noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-6380000611582474775.post-26835109844745394132008-08-12T16:53:00.003-04:002008-08-12T17:01:10.832-04:00<h3><a href="http://ml-implode.com/imploded/lender_LibertyHomeLending-Wholesale_2008-08-06.html"></a><br /></h3>273. <a href="http://ml-implode.com/imploded/lender_LibertyHomeLending-Wholesale_2008-08-06.html">Liberty Home Lending - Wholesale</a><br />272. <a href="http://ml-implode.com/imploded/lender_EquipointFinancialNetwork,Inc._2008-08-05.html">Equipoint Financial Network, Inc.</a><br />271. <a href="http://ml-implode.com/imploded/lender_IdealMortgageBankers,Ltd.-Wholesale_2008-07-29.html">Ideal Mortgage Bankers, Ltd. - Wholesale</a><br />270. <a href="http://ml-implode.com/imploded/lender_SilverStateBank-Wholesale_2008-07-01.html">Silver State Bank - Wholesale</a><br />269. <a href="http://ml-implode.com/imploded/lender_IrwinUnionBank&amp;TrustCo.-Wholesale_2008-07-25.html">Irwin Union Bank &amp; Trust Co. - Wholesale</a><br />268. <a href="http://ml-implode.com/imploded/lender_SunTrustBankEquityWholesale_2008-07-24.html">SunTrust Bank Equity Wholesale</a><br />267. <a href="http://ml-implode.com/imploded/lender_WachoviaMortgage,FSB-Wholesale_2008-07-21.html">Wachovia Mortgage, FSB - Wholesale</a><br />266. <a href="http://ml-implode.com/imploded/lender_LehmanBrothersSBF_2008-07-07.html">Lehman Brothers SBF</a><br />265. <a href="http://ml-implode.com/imploded/lender_IndyMacBancorp_2008-07-07.html">IndyMac Bancorp</a><br />264. <a href="http://ml-implode.com/imploded/lender_MortgagesLtd._2008-06-25.html">Mortgages Ltd.</a><br />263. <a href="http://ml-implode.com/imploded/lender_WilmingtonFinance-Wholesale_2008-06-17.html">Wilmington Finance - Wholesale</a><br />262. <a href="http://ml-implode.com/imploded/lender_AccreditedHomeLenders,HomeFundsDirect_2008-06-04.html">Accredited Home Lenders, Home Funds Direct</a><br />261. <a href="http://ml-implode.com/imploded/lender_AssuredLendingCorp.-Wholesale_2008-05-28.html">Assured Lending Corp. - Wholesale</a><br />260. <a href="http://ml-implode.com/imploded/lender_HomewideLendingCorporation_2008-03-11.html">Homewide Lending Corporation</a><br />259. <a href="http://ml-implode.com/imploded/lender_VanguardMortgage&amp;Title,Inc._2008-05-22.html">Vanguard Mortgage &amp; Title, Inc.</a><br />258. <a href="http://ml-implode.com/imploded/lender_ChaseHomeEquity-Wholesale_2008-05-15.html">Chase Home Equity - Wholesale</a><br />257. <a href="http://ml-implode.com/imploded/lender_ChaseSubprime-Wholesale_2008-05-15.html">Chase Subprime - Wholesale</a><br />256. <a href="http://ml-implode.com/imploded/lender_EvergreenInvestment&amp;CarnationBanc_2008-05-09.html">Evergreen Investment &amp; Carnation Banc</a><br />255. <a href="http://ml-implode.com/imploded/lender_CasaBlancaMortgageShearson-Wholesale_2008-05-07.html">Casa Blanca Mortgage/Shearson - Wholesale</a><br />254. <a href="http://ml-implode.com/imploded/lender_GuarantyBank-Correspondent_2008-05-01.html">Guaranty Bank - Correspondent</a><br />253. <a href="http://ml-implode.com/imploded/lender_CitiResidentialLending_2008-04-25.html">Citi Residential Lending</a><br />252. <a href="http://ml-implode.com/imploded/lender_MontgomeryMortgageCapitalCompany_2008-04-24.html">Montgomery Mortgage Capital Company</a><br />251. <a href="http://ml-implode.com/imploded/lender_E*TradeWholesaleLending_2008-04-22.html">E*Trade Wholesale Lending</a><br />250. <a href="http://ml-implode.com/imploded/lender_ShearsonFinancialNetwork,Inc._2008-04-21.html">Shearson Financial Network, Inc.</a><br />249. <a href="http://ml-implode.com/imploded/lender_AmericanBankMortgageGroup-Wholesale_2008-04-11.html">American Bank Mortgage Group - Wholesale</a><br />248. <a href="http://ml-implode.com/imploded/lender_AmeriBancCorp._2008-04-10.html">AmeriBanc Corp.</a><br />247. <a href="http://ml-implode.com/imploded/lender_WashingtonMutual-Wholesale_2008-04-07.html">Washington Mutual - Wholesale</a><br />246. <a href="http://ml-implode.com/imploded/lender_CenturyBank,F.S.B.-Wholesale_2008-04-02.html">Century Bank, F.S.B. - Wholesale</a><br />245. <a href="http://ml-implode.com/imploded/lender_DiversifiedMortgage,Inc._2008-04-03.html">Diversified Mortgage, Inc.</a><br />244. <a href="http://ml-implode.com/imploded/lender_NationalWholesaleFunding_2008-03-31.html">National Wholesale Funding</a><br />243. <a href="http://ml-implode.com/imploded/lender_CentennialMortgageandFunding,Inc.AwardMortgage_2008-03-31.html">Centennial Mortgage and Funding, Inc./Award Mortgage</a><br />242. <a href="http://ml-implode.com/imploded/lender_FidelityHomeMortgageCorp.-Wholesale_2008-03-28.html">Fidelity Home Mortgage Corp. - Wholesale</a><br />241. <a href="http://ml-implode.com/imploded/lender_LMIFunding,Inc._2008-03-27.html">LMI Funding, Inc.</a><br />240. <a href="http://ml-implode.com/imploded/lender_MillenniumMortgage-Wholesale_2008-03-25.html">Millennium Mortgage - Wholesale</a><br />239. <a href="http://ml-implode.com/imploded/lender_OrigenFinancial,Inc.%28Correspondent%29_2008-03-13.html">Origen Financial, Inc. (Correspondent) </a><br />238. <a href="http://ml-implode.com/imploded/lender_CitiMortgage-HomeEquityWholesale_2008-03-17.html">CitiMortgage - Home Equity Wholesale</a><br />237. <a href="http://ml-implode.com/imploded/lender_BearStearnsResidentialMortgage_2008-03-16.html">Bear Stearns Residential Mortgage</a><br />236. <a href="http://ml-implode.com/imploded/lender_EastWestMortgageCo.ofVA_2008-03-14.html">East West Mortgage Co. of VA</a><br />235. <a href="http://ml-implode.com/imploded/lender_NewVisionResidentialLending_2008-03-12.html">New Vision Residential Lending</a><br />234. <a href="http://ml-implode.com/imploded/lender_WashingtonSavingsBank,F.S.B.-Wholesale_2008-03-10.html">Washington Savings Bank, F.S.B. - Wholesale</a><br />233. <a href="http://ml-implode.com/imploded/lender_MacquarieMortgagesUSAInc._2008-03-10.html">Macquarie Mortgages USA Inc.</a><br />232. <a href="http://ml-implode.com/imploded/lender_GlobalMortgage,Inc._2008-03-06.html">Global Mortgage, Inc.