Loan Center of California?s Suit Against ML-Implode Settled

The Mortgage Lender Implode-O-Meter announced today the settlement of the lawsuit filed against them by the Loan Center of California.  This is great news for all bloggers who have sought to tell the truth while covering the mortgage industry implosion.  When the lawsuit was first announced many bloggers (including myself) wondered aloud about the stability of blogging about real issues in a litigious environment.  And while I always thought the suit was frivolous; this settlement is welcome news to all of us who have covered the mortgage morass. Aaron over at the site makes a good point that it is still frightening that the suit was not thrown out under Anti-SLAPP legislation; but nonetheless the settlement brings to an end the tenuous stand-off between LCC and the leading