Ailing Sub Prime Lenders

Altucher's Daily Blog Watch discovered this interesting website, The Mortgage Lender Implode-O-Meter, which tracks the number of U.S. lenders that have gone out of business, the top 25 sub-prime lenders, mortgage banking news, and the most important, the Ailing Lenders List.

Here is a list of the publicly traded companies that are connected to the some of the lenders on their list:
Coast Financial Holdings Inc. (CFHI)
New Century Financial Corp. (NEW)
Fieldstone Investment Corp. (FICC)

Disclosure: Author does not own and is not short any of the above.

CFHI vs. NEW vs. FICC 1-yr chart