GLG News by Land Banking Experts (US)

There are many proponents of the theory that the industrialized nations will face declining wealth through the coming century. The United Sates is not thought to be excluded from this effect by these thinkers. Those who believe otherwise as the article indicates feel there is no one else to assume the...

Consolidation will occur in the industry The strongest companies will survive the downturn five years from now there will be significant changes to the industry  

    Las Vegas has been unfairly characterized as a real estate market that will continue to melt under the stress of mounting inventory, the sub-prime crisis and lack of affordability. The impact of those forces on Las Vegas has been more severe on sales than on prices.       Overall,...

Wall Street has abandoned housing and the mortgage markets, the default ratios are up, consumer confidence is way down, wages are not keeping up with rising costs. The litany goes on through the press. Rarely do you see a positive note in the news as everybody is on the bandwagon now. The only recent...

It is wonderful that President Bush's plan to help the disenfranchised keep their homes, and in some (albeit, few) cases, this program will work. But like the cut in the commercial lending rates, this is more symbolic than helpful, and the true problems will persist after the assistance package is ...

So called "unscrupulous" lending practices,ignorant borrowers,and unrealistic market appraisals have all been identified as sources responsible for the increased residential foreclosure figures.  Speculation has also contributed to the saturated market and stiffer lending guidelines. ...

Digital Rights Managers including cell phone "locks" invite the bright to attempt to crack past the obstacle.  A quality product and superior service are the best protections possible.  What can a company expect to gain by suing a teenager for being bright and motivated.

For years now, the Mortgage and Commercial Lending arena has been the subject of great debate as to whether sound credit decisions were being made. Now, finally, the proof of careless lending practices are coming to light: the question at hand is how will we deal with the fallout?

American Home Mortgage's entry into Chapter ll bankruptcy and the resulting workforce layoffs, reveal, again, just how severe the "gaping wound" to the subprime industry has become.  A total of three midsized servicing firms crumbled this August representing a combined total of $78 billion in residential...

Banks report increased delinquencies and overall lower earnings as the economy slows and housing drags. The reporting style here is yet corporate positive as CFO’s mirror the earlier performances of the major home builders, the Realtors and the Mortgage Bankers Association in denying housing issues....