Implode-O-Meter Tracks Housing Slump

The Implode-O-Meter lends insight into the financial state of mortgage lending. It combines the candor of Consumer Reports with financial muckraking, weeding out the truth in the mortgage lending industry. Implode-O-Meter, by its own accounts, seeks to inform and educate the public by pulling back the curtain to reveal the wizard that is the mortgage lending industry.

Implode-O-Meter and Transparency

The main aspect of the Implode-O-Meter which makes it different from other housing and mortgage web sites is that it seeks not to sell, or to market, it seeks to educate consumers about mortgage lending and the housing industry.

The Implode-O-Meter contains a wealth of information about the home financing sector, and is a sources of breaking news and fresh information. The depth of the information on the Implode-O-Meter may seem overwhelming to some, as there is so much information to sift through on the busy, text-based front page.

If the Implode-O-Meter web site were a painter, it would be a harsh realist. The Implode-O-Meter exposes all of the bumps cracks in the road to financing a home. The Implode-O-Meter, in the vein of all good muckrakers, also seeks to find the cause of the problems in the home financing sector.

Also keep an eye on their "Watch list" which could provide insight into companies which are on the verge of imploding.

Implode-O-Meter and Good News

The Implode-O-Meter also gives consumers and lenders insight into the good news regarding home financing. The "Non-imploded" list tracks financially healthy mortgage lenders.

Housing Resources for Lenders and Homeowners

There are other web sites which seek to provide a more transparent look at home buying and home lending. After a two-year search for a home, I can conclude that there is no one real estate web site that does it all. By using these web sites in conjunction with each other, potential home owners will see a more clear picture of the housing market than they will when they use sites whose main purpose is to sell, not to inform.