All GLG News Analyses Filed Under: Mortgages, Consumer & Specialty Finance
Posted February 11, 2008How big is the Mobile Wallet
Analysis of: Cellphone Banking First Step Toward Mobile Wallets in the Usa | www.cellular-news.com
Author: Gregg Kail, Former Reseller Manager AT&T Corp
Besides contactless payment technology, the cellphone “mobile wallet” evolving from online banking requires: 1) retailer adaptation, 2) consumer acceptance; 3) e-marketing alliances.
Posted February 7, 2008One more consideration - RFC's market niche may be eroding
Analysis of: GMAC considers sale of troubled ResCap | www.ft.com
Author: Brian Hershkowitz, Chief Executive Officer Maximum Value Group
This is an important article because it is detailing the possible exit from the mortgage business of another player that only dealt minorly in the subprime world, if at all. One of the considerations not discussed in the article is the effect of the potential Economic Stimulus Plan specifically...
Posted February 7, 2008
Occupancy Fraud - Are you Surprised?
Analysis of: Speculators May Have Accelerated Housing Downturn | online.wsj.com
Author: GLG Member Program Contributor
Analysis of: Speculators May Have Accelerated Housing Downturn | online.wsj.com
Author: GLG Member Program Contributor
The teaser interest rate environment meant that people of every ilk would find a way to exploit the easy money made available by every financial institution. This includes every conceivable fraud that could be committed, was committed in the housing boom.
Posted February 5, 2008Mortgage loan restrictions by zip code or county: Prudent reaction to the declining housing market or redlining?
Analysis of: Zip Code 'Redlining': A Sweeping View of Risk | www.washingtonpost.com
Author: Gregory Samp, Principal Maximum Value Group
Fannie Mae announced on December 5, 2007 that down payment requirements will be increased by 5 percentage points over the previously allowed minimum down payment in areas identified as declining. While Fannie’s Desktop Underwriter (DU) will generate a message on loan casefiles when it appears...
Posted February 5, 2008Microsoft advancing in mobile with Yahoo
Analysis of: Yahoo Deal Is Big, but Is IT the Next Big Thing? (NYT-Feb. 3) | www.nytimes.com
Author: Gregg Kail, Former Reseller Manager AT&T Corp
Beyond innovation catch-up, Microsoft’s acquisition of Yahoo has three advantages from the AT&T/Yahoo co-marketing: 1) Broadband subscribers; 2) Advertising revenue; 3) Mobile migration.
Posted February 4, 2008
Financial Regulators Persist in Recycling Models That Have Repeatedly Failed
Analysis of: Will 6 Be a Lucky Number for Halston? (NYT-Feb. 3) | www.nytimes.com
Author: GLG Member Program Contributor
Analysis of: Will 6 Be a Lucky Number for Halston? (NYT-Feb. 3) | www.nytimes.com
Author: GLG Member Program Contributor
The article lays out a scenario in the fashion industry that has led to repeated failure. A similar scenario has played out in the financial services industry, causing hundreds of billions to be lost each time.
Quoting from the article: "But millions and millions of dollars went down...
Posted February 4, 2008
Microsoft May Be Floundering, but Big Banks Are Lost
Analysis of: Yahoo Deal Is Big, but Is IT the Next Big Thing? (NYT-Feb. 3) | www.nytimes.com
Author: GLG Member Program Contributor
Analysis of: Yahoo Deal Is Big, but Is IT the Next Big Thing? (NYT-Feb. 3) | www.nytimes.com
Author: GLG Member Program Contributor
1. The article questions whether Microsoft's pursuit of Yahoo means that it has lost its ability to innovate and is instead trying to catch up by looking backward at a company that competes for online advertising, a business that may be eclipsed by an unknown startup.
2. The article refers...
Posted January 31, 2008
Stabilization of Capital Position.
Analysis of: ACA wins more time from trading partners | www.ft.com
Author: GLG Member Program Contributor
Analysis of: ACA wins more time from trading partners | www.ft.com
Author: GLG Member Program Contributor
Implications: 1.Ability of claims-paying base is not in sequence with corporate and mortgage debt securities. 2.Bond Insurers: MBIA and AMBAC value basis of shares have fallen. 3.A Waiver of all collateral requirements has or may not be effective. 4.A massive sell-off of all asset-based collateralised...
Posted January 28, 2008
"Beyond Payday Loans," The Wall Street Journal, January 24, 2008 - The Rest of the Story
Analysis of: Beyond Payday Loans | online.wsj.com
Author: GLG Member Program Contributor
Analysis of: Beyond Payday Loans | online.wsj.com
Author: GLG Member Program Contributor
The article fails to acknowledge that banks and credit unions have been generally unsuccessful in their attempts to establish relationships with the unbanked. It does, however, call attention to two generally unrecognized truths: productive use of financial services is the gateway to...
Posted January 28, 2008
Payday Loans: New Rules
Analysis of: Beyond Payday Loans | online.wsj.com
Author: GLG Member Program Contributor
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of 282Analysis of: Beyond Payday Loans | online.wsj.com
Author: GLG Member Program Contributor
Implications: 1.Higher fees for paycheck pay-out and high-priced loan repayments are, now, a disaster for the general public. 2. Financial Institutions gauge the public with insurmountable fees. 3.Thousands of dollars will be paid by the consumer for churning the salary into cash. 4.Responsible consumer...
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Most Popular:
Source Article | Expert Analyses
The Trickle-Up Bailout
www.washingtonpost.com
Apple falls on consumer spending fears
www.ft.com
Aberdeen in tie-up with MUFG
www.ft.com
Residential Mortgage Appraisal Should Consider Income Approach
Pension funds cannot escape financial crisis
www.iol.co.za
Proposal: Use of $700B Bailut Funds
October 7, 2008
$700 Billion Bailout Attacks The Symptoms Not The Cause
October 3, 2008
Apple is Positioned for the Future!
October 3, 2008
Blame the models and Risk Based Pricing
September 30, 2008
Don't Blame the Models
September 29, 2008