</a><br />231. <a href="http://ml-implode.com/imploded/lender_UniqueMortgageSolutions%28UMS,LLC%29_2008-02-29.html">Unique Mortgage Solutions (UMS, LLC)</a><br />230. <a href="http://ml-implode.com/imploded/lender_FirstFranklin-MerrillLynch_2008-02-28.html">First Franklin - Merrill Lynch</a><br />229. <a href="http://ml-implode.com/imploded/lender_FirstNationalMortgageSources_2008-02-25.html">First National Mortgage Sources</a><br />228. <a href="http://ml-implode.com/imploded/lender_ResourceMortgage%28Wholesale%29_2008-02-22.html">Resource Mortgage (Wholesale)</a><br />227. <a href="http://ml-implode.com/imploded/lender_KHFinancial_2008-02-21.html">KH Financial</a><br />226. <a href="http://ml-implode.com/imploded/lender_LydianMortgage_2008-02-21.html">Lydian Mortgage</a><br />225. <a href="http://ml-implode.com/imploded/lender_OMGWholesaleLending_2008-02-20.html">OMG Wholesale Lending</a><br />224. <a href="http://ml-implode.com/imploded/lender_SaxonMortgage%28Wholesale%29_2008-02-13.html">Saxon Mortgage (Wholesale)</a><br />223. <a href="http://ml-implode.com/imploded/lender_BeazerMortgageCorp._2008-02-01.html">Beazer Mortgage Corp.</a><br />222. <a href="http://ml-implode.com/imploded/lender_E-Loan%28Wholesale%29_2008-01-30.html">E-Loan (Wholesale)</a><br />221. <a href="http://ml-implode.com/imploded/lender_AllpointeMortgage%28BrokerProgram%29_2008-01-29.html">Allpointe Mortgage (Broker Program)</a><br />220. <a href="http://ml-implode.com/imploded/lender_PopularWarehouseLending_2008-01-28.html">Popular Warehouse Lending</a><br />219. <a href="http://ml-implode.com/imploded/lender_AlliedLendingCorp.%28Wholesale%29_2008-01-25.html">Allied Lending Corp. (Wholesale)</a><br />218. <a href="http://ml-implode.com/imploded/lender_BFSaulWholesaleLending_2008-01-25.html">BF Saul Wholesale Lending</a><br />217. <a href="http://ml-implode.com/imploded/lender_CommunityResourceMortgage_2008-01-18.html">Community Resource Mortgage</a><br />216. <a href="http://ml-implode.com/imploded/lender_LehmanAuroraLoanServices_2008-01-17.html">Lehman/Aurora Loan Services</a><br />215. <a href="http://ml-implode.com/imploded/lender_ResidentialMortgageCapital_2008-01-16.html">Residential Mortgage Capital </a><br />214. <a href="http://ml-implode.com/imploded/lender_MaverickResidentialMortgage_2008-01-15.html">Maverick Residential Mortgage</a><br />213. <a href="http://ml-implode.com/imploded/lender_CountrywideFinancialCorp._2008-01-11.html">Countrywide Financial Corp.</a><br />212. <a href="http://ml-implode.com/imploded/lender_FirstNLCFinancialServices_2008-01-11.html">First NLC Financial Services</a><br />211. <a href="http://ml-implode.com/imploded/lender_FirstAmericanBank%28Wholesale%29_2008-01-04.html">First American Bank (Wholesale)</a><br />210. <a href="http://ml-implode.com/imploded/lender_SomaFinancial_2008-01-03.html">Soma Financial</a><br />209. <a href="http://ml-implode.com/imploded/lender_NationalCityCorp.%28Wholesale%29_2007-12-31.html">National City Corp. (Wholesale)</a><br />208. <a href="http://ml-implode.com/imploded/lender_HeartlandWholesaleFunding_2007-12-26.html">Heartland Wholesale Funding</a><br />207. <a href="http://ml-implode.com/imploded/lender_HomefrontMortgageInc._2007-12-21.html">Homefront Mortgage Inc.</a><br />206. <a href="http://ml-implode.com/imploded/lender_PNCBankH.E._2007-12-21.html">PNC Bank H.E.</a><br />205. <a href="http://ml-implode.com/imploded/lender_FamilyFirstMortgageCorp._2007-12-20.html">Family First Mortgage Corp.</a><br />204. <a href="http://ml-implode.com/imploded/lender_FirstFidelityFinancial_2007-12-19.html">First Fidelity Financial</a><br />203. <a href="http://ml-implode.com/imploded/lender_BSMFinancial_2007-12-19.html">BSM Financial</a><br />202. <a href="http://ml-implode.com/imploded/lender_1stChoiceMortgage_2007-12-18.html">1st Choice Mortgage</a><br />201. <a href="http://ml-implode.com/imploded/lender_WescomCreditUnion_2007-12-12.html">Wescom Credit Union</a><br />200. <a href="http://ml-implode.com/imploded/lender_CoastFinancialHoldingsCoastBank_2007-12-12.html">Coast Financial Holdings/Coast Bank</a><br />199. <a href="http://ml-implode.com/imploded/lender_WaMu%28Subprime%29_2007-12-12.html">WaMu (Subprime)</a><br />198. <a href="http://ml-implode.com/imploded/lender_FirstMadisonMortgage_2007-12-11.html">First Madison Mortgage</a><br />197. <a href="http://ml-implode.com/imploded/lender_SouthernStarMortgage_2007-12-10.html">Southern Star Mortgage</a><br />196. <a href="http://ml-implode.com/imploded/lender_TransLandFinancial_2007-12-07.html">TransLand Financial</a><br />195. <a href="http://ml-implode.com/imploded/lender_SecuredBankersMortgageCompany%28SBMC%29_2007-12-7.html">Secured Bankers Mortgage Company (SBMC)</a><br />194. <a href="http://ml-implode.com/imploded/lender_ComUnityLending_2007-12-6.html">ComUnity Lending</a><br />193. <a href="http://ml-implode.com/imploded/lender_DeltaFinancialCorp_2007-12-6.html">Delta Financial Corp</a><br />192. <a href="http://ml-implode.com/imploded/lender_BayRockMortgage_2007-12-4.html">BayRock Mortgage</a><br />191. <a href="http://ml-implode.com/imploded/lender_EmpireBancorp_2007-12-4.html">Empire Bancorp</a><br />190. <a href="http://ml-implode.com/imploded/lender_OptionOne-H&amp;RBlock_2007-12-04.html">Option One - H&amp;R Block</a><br />189. <a href="http://ml-implode.com/imploded/lender_Citigroup-FCSWarehouse_2007-12-03.html">Citigroup - FCS Warehouse</a><br />188. <a href="http://ml-implode.com/imploded/lender_CharterOne%28Wholesale%29_2007-11-27.html">Charter One (Wholesale)</a><br />187. <a href="http://ml-implode.com/imploded/lender_WellsFargo-HomeEquity_2007-11-26.html">Wells Fargo - Home Equity</a><br />186. <a href="http://ml-implode.com/imploded/lender_PaulFinancial,LLC_2007-11-26.html">Paul Financial, LLC</a><br />185. <a href="http://ml-implode.com/imploded/lender_WebsterBank%28Wholesale%29_2007-11-20.html">Webster Bank (Wholesale)</a><br />184. <a href="http://ml-implode.com/imploded/lender_FieldstoneMortgageCompany_2007-11-19.html">Fieldstone Mortgage Company</a><br />183. <a href="http://ml-implode.com/imploded/lender_TribecaLendingCorp.%28Wholesale%29_2007-11-16.html">Tribeca Lending Corp. (Wholesale)</a><br />182. <a href="http://ml-implode.com/imploded/lender_WAMUComm.Correspondent_2007-11-16.html">WAMU Comm. Correspondent</a><br />181. <a href="http://ml-implode.com/imploded/lender_MarlinMortgageCompany_2007-11-15.html">Marlin Mortgage Company</a><br />180. <a href="http://ml-implode.com/imploded/lender_CountrywideSpecialtyLending_2007-11-14.html">Countrywide Specialty Lending</a><br />179. <a href="http://ml-implode.com/imploded/lender_UBSHomeFinance_2007-11-14.html">UBS Home Finance</a><br />178. <a href="http://ml-implode.com/imploded/lender_MortgageIT-DB%28Retail%29_2007-11-12.html">MortgageIT-DB (Retail)</a><br />177. <a href="http://ml-implode.com/imploded/lender_EdgewaterLendingGroup_2007-11-07.html">Edgewater Lending Group</a><br />176. <a href="http://ml-implode.com/imploded/lender_ResMAEMortgageCorp._2007-11-05%20.html">ResMAE Mortgage Corp.