The Mortgage Lender Implode-O-Meter

Top 25 Subprime Lender list, demised lenders in red,
(as of Q2 2006; from the Mortgage Banker's Assoc.):

1. Wells Fargo
2. HSBC Household Finance [rumored to be up for sale]
3. New Century
4. Countrywide
5. Fremont
6. Option One [H&R Block; up for sale]
7. Ameriquest [owned by Argent; in major lawsuits]
8. WMC [subsidiary of GE Money]
9. Washington Mutual [shuttered 80 branches in late 2006]
10. CitiFinancial
11. First Franklin [acquired by Merrill Lynch from National City for $1.3bln]
12. GMAC
13. Accredited Home
14. BNC [Lehman bros. subsidiary]
15. ChaseHome Finance
16. Novastar
17. OwnIt, 2006-12-07 [partially-owned by BofA]
18. Aegis [just closed two subprime operations centers]
19. MLN, 2006-12-29
20. EMC
21. ResMae
22. FirstNLC
23. Decision One [owned by HSBC; rumored to be up for sale]
24. Encore [being acquired by Bear-Stearns]
25. Fieldstone [closing 7 of 16 ops centers, debt renegotiated through 2007-01-31]