New Hampshire Judge Orders ML-Implode To Divulge Identities of Anonymous Posters

http://themessthatgreenspanmade.blogspot.com/2009/04/implode-o-meter-ordered-to-give-up.html

LAS VEGAS - A New Hampshire Superior Court Judge has ordered Implode-Explode Heavy Industries, Inc., the owner of the popular mortgage industry crash site Mortgage Lender Implode-O-Meter (ml-implode.com) to give up the identities of persons who provided information to the site about The Mortgage Specialists, Inc. of Plaistow New Hampshire.

Rockingham County Judge Kenneth R. McHugh also ordered that the allegedly "secret" and "defamatory" content about The Mortgage Specialists would have to stay down permanently.

The information consists of an anonymous posting on the ML-Implode forum about The Mortgage Specialists and the publishing of the company's 2007 "Loan Chart" sent in by an informant and placed online by the Implode-O-Meter staff.

The Mortgage Specialists alleged in their complaint the forum posts were defamatory, and the 2007 Loan Chart detailing financial statistics was secret. ML-Implode immediately and voluntarily removed the information to assuage MoSpec's concerns, despite its continuing assertion that it still had the right to post them. However The Mortgage Specialists persisted in demanding the submitters' identities and a promise to permanently keep the information offline. ML-implode refused. The Mortgage Specialists filed suit on November 12, 2008, signed by company President Michael Gill.

They use "paid off" appraisers to get whatever appraisal is required to get the loan, then immediately sell this forged loan (as expected by a broker.) They also tried to pull a few stunts at closing which I called them on by refusing to sign the papers & forcing them to have to arrange for a second closing. I'm surprised this criminal operation is still in existence, never mind suing people to prevent their criminality from being exposed.