Well, much like the Builder-Implode site, here’s a sister site for Lenders, www.BankImplode.com. Same thing- has information on ‘Imploded’ banks, and ones that are in serious jeopardy of imploding. From their site, here’s a list…

Writedown Rundown & General Distress:

• Bank of America - $4.4B
• National City - $200M
• Citigroup - $67.1B
• Merrill Lynch - $32.2B
• JP Morgan Chase - $9.9B
• US Bancorp - $1.2B
• Wells Fargo - $2.9B
• Wachovia - $4.8B
• Barclays PLC - $3.1B?
• SunTrust - $718.7M
• Mitsubishi Financial Group - $510M
• Lehman Brothers - $7.2B
• Mizuho MFG - $5.4B
• RBS - $3.6B
• Goldman Sachs - $5.4B
• Bank of NY Mellon - $118M
• Sovereign Bancorp - $1.580B
• Washington Mutual - $1.6B
• Bayern LB - $6.7B
• WestLB AG - $3.14B
• Deutsche Bank - $7.1B
• UBS - $38.0B
• HSBC Bank PLC - $2.1B
• IKB - $12.91B
• Morgan Stanley - $16.1B
• Bank of Montreal (BMO) - $639M
• DZ BANK AG - $2.1B
• HSBC - $26.5B
• ABN AMRO Group - $2.4B
• HBOS PLC - $2.5B
• Fifth Third Bancorp - $155M
• Royal Bank of Canada - $544M
• Canadian Imperial Bank of Commerce - $3.2B
• Credit Suisse - $5.95B
• Natixis - $1.8B
• Commerzbank - $855M

So, I just came across this site today- www.builder-implode.com. It’s funny, but also very interesting. They’ve got some decent information in there. They have a list of builders who have ‘imploded’, as well as a list of ones on the verge of ‘imploding’.  According to the site, here’s the Top List of ones to come.  Anyone interested in some Discounted Builder Inventory???

Ailing/Watch List*:

12. Pulte Homes Inc.
11. Centex Homes
10. D.R. Horton, Inc.
9. KBH Home Inc.
8. Hovnanian Enterprises Inc.
7. Ryland Group
6. Standard Pacific Homes
5. Kimball Hill
4. John Wieland Homes and Neighborhoods
3. Beazer Homes USA
2. Meritage Homes Corporation
1. Lennar

Hey guys-

Sorry it’s been soo long since I last posted, life has been very crazy, to say the least. We just got home from the hospital yesterday with my first child! She was born on Sunday, April 6th at 5:09am. She weighed in at 6lbs 5 ounces and 19 inches. It’s been truly a blessing and an amazing experience, to say the least. The lack of sleep has DEFINITELY taken it’s toll on us- the 3 nights we were there in the hospital, and the first night home last night was just BRUTAL. Those of you with kids can relate, I’m sure. I’ll post some pictures when I get them downloaded. I have a TON of emails and articles/information to go over and post, so hopefully over the next week I can try to get caught up on it all. I thank you for your patience, and you’ll be hearing much more from me as soon as things calm down.

-Austin