The popular website Mortgage Lender Implode-O-Meter tracks the collapse of mortgage lending firms. Affiliated sites also track the collapse of home bulders, hedge funds, and banks.
Michael Jackson Scoop
In October 2007, the Mortgage Lender Implode-O-Meter was the first site to learn that Michael Jackson's Neverland Ranch was facing foreclosure.
Lawsuit
At the end of 2007, mortgage firm Loan Center of California sued Mortgage Lender Implode-O-Meter for alleging the company was out of business. The two organizations settled out of court.
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