The National Consumer Law Center, the best source of US consumer law information, has recently started a webpage listing the various lender programs, the list of lenders in bankruptcy, and those that have just failed. Page here. It is a new page and it will be undoubtedly updated further in the future so check back to see if the lender you are interested in made the list.
The Mortgage Lender Implode-O-Meter has some similar information with a more twisted bent. See their list here (at the bottom).
And another elite group that is in the news more and more – the folks that got the bailout money — should be mentioned. The Wall Street Journal lists them here as of January 22, 2009 per the Treasury Department. Hard to believe that the federal gov’t could be influenced by lobbyists.
Filed under: National Foreclosure News
http://online.wsj.com/article/SB123535190987445017.html?mod=article-outset-box