I cannot believe the audacity of corporate entities out there -- to sue a web site that has given invaluable information to the public. MortgageImplode.com is being sued by Loan Center of California.
Details about the litigation are here: http://ml-implode.com/whydonate.html. Good grief, after you read that, you wonder why the company would spend money to sue a small website when warehouse funding lines are being pulled on it. Hello?
Aaron Krowne has done an excellent job reporting on the mishaps of the mortgage industry, please consider contributing to his legal fund at his main page: http://ml-implode.com/ where this is a link to donate.
SAVE THE IMPLODE-O-METER!!!