</a><br />175. <a href="http://ml-implode.com/imploded/lender_CitimortgageCorrespondent%282nds%29_2007-11-05%20.html">Citimortgage Correspondent (2nds)</a><br />174. <a href="http://ml-implode.com/imploded/lender_AMCLending_2007-11-05.html">AMC Lending</a><br />173. <a href="http://ml-implode.com/imploded/lender_LibertyAmericanMortgage_2007-11-1.html">Liberty American Mortgage</a><br />172. <a href="http://ml-implode.com/imploded/lender_ExchangeFinancial%28Wholesale%29_2007-10-31.html">Exchange Financial (Wholesale)</a><br />171. <a href="http://ml-implode.com/imploded/lender_FirstBankMortgage_2007-10-26.html">FirstBank Mortgage</a><br />170. <a href="http://ml-implode.com/imploded/lender_BankofAmerica%28Wholesale%29_2007-10-25.html">Bank of America (Wholesale)</a><br />169. <a href="http://ml-implode.com/imploded/lender_DiabloFundingGroupInc._2007-10-24.html"> Diablo Funding Group Inc.</a><br />168. <a href="http://ml-implode.com/imploded/lender_HonorStateBank_2007-10-23.html">Honor State Bank</a><br />167. <a href="http://ml-implode.com/imploded/lender_SpectrumFinancialGroup_2007-08-15.html">Spectrum Financial Group</a><br />166. <a href="http://ml-implode.com/imploded/lender_PriorityFundingMortgageBankers_2007-10-22.html">Priority Funding Mortgage Bankers</a><br />165. <a href="http://ml-implode.com/imploded/lender_BrooksAmericaMortgageCorp._2007-10-18.html">BrooksAmerica Mortgage Corp.</a><br />164. <a href="http://ml-implode.com/imploded/lender_ValleyVistaMortgage_2007-10-18.html">Valley Vista Mortgage</a><br />163. <a href="http://ml-implode.com/imploded/lender_NewStateMortgageCompany_2007-10-12.html">New State Mortgage Company</a><br />162. <a href="http://ml-implode.com/imploded/lender_SummitMortgageCompany_2007-10-12.html">Summit Mortgage Company</a><br />161. <a href="http://ml-implode.com/imploded/lender_WMC_2007-10-12.html">WMC</a><br />160. <a href="http://ml-implode.com/imploded/lender_ParagonHomeLending_2007-10-12.html">Paragon Home Lending</a><br />159. <a href="http://ml-implode.com/imploded/lender_FirstMarinerWholesale_2007-10-12.html">First Mariner Wholesale</a><br />158. <a href="http://ml-implode.com/imploded/lender_TheLendingConnection_2007-10-12.html">The Lending Connection</a><br />157. <a href="http://ml-implode.com/imploded/lender_Foxtons,Inc._2007-10-02.html">Foxtons, Inc.</a><br />156. <a href="http://ml-implode.com/imploded/lender_SCMEMortageBankers_2007-09-28.html">SCME Mortage Bankers</a><br />155. <a href="http://ml-implode.com/imploded/lender_AapexMortgage%28ApexFinancialGroup%29_2007-09-27.html">Aapex Mortgage (Apex Financial Group)</a><br />154. <a href="http://ml-implode.com/imploded/lender_WellsFargo%28variousCorrespondentandNon-primedivisions%29_2007-09-27.html">Wells Fargo (various Correspondent and Non-prime divisions)</a><br />153. <a href="http://ml-implode.com/imploded/lender_NationstarMortgage_2007-09-24.html">Nationstar Mortgage</a><br />152. <a href="http://ml-implode.com/imploded/lender_DecisionOne%28HSBC%29_2007-09-21.html">Decision One (HSBC)</a><br />151. <a href="http://ml-implode.com/imploded/lender_ImpacLendingGroup_2007-09-20.html">Impac Lending Group</a><br />150. <a href="http://ml-implode.com/imploded/lender_LongBeach%28WaMuWarehouseCorrespondent%29_2007-09-14.html">Long Beach (WaMu Warehouse/Correspondent)</a><br />149. <a href="http://ml-implode.com/imploded/lender_ExpandedMortgageCreditWholesale_2007-09-12.html">Expanded Mortgage Credit Wholesale</a><br />148. <a href="http://ml-implode.com/imploded/lender_TheMortgageStoreFinancial_2007-09-12.html">The Mortgage Store Financial</a><br />147. <a href="http://ml-implode.com/imploded/lender_C&amp;GFinancial_2007-09-11.html">C &amp; G Financial</a><br />146. <a href="http://ml-implode.com/imploded/lender_CFICHomeMortgage_2007-09-10.html">CFIC Home Mortgage</a><br />145. <a href="http://ml-implode.com/imploded/lender_AllFundMortgage_2007-09-07.html">All Fund Mortgage</a><br />144. <a href="http://ml-implode.com/imploded/lender_LownHomeFinancial_2007-09-05.html">LownHome Financial</a><br />143. <a href="http://ml-implode.com/imploded/lender_SeaBreezeFinancialServices_2007-08-31.html">Sea Breeze Financial Services</a><br />142. <a href="http://ml-implode.com/imploded/lender_CastlePointMortgage_2007-08-31.html">Castle Point Mortgage</a><br />141. <a href="http://ml-implode.com/imploded/lender_PremiumFundingCorp_2007-08-30.html">Premium Funding Corp</a><br />140. <a href="http://ml-implode.com/imploded/lender_GroupOneLending_2007-08-30.html">Group One Lending</a><br />139. <a href="http://ml-implode.com/imploded/lender_AllstateHomeLoansAllstateFunding_2007-08-28.html">Allstate Home Loans / Allstate Funding</a><br />138. <a href="http://ml-implode.com/imploded/lender_HomeLoanSpecialists%28HLS%29_2007-08-28.html">Home Loan Specialists (HLS)</a><br />137. <a href="http://ml-implode.com/imploded/lender_TransnationalFinanceWholesale_2007-08-28.html">Transnational Finance Wholesale</a><br />136. <a href="http://ml-implode.com/imploded/lender_CITHomeLending_2007-08-28.html">CIT Home Lending</a><br />135. <a href="http://ml-implode.com/imploded/lender_CapitalSixFunding_2007-08-23.html">Capital Six Funding</a><br />134. <a href="http://ml-implode.com/imploded/lender_MortgageInvestorsGroup%28MIG%29-Wholesale_2007-08-23.html">Mortgage Investors Group (MIG) - Wholesale</a><br />133. <a href="http://ml-implode.com/imploded/lender_AmstarMortgageCorp_2007-08-22.html">Amstar Mortgage Corp</a><br />132. <a href="http://ml-implode.com/imploded/lender_QualityHomeLoans_2007-08-22.html">Quality Home Loans</a><br />131. <a href="http://ml-implode.com/imploded/lender_BNCMortgage%28Lehman%29_2007-08-22.html">BNC Mortgage (Lehman)</a><br />130. <a href="http://ml-implode.com/imploded/lender_FirstNationalBankofArizona_2007-08-21.html">First National Bank of Arizona</a><br />129. <a class="backlender" href="http://ml-implode.com/imploded/lender_ChevyChaseBankCorrespondent_2007-08-20.html">Chevy Chase Bank Correspondent</a><br />128. <a