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GLG News by Retail Mortgage Origination Experts

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April 9, 2007
How Subprime Woes will potentially devastate the Mortgage Industry
Analysis of: Some Subprime Woes Linked to Hodgepodge of Regulators | www.usatoday.com
Author: GLG Expert Contributor
As a result of the creative financing arm of the mortgage industry in the last few years, while millions of families have had a great benefit in seeking the "American Dream", untold amounts of families will be literally paying the price. With the advent of such wonderful programs, e.g. option arms,...
April 2, 2007
Loss Mitigation Efforts are Key to Foreclosure "Soft Landing"
Analysis of: Subprime Loan Servicers Step Up Loss Mitigation Efforts to Avoid Foreclosures | www2.standardandpoors.com
Author: GLG Expert Contributor
The Standard and Poors' article is the only article that I have seen that points out that there is, indeed, hope for the subprime forelosure world.Loss Mitigation is a process too few understand and that all involved with the mortgage world should be acquainted with.Loss Mitigation eforts...
March 20, 2007
Subprime Lending = Egalitarian Oppotunities
Analysis of: Some Subprime Woes Linked to Hodgepodge of Regulators | www.usatoday.com
Author: GLG Expert Contributor
1) Media impact on regulatory agencies2) Misinformation regarding broker/lender culpability3) Clarification of subprime benefits4) The subprime implosion is way overblown

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