Friday, October 03, 2008

Subprime Lender Casualty List

In Southern California, The Orange County Register's Mortgage Insider blog provides a casualty list of the 30 biggest subprime home lenders in 2006 (measured by dollar volume). Reportedly, 22 have gone bankrupt, shut down, been sold or been seized by Uncle Sam. Most of the survivors have scaled back.

For the list, see Subprime’s dearly departed.

Thanks to Bill Collins of Crossroads Abstract, Rochester, NY for the heads-up on the list.