href="http://ml-implode.com/imploded/lender_GreenPointMortgage-CapitalOneWholesale_2007-08-20.html">GreenPoint Mortgage - Capital One Wholesale</a><br />127. <a href="http://ml-implode.com/imploded/lender_NovaStar,HomeviewLending_2007-08-17.html">NovaStar, Homeview Lending</a><br />126. <a href="http://ml-implode.com/imploded/lender_QuickLoanFunding_2007-08-16.html">Quick Loan Funding</a><br />125. <a href="http://ml-implode.com/imploded/lender_CalusaInvestments_2007-08-16.html">Calusa Investments</a><br />124. <a href="http://ml-implode.com/imploded/lender_MercantileMortgage_2007-08-16.html">Mercantile Mortgage</a><br />123. <a href="http://ml-implode.com/imploded/lender_FirstMagnus_2007-08-16.html">First Magnus</a><br />122. <a href="http://ml-implode.com/imploded/lender_FirstIndianaWholesale_2007-08-15.html">First Indiana Wholesale</a><br />121. <a href="http://ml-implode.com/imploded/lender_GEMLoansPacificAmericanMortgage%28PAMCO%29_2007-08-15.html">GEM Loans / Pacific American Mortgage (PAMCO)</a><br />120. <a href="http://ml-implode.com/imploded/lender_KirkwoodFinancialCorporation_2007-08-13.html">Kirkwood Financial Corporation</a><br />119. <a href="http://ml-implode.com/imploded/lender_LexingtonLending_2007-08-13.html">Lexington Lending</a><br />118. <a href="http://ml-implode.com/imploded/lender_ExpressCapitalLending_2007-08-13.html">Express Capital Lending</a><br />117. <a href="http://ml-implode.com/imploded/lender_DeutscheBankCorrespondentLendingGroup%28CLG%29_2007-08-09.html">Deutsche Bank Correspondent Lending Group (CLG)</a><br />116. <a href="http://ml-implode.com/imploded/lender_MLSG_2007-08-08.html">MLSG</a><br />115. <a href="http://ml-implode.com/imploded/lender_TrumpMortgage_2007-08-08.html">Trump Mortgage</a><br />114. <a href="http://ml-implode.com/imploded/lender_HomeBancMortgageCorporation_2007-08-07.html">HomeBanc Mortgage Corporation</a><br />113. <a href="http://ml-implode.com/imploded/lender_MylorFinancial_2007-08-07.html">Mylor Financial</a><br />112. <a href="http://ml-implode.com/imploded/lender_Aegis_2007-08-06.html">Aegis</a><br />111. <a href="http://ml-implode.com/imploded/lender_AlternativeFinancingCorp%28AFC%29Wholesale_2007-08-06.html">Alternative Financing Corp (AFC) Wholesale</a><br />110. <a href="http://ml-implode.com/imploded/lender_WinstarMortgage_2007-08-02.html">Winstar Mortgage</a><br />109. <a href="http://ml-implode.com/imploded/lender_AmericanHomeMortgageAmericanBrokersConduit_2007-08-02.html">American Home Mortgage / American Brokers Conduit</a><br />108. <a href="http://ml-implode.com/imploded/lender_OptimaFunding_2007-08-01.html">Optima Funding</a><br />107. <a href="http://ml-implode.com/imploded/lender_EquityFundingGroup_2007-07-31.html">Equity Funding Group</a><br />106. <a href="http://ml-implode.com/imploded/lender_SunsetMortgage_2007-07-31.html">Sunset Mortgage</a><br />105. <a href="http://ml-implode.com/imploded/lender_NationsHomeLending_2007-07-28.html">Nations Home Lending</a><br />104. <a href="http://ml-implode.com/imploded/lender_EntrustMortgage_2007-07-25.html">Entrust Mortgage</a><br />103. <a href="http://ml-implode.com/imploded/lender_AleraFinancial%28Wholesale%29_2007-07-23.html">Alera Financial (Wholesale)</a><br />102. <a href="http://ml-implode.com/imploded/lender_FlickMortgageMortgageSimple_2007-07-20.html">Flick Mortgage/Mortgage Simple</a><br />101. <a href="http://ml-implode.com/imploded/lender_DollarMortgageCorporation_2007-7-13.html">Dollar Mortgage Corporation</a><br />100. <a href="http://ml-implode.com/imploded/lender_AllianceBancorp_2007-07-13.html">Alliance Bancorp</a><br />99. <a href="http://ml-implode.com/imploded/lender_ChoiceCapitalFunding_2007-07-12.html">Choice Capital Funding</a><br />98. <a href="http://ml-implode.com/imploded/lender_PremierMortgageFunding_2007-07-11.html">Premier Mortgage Funding</a><br />97. <a href="http://ml-implode.com/imploded/lender_StoneCreekFunding_2007-07-07.html">Stone Creek Funding</a><br />96. <a href="http://ml-implode.com/imploded/lender_FlexPointFunding%28Wholesale&amp;Retail%29_2007-07-07.html">FlexPoint Funding (Wholesale &amp; Retail)</a><br />95. <a href="http://ml-implode.com/imploded/lender_StarpointeMortgage_2007-07-06.html">Starpointe Mortgage</a><br />94. <a href="http://ml-implode.com/imploded/lender_UnlimitedLoanResources%28ULR%29_2007-07-02.html">Unlimited Loan Resources (ULR)</a><br />93. <a href="http://ml-implode.com/imploded/lender_FreestandFinancial_2007-07-02.html">Freestand Financial</a><br />92. <a href="http://ml-implode.com/imploded/lender_StewardFinancial_2007-06-29.html">Steward Financial</a><br />91. <a href="http://ml-implode.com/imploded/lender_BridgeCapitalCorporation_2007-06-27.html">Bridge Capital Corporation</a><br />90. <a href="http://ml-implode.com/imploded/lender_AltivusFinancial_2007-06-27.html">Altivus Financial</a><br />89. <a href="http://ml-implode.com/imploded/lender_ACTMortgage_2007-06-27.html">ACT Mortgage</a><br />88. <a href="http://ml-implode.com/imploded/lender_AllianceMortgageBankingCorp%28AMBC%29_2007-06-26.html">Alliance Mortgage Banking Corp (AMBC)</a><br />87. <a href="http://ml-implode.com/imploded/lender_ConcordMortgageWholesale_2007-06-26.html">Concord Mortgage Wholesale</a><br />86. <a href="http://ml-implode.com/imploded/lender_HeartwellMortgage_2007-06-26.html">Heartwell Mortgage</a><br />85. <a href="http://ml-implode.com/imploded/lender_OakStreetMortgage_2007-06-08.html">Oak Street Mortgage</a><br />84. <a href="http://ml-implode.com/imploded/lender_TheMortgageWarehouse_2007-06-18.html">The Mortgage Warehouse</a><br />83. <a href="http://ml-implode.com/imploded/lender_FirstStreetFinancial_2007-06-18.html">First Street Financial</a><br />82. <a href="http://ml-implode.com/imploded/lender_Right-AwayMortgage_2007-06-07.html">Right-Away Mortgage</a><br />81. <a href="http://ml-implode.com/imploded/lender_HeritagePlazaMortgage_2007-06-04.html">Heritage Plaza Mortgage</a><br />80. <a href="http://ml-implode.com/imploded/lender_HorizonBankWholesaleLendingGroup_2007-06-04.html">Horizon Bank Wholesale Lending Group</a><br />79. <a href="http://ml-implode.com/imploded/lender_LancasterMortgageBank%28LMB%29_2007-06-04.html">Lancaster Mortgage Bank (LMB)</a><br />78. <a href="http://ml-implode.com/imploded/lender_Bryco%28Wholesale%29_2007-06-01.html">Bryco (Wholesale)</a><br />77. <a href="http://ml-implode.com/imploded/lender_NoRedTapeMortgage_2007-06-01.html">No Red Tape