All GLG News Analyses Filed Under: Mortgages, Consumer & Specialty Finance

1) Regulatory issues 2) Share holder approval

Implications: 1.Milestone in the unfolding International Financial Crisis. 2.Dangerous Spirral: a weakening economy and rising mortgage delinquencies survive on eachother. 3.Reduced spending and increased delinquencies by the average consumer has risen. 4.Failure of Countrywide would pose a major risk...

While many eyes are on the transaction as a proposed bailout for Countrywide, Bank of America will be solving a good many problems for themselves, while purchasing the fuel for tremendous growth.  The advantages for Bank of America are many but the largest are the resolution of their...

Mums the word from Bank of America and Countrywide on whether BofA plans to swoop in and bailout Countrywide from a sudden fate of bankruptcy. Countrywide reported that foreclosures and late payments rose to the most in five years in December 2007. Countrywide's shares has fallen 28% this week and its...

Countrywide is denying rumors that it may be filing bankruptcy in face of a sharp decline in share price of as much as 79% in 2007, a credit crunch, record level defaults and a doubling in foreclosures and current economic conditions in the U.S. Investors are jittery about Countrywide and mortgage related...

The USA HOUSING MARKET has a big impact on Australian Housing Market based on Risk analysis on the global economy and trend.so the present instable american housing Market has a large implecation on Australian Housing market thus it is very important that US ECONOMY IS STABLE and get better,...

The UK's Government has asked Goldman Sachs to find new financial backers who are prepared to back a private sector solution and put together a financing package to rescue Northern