For all of us in the mortgage banking and title industries, there is a great website that stays current on significant National Mortgage Banking operations. They watch as companies fold up, shrink-up, delete divisions that handle equity-line mortgages or high-risk loans, or make other substantial changes in the way they do their mortgage business.
To get up-to-date information on how fast it is happening and how many companies are affected (including those companies with whom you do or have been doing business) check the mortgage “Implosions” site.
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