Mortgage</a><br />76. <a href="http://ml-implode.com/imploded/lender_TheLendingGroup%28TLG%29_2007-05-25.html">The Lending Group (TLG)</a><br />75. <a href="http://ml-implode.com/imploded/lender_Pro30Funding_2007-05-25.html">Pro 30 Funding</a><br />74. <a href="http://ml-implode.com/imploded/lender_NetBankFunding,MarketStreetMortgage_2007-05-21.html">NetBank Funding, Market Street Mortgage</a><br />73. <a href="http://ml-implode.com/imploded/lender_ColumbiaHomeLoans,LLC_2007-05-17.html">Columbia Home Loans, LLC</a><br />72. <a href="http://ml-implode.com/imploded/lender_MortgageTreeLending_2007-05-16.html">Mortgage Tree Lending</a><br />71. <a href="http://ml-implode.com/imploded/lender_HomelandCapitalGroup_2007-05-03.html">Homeland Capital Group</a><br />70. <a href="http://ml-implode.com/imploded/lender_NationOneMortgage_2007-05-02.html">Nation One Mortgage</a><br />69. <a href="http://ml-implode.com/imploded/lender_DanaCapitalGroup_2007-04-30.html">Dana Capital Group</a><br />68. <a href="http://ml-implode.com/imploded/lender_MilleniumFundingGroup_2007-04-27.html">Millenium Funding Group</a><br />67. <a href="http://ml-implode.com/imploded/lender_MILA_2007-04-20.html">MILA</a><br />66. <a href="http://ml-implode.com/imploded/lender_HomeEquityofAmerica_2007-04-20.html">Home Equity of America</a><br />65. <a href="http://ml-implode.com/imploded/lender_Opteum%28Wholesale,Conduit%29_2007-04-19.html">Opteum (Wholesale, Conduit)</a><br />64. <a href="http://ml-implode.com/imploded/lender_InnovativeMortgageCapital_2007-04-19.html">Innovative Mortgage Capital</a><br />63. <a href="http://ml-implode.com/imploded/lender_HomeCapital,Inc._2007-04-16.html">Home Capital, Inc.</a><br />62. <a href="http://ml-implode.com/imploded/lender_Home123Mortgage_2007-04-13.html">Home 123 Mortgage</a><br />61. <a href="http://ml-implode.com/imploded/lender_HomefieldFinancial_2007-04-12.html">Homefield Financial</a><br />60. <a href="http://ml-implode.com/imploded/lender_FirstHorizonSubprime,EquityLending_2007-04-11.html">First Horizon Subprime, Equity Lending</a><br />59. <a href="http://ml-implode.com/imploded/lender_PlatinumCapitalGroup%28Wholesale%29_2007-04-11.html">Platinum Capital Group (Wholesale)</a><br />58. <a href="http://ml-implode.com/imploded/lender_FirstSourceFundingGroup%28FSFG%29_2007-04-09.html">First Source Funding Group (FSFG)</a><br />57. <a href="http://ml-implode.com/imploded/lender_AlternaMortgage_2007-04-10.html">Alterna Mortgage</a><br />56. <a href="http://ml-implode.com/imploded/lender_SolutionsFunding_2007-04-09.html">Solutions Funding</a><br />55. <a href="http://ml-implode.com/imploded/lender_People%27sMortgage_2007-04-05.html">People's Mortgage</a><br />54. <a href="http://ml-implode.com/imploded/lender_LowerMyPayment.com_2007-04-04.html">LowerMyPayment.com</a><br />53. <a href="http://ml-implode.com/imploded/lender_ZoneFunding_2007-04-04.html">Zone Funding</a><br />52. <a href="http://ml-implode.com/imploded/lender_FirstConsolidated%28SubprimeWholesale%29_2007-04-02.html">First Consolidated (Subprime Wholesale)</a><br />51. <a href="http://ml-implode.com/imploded/lender_EquiFirst_2007-04-02.html">EquiFirst</a><br />50. <a href="http://ml-implode.com/imploded/lender_SouthStarFunding_2007-04-02.html">SouthStar Funding</a><br />49. <a href="http://ml-implode.com/imploded/lender_WarehouseUSA_2007-03-30.html">Warehouse USA</a><br />48. <a href="http://ml-implode.com/imploded/lender_H&amp;RBlockMortgage_2007-03-29.html">H&amp;R Block Mortgage</a><br />47. <a href="http://ml-implode.com/imploded/lender_MadisonEquityLoans_2007-03-31.html">Madison Equity Loans</a><br />46. <a href="http://ml-implode.com/imploded/lender_HSBCMortgageServices%28correspondentdiv.%29_2007-03-22.html">HSBC Mortgage Services (correspondent div.)</a><br />45. <a href="http://ml-implode.com/imploded/lender_SunsetDirectLending_2007-03-22.html">Sunset Direct Lending</a><br />44. <a href="http://ml-implode.com/imploded/lender_KellnerMortgageInvestments_2007-03-22.html">Kellner Mortgage Investments</a><br />43. <a href="http://ml-implode.com/imploded/lender_LoanCity_2007-03-20.html">LoanCity</a><br />42. <a href="http://ml-implode.com/imploded/lender_CoreStarFinancialGroup_2007-03-17.html">CoreStar Financial Group</a><br />41. <a href="http://ml-implode.com/imploded/lender_Ameriquest,ACCWholesale_2007-03-16.html">Ameriquest, ACC Wholesale</a><br />40. <a href="http://ml-implode.com/imploded/lender_InvestaidCorp._2007-03-15.html">Investaid Corp.</a><br />39. <a href="http://ml-implode.com/imploded/lender_People%27sChoiceFinancialCorp._2007-03-14.html">People's Choice Financial Corp.</a><br />38. <a href="http://ml-implode.com/imploded/lender_MasterFinancial_2007-03-14.html">Master Financial</a><br />37. <a href="http://ml-implode.com/imploded/lender_MaribellaMortgage_2007-03-10.html">Maribella Mortgage</a><br />36. <a href="http://ml-implode.com/imploded/lender_FMFCapitalLLC_2007-03-09.html">FMF Capital LLC</a><br />35. <a href="http://ml-implode.com/imploded/lender_NewCenturyFinancialCorp._2007-03-08.html">New Century Financial Corp.</a><br />34. <a href="http://ml-implode.com/imploded/lender_WachoviaMortgage%28Correspondentdiv.%29_2007-03-06.html">Wachovia Mortgage (Correspondent div.)</a><br />33. <a href="http://ml-implode.com/imploded/lender_AmeritrustMortgageCompany%28SubprimeWholesale%29_2007-03-05.html">Ameritrust Mortgage Company (Subprime Wholesale)</a><br />32. <a href="http://ml-implode.com/imploded/lender_TrojanLending%28Wholesale%29_2007-03-05.html">Trojan Lending (Wholesale)</a><br />31. <a href="http://ml-implode.com/imploded/lender_FremontGeneralCorporation_2007-03-02.html">Fremont General Corporation</a><br />30. <a href="http://ml-implode.com/imploded/lender_DomesticBank%28WholesaleLendingDivision%29_2007-03-02.html">DomesticBank (Wholesale Lending Division)</a><br />29. <a href="http://ml-implode.com/imploded/lender_IvanhoeMortgageCentralPacificMortgage_2007-02-26.html">Ivanhoe Mortgage/Central Pacific Mortgage</a><br />28. <a href="http://ml-implode.com/imploded/lender_EagleFirstMortgage_2007-02-25.html">Eagle First Mortgage</a><br />27. <a href="http://ml-implode.com/imploded/lender_CoastalCapital_2007-02-16.html">Coastal Capital</a><br />26. <a href="http://ml-implode.com/imploded/lender_SilverStateMortgage_2007-02-14.html">Silver State Mortgage</a><br />25. <a href="http://ml-implode.com/imploded/lender_ECCCapitalEncoreCredit_2007-02-12.html">ECC Capital/Encore Credit</a><br />24. <a href="http://ml-implode.com/imploded/lender_Lender%27sDirectCapitalCorporation%28wholesaledivision%29_2007-02-08.html">Lender's Direct Capital Corporation (wholesale division)</a><br />23. <a href="http://ml-implode.com/imploded/lender_ConcordeAcceptance_2007-01-31.html">Concorde Acceptance</a><br />22. <a href="http://ml-implode.com/imploded/lender_DeepGreenFinancial_2007-01-31.html">DeepGreen Financial</a><br />21. <a href="http://ml-implode.com/imploded/lender_AmericanFreedomMortgage,Inc._2007-1-30.html">American Freedom Mortgage, Inc.</a><br />20. <a href="http://ml-implode.com/imploded/lender_MilleniumBankshares%28MortgageSubsidiaries%29_2007-01-25.html">Millenium Bankshares (Mortgage Subsidiaries)</a><br />19. <a href="http://ml-implode.com/imploded/lender_SummitMortgage_2007-01-25.html">Summit Mortgage</a><br />18. <a href="http://ml-implode.com/imploded/lender_MandalayMortgage_2007-01-24.html">Mandalay Mortgage</a><br />17. <a href="http://ml-implode.com/imploded/lender_RoseMortgage_2007-01-23.html">Rose Mortgage</a><br />16. <a href="http://ml-implode.com/imploded/lender_EquiBanc_2007-01-19.html">EquiBanc</a><br />15. <a href="http://ml-implode.com/imploded/lender_FundingAmerica_2007-01-19.html">FundingAmerica</a><br />14. <a href="http://ml-implode.com/imploded/lender_PopularFinancialHoldings_2007-01-09.html">Popular Financial Holdings</a><br />13. <a href="http://ml-implode.com/imploded/lender_ClearChoiceFinancialBayCapital_2007-01-08.html">Clear Choice Financial/Bay Capital</a><br />12. <a href="http://ml-implode.com/imploded/lender_OrigenWholesaleLending_2007-01-08.html">Origen Wholesale Lending</a><br />11. <a href="http://ml-implode.com/imploded/lender_SecuredFunding_2007-01-05.html">SecuredFunding</a><br />10. <a href="http://ml-implode.com/imploded/lender_PreferredAdvantage_2007-01-03.html">Preferred Advantage</a><br />9. <a href="http://ml-implode.com/imploded/lender_MLN_2006-12-29.html">MLN</a><br />8. <a href="http://ml-implode.com/imploded/lender_SovereignBancorp%28WholesaleOps%29_2006-12-15.html">Sovereign Bancorp (Wholesale Ops)</a><br />7. <a href="http://ml-implode.com/imploded/lender_HarbourtonMortgageInvestmentCorporation_2006-12-20.html">Harbourton Mortgage Investment Corporation</a><br />6. <a href="http://ml-implode.com/imploded/lender_OwnItMortgage_2006-12-07.html">OwnIt Mortgage</a><br />5. <a href="http://ml-implode.com/imploded/lender_SebringCapitalPartners_2006-12-06.html">Sebring Capital Partners</a><br />4. <a href="http://ml-implode.com/imploded/lender_AxisMortgage&amp;Investments_2006-11-21.html">Axis Mortgage &amp; Investments</a><br />3. <a href="http://ml-implode.com/imploded/lender_MeritageMortgage_2006-11-08%28?%29.html">Meritage Mortgage</a><br />2. <a href="http://ml-implode.com/imploded/lender_AcousticHomeLoans_2006-04-14.html">Acoustic Home Loans</a><br />1. <a href="http://ml-implode.com/imploded/lender_MeritFinancial_2006-05-06.html">Merit Financial</a>FDhttp://www.blogger.com/profile/16944644594841954445noreply@blogger.com0tag:blogger.com,1999:blog-6380000611582474775.post-1246112143022207092007-09-02T18:47:00.001-04:002008-08-12T16:52:04.136-04:00As I have previously mentioned, the lending industry is going through a really challenging time. According to the ml-implode.com since late 2006 145 major US lenders have "imploded"<br /><br />"Imploded" lenders: The "imploded" status is 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 a "firesale" acquisition. The Companies include all types (prime, subprime, or a mix of both; retail or wholesale; subsidiaries and entire companies). Note: Companies listed here may still be operating in some capacity; check with them before making assumptions.<br /><br />"Imploded" Lenders:<br />145. Castle Point Mortgage<br />144. Group One Lending<br />143. Allstate Home Loans / Allstate Funding<br />142. Home Loan Specialists (HLS)<br />141. Transnational Finance Wholesale<br />140. CIT Home Lending<br />139. Capital Six Funding<br />138. Mortgage Investors Group (MIG) - Wholesale<br />137. Amstar Mortgage Corp<br />136. Quality Home Loans<br />135. BNC Mortgage (Lehman)<br />134. Accredited Home Lenders<br />133. First National Bank of Arizona (FNBA) Wholesale, Correspondent<br />132. Chevy Chase Bank Correspondent<br />131. GreenPoint Mortgage - Capital One Wholesale<br />130. NovaStar (Wholesale), Homeview Lending<br />129. Quick Loan Funding<br />128. National City Home Equity<br />127. Calusa Investments<br />126. Mercantile Mortgage<br />125. First Magnus<br />124. First Indiana Wholesale<br />123. Pacific American Mortgage (PAMCO)<br />122. Spectrum Financial Group - Wholesale<br />121. Lexington Lending<br />120. Express Capital Lending<br />119. Deutsche Bank Correspondent Lending Group (CLG)<br />118. MLSG<br />117. Trump Mortgage<br />116. HomeBanc Mortgage Corporation<br />115. Mylor Financial<br />114. Aegis<br />113. Alternative Financing Corp (AFC) Wholesale<br />112. Winstar Mortgage<br />111. American Home Mortgage / American Brokers Conduit<br />110. Equity Funding Group<br />109. Sunset Mortgage<br />108. Fieldstone Mortgage Company<br />107. Nations Home Lending<br />106. Wells Fargo Alternative Lending Wholesale<br />105. Entrust Mortgage<br />104. Alera Financial (Wholesale)<br />103. Flick Mortgage/Mortgage Simple<br />102. Alliance Bancorp<br />101. Choice Capital Funding<br />100. Premier Mortgage Funding<br />99. Stone Creek Funding<br />98. FlexPoint Funding (Wholesale &amp; Retail)<br />97. Starpointe Mortgage<br />96. Unlimited Loan Resources (ULR)<br />95. Freestand Financial<br />94. Steward Financial<br />93. Wells Fargo (Correspondent)<br />92. Bridge Capital Corporation<br />91. Altivus Financial<br />90. ACT Mortgage<br />89. Alliance Mortgage Banking Corp (AMBC)<br />88. Concord Mortgage Wholesale<br />87. Heartwell Mortgage<br />86. Oak Street Mortgage<br />85. The Mortgage Warehouse<br />84. First Street Financial<br />83. Right-Away Mortgage<br />82. Heritage Plaza Mortgage<br />81. Horizon Bank Wholesale Lending Group<br />80. Lancaster Mortgage Bank (LMB)<br />79. Bryco (Wholesale)<br />78. No Red Tape Mortgage<br />77. The Lending Group (TLG)<br />76. Pro 30 Funding<br />75. NetBank Funding<br />74. Columbia Home Loans, LLC<br />73. Mortgage Tree Lending<br />72. Homeland Capital Group<br />71. Nation One Mortgage<br />70. Dana Capital Group<br />69. Millenium Funding Group<br />68. MILA<br />67. Home Equity of America<br />66. Opteum (Wholesale, Conduit)<br />65. Innovative Mortgage Capital<br />64. Home Capital, Inc.<br />63. Home 123 Mortgage<br />62. Homefield Financial<br />61. First Horizon (Subprime)<br />60. Platinum Capital Group<br />59. First Source Funding Group (FSFG)<br />58. Alterna Mortgage<br />57. Solutions Funding<br />56. People's Mortgage<br />55. LowerMyPayment.com<br />54. Zone Funding<br />53. First Consolidated (Subprime Wholesale)<br />52. EquiFirst<br />51. SouthStar Funding<br />50. Warehouse USA<br />49. H&amp;R Block Mortgage<br />48. Madison Equity Loans<br />47. HSBC Mortgage Services (correspondent div.)<br />46. Sunset Direct Lending<br />45. Kellner Mortgage Investments<br />44. LoanCity<br />43. CoreStar Financial Group<br />42. Ameriquest, ACC Wholesale<br />41. Investaid Corp.<br />40. People's Choice Financial Corp.<br />39. Master Financial<br />38. Maribella Mortgage<br />37. FMF Capital LLC<br />36. New Century Financial Corp.<br />35. Wachovia Mortgage (Correspondent div.)<br />34. Ameritrust Mortgage Company (Subprime Wholesale)<br />33. Trojan Lending (Wholesale)<br />32. Fremont General Corporation<br />31. DomesticBank (Wholesale Lending Division)<br />30. Franklin Financial (Wholesale Operations)<br />29. Ivanhoe Mortgage/Central Pacific Mortgage<br />28. Eagle First Mortgage<br />27. Coastal Capital<br />26. Silver State Mortgage<br />25. ResMAE Mortgage Corporation<br />24. ECC Capital/Encore Credit<br />23. Lender's Direct Capital Corporation (wholesale division)<br />22. Concorde Acceptance<br />21. DeepGreen Financial<br />20. Millenium Bankshares (Mortgage Subsidiaries)<br />19. Summit Mortgage<br />18. Mandalay Mortgage<br />17. Rose Mortgage<br />16. EquiBanc<br />15. FundingAmerica<br />14. Popular Financial Holdings<br />13. Clear Choice Financial/Bay Capital<br />12. Origen Wholesale Lending<br />11. SecuredFunding<br />10. Preferred Advantage<br />9. MLN<br />8. Sovereign Bancorp (Wholesale Ops)<br />7. Harbourton Mortgage Investment Corporation<br />6. OwnIt Mortgage<br />5. Sebring Capital Partners<br />4. Axis Mortgage &amp; Investments<br />3. Meritage Mortgage<br />2. Acoustic Home Loans<br />1. Merit Financial<br /><br /><br />Ailing lenders haven't shut down, but they're significantly scaling back or are (or recently have been) in manifest financial, legal, or operational distress. Unfortunately, most of the industry now falls under this description, so we are forced to reserve this list for the more glaring cases or those which we happen to have more specific info about.<br /><br />Ailing/Watch List Lenders:<br />13. Secured Bankers Mortgage Company (SBMC)<br />12. Impac Lending Group (Wholesale)<br />11. Mortgage Store Financial<br />10. Delta Financial Corp<br />9. Countrywide Financial<br />8. Meridias Capital<br />7. Option One<br />6. All Fund Mortgage<br />5. Ocwen Loan Servicing<br />4. Doral Financial Corp.<br />3. Evergreen Investment/Carnation Bank<br />2. Coast Financial Holdings, Inc.<br />1. Residential Capital, LLC*<br /><br /><br />Recently, residential market is experiencing a deficit of money. The lenders have been tighting up their guidelines in order to sell their loans on secondary market. Now, borrowers have to have higher credit score and/or bigger down payment in order to qualify for a mortgage.<br />This doesn't help the deflationary housing market. In this environment alternative money sources become more viable to the transaction. Molot, Inc. is an active participant in this market and if you are having problems with conventional financing on either buyer or seller side, do not hesitate consulting with us.FDhttp://www.blogger.com/profile/16944644594841954445noreply@blogger.com0tag:blogger.com,1999:blog-6380000611582474775.post-30859167966130286692007-07-26T19:47:00.000-04:002007-07-26T22:03:04.694-04:00<p class="MsoNormal">Are you in the market to purchase home<b>? </b><span style=""> </span>Bad credit can cause some troubling headaches throughout the entire lending process.<span style=""> </span>Lease purchase is a great solution in your situation, especially, if you don't have significant savings.<span style=""> </span>This technique will let you get into the property right away with reasonable contribution.<span style=""> </span>An experienced investor should be able to structure the deal so that you can buy out the property you are leasing in 6-24 month. </p> <span style="">This is what we do for our buyers who are on Lease Purchase program. First of all, an action plan is created for them. There are several points that have to be considered: those are credit, income and asset information.<br />Usually income is most important matter that we look at. We never put a buyer into the property if he or she cannot afford a monthly payment.<br />Derogatory items on the credit are often overlooked as long as buyer has a reasonable explanation like health problems, prior loss of job, divorce etc.<br />Savings is another important qualifying factor. If there is not enough money saved up by the candidate then we will structure a deal in a way where buyer will have enough to purchase the property by the end of the lease term. It can be done in several ways, such as sweat equity, credit back from each monthly payment and seller’s contributions towards purchase.<br />Before buyers get into the property, they know exactly what has to be done in order for them to purchase it by the end of the term. Everything is negotiated and locked upfront into contract: purchase price, monthly payment, credits, seller contributions, time frame and deposits.<br /><br />Most our properties are available for Lease Purchase program please visit http://www.molotinc.com/Inventory/Inventory.html to see if you are interested in any of our properties.<span style=""> </span>Keep in mind that the terms are negotiable.</span><span style=""></span>FDhttp://www.blogger.com/profile/16944644594841954445noreply@blogger.com0tag:blogger.com,1999:blog-6380000611582474775.post-33362841489061137352007-07-24T19:44:00.000-04:002007-07-31T08:32:27.290-04:00<p class="MsoNormal" style="line-height: 14.25pt;">An alternative form of financing is owner financing aka seller financing. This means the owner participates in financing the buyer’s purchase of the property, either in whole or in part. There are several reasons an owner would provide financing: </p> <p class="MsoNormal" style="line-height: 14.25pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></p> <p class="MsoNormal" style="margin-left: 39pt; text-indent: -0.25in; line-height: 14.25pt;"><!--[if !supportLists]--><span style="font-family:Symbol;">·<span style=""> </span></span><!--[endif]-->To assist buyers to purchase the home, particularly when real estate market is down </p> <p class="MsoNormal" style="margin-left: 39pt; text-indent: -0.25in; line-height: 14.25pt;"><!--[if !supportLists]--><span style="font-family:Symbol;">·<span style=""> </span></span><!--[endif]-->To collect the interest — rather than commercial lenders being the beneficiary and get higher return on investment </p> <p class="MsoNormal" style="margin-left: 39pt; text-indent: -0.25in; line-height: 14.25pt;"><!--[if !supportLists]--><span style="font-family:Symbol;">·<span style=""> </span></span><!--[endif]-->To bring the real estate up to marketable condition, such as a fixer-upper</p>How buyers will benefit of owner financing; an arrangement such as<br />this could give them the home at a good market price, perhaps with<br />little down, at a lower interest rate than with conventional financing.<br /><br /><br />How Sellers will benefit of owner financing; the sellers sell their homes at market value much faster and get an excellent return on their money.<p class="MsoNormal" style="margin-left: 39pt; text-indent: -0.25in; line-height: 14.25pt;"><br /><br /><br /></p> <p class="MsoNormal" style="line-height: 14.25pt;"><span style="color: rgb(30, 25, 0);font-size:10;" >Look at our </span><a href="http://molotinc.com/Inventory/Inventory.html" title="../Inventory/Inventory.html" style="opacity: 1;"><span style="font-size:10;">inventory</span></a><span style="color: rgb(30, 25, 0);font-size:10;" ><span style="opacity: 1;"> most of ours properties have a Seller Financing option</span></span>. </p> <p class="MsoNormal" style="line-height: 14.25pt;">Call us for details (407) 375-6052</p> <p class="MsoNormal"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></p>FDhttp://www.blogger.com/profile/16944644594841954445noreply@blogger.com0tag:blogger.com,1999:blog-6380000611582474775.post-2481840859289121742007-07-24T08:18:00.000-04:002007-07-24T19:44:35.340-04:00<p class="MsoNormal" style="">Down Payment assistance program can benefit both sellers and buyers.</p> <p class="MsoNormal" style=""><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></p> <p class="MsoNormal"><b>Advantage to the sellers: <o:p></o:p></b></p> <p class="MsoNormal">It helps sellers to attract more potential buyers and sell their homes faster. The average time to sell a residential property in today’s market is approximately 6-8 month. By using this program sellers will be able to attract more buyers just because more buyers will be able to get financing.</p> <p class="MsoNormal"><br /><b>Advantage to the buyers: <o:p></o:p></b></p> <p class="MsoNormal">It helps to qualify for the mortgage to those buyers who don't have enough money for the down payment and closing cost. Also, it helps buyers to get better terms on the mortgage and substantially lower monthly payment.</p> <p class="MsoNormal"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></p> <p class="MsoNormal"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></p> <p class="MsoNormal"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></p> <p class="MsoNormal">Example:</p> <p class="MsoNormal"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></p> <p class="MsoNormal">$200,000 – Market Value</p> <p class="MsoNormal">$175,000 – Seller needs to net from the sale of the property</p> <p class="MsoNormal">$25,000 – Amount of equity to work with.</p> <p class="MsoNormal"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></p> <p class="MsoNormal">Buyer is approved for $180,000 loan amount form ABC Mortgage Company.<span style=""> </span>Buyer needs $20,000 for down payment and $5,000 for closing cost.</p> <p class="MsoNormal"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></p> <p class="MsoNormal">Down Payment Assistance Company will wire a private contribution of $25,000 to the buyer checking account before closing for down payment and closing cost.<span style=""> </span>Down Payment Assistance Company's fee is 10% of the contribution or $1,000, whichever is greater. In this case, the fee is $2,500 because it's based on a $25,000 contribution.</p> <p class="MsoNormal"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></p> <p class="MsoNormal">Down Payment Assistance Company gets paid back through the settlement statement as a payoff to their collections account for the full amount of our fee ($28,000). Down Payment Assistance Company is not a mortgage or a loan company; there is neither shady side deal, nor any silent second. There are no amortizations tables or terms to use the program; it's just a service with a fee. The seller does not net the $28,000, therefore there is no capital gain on that money, and no 1099 are issued. This is a completely legal and legitimate transaction, where everything is disclosed.<span style=""> </span>Parties are totally independent in the transaction, which are HUD and RESPA compliant. It’s a truly win-win for everyone!</p><br /><p class="MsoNormal"> </p><p class="MsoNormal" style="margin-left: 0.5in; text-indent: -0.5in;">Most properties in our inventory are eligible for this program. Please visit <a href="http://molotinc.com/Inventory/Inventory.html">http://molotinc.com/Inventory/Inventory.html</a> to check our inventory.</p><br /><p class="MsoNormal"></p>FDhttp://www.blogger.com/profile/16944644594841954445noreply@blogger.com0tag:blogger.com,1999:blog-6380000611582474775.post-58750333789365016492007-07-23T13:35:00.000-04:002007-07-23T13:38:40.052-04:00<div class="Normal"> <div class="paragraph Body" style="line-height: 19px; padding-top: 0pt;">Come join the largest real estate investors network group in Florida.</div> <div class="paragraph Body" style="line-height: 19px; padding-bottom: 0pt;">Enjoy numerous educational seminars and publications, find partners and stay updated with the industry trends.<br /><a href="http://cfri.net/">Visit CFRI site.</a><br /></div> </div>FDhttp://www.blogger.com/profile/16944644594841954445noreply@blogger.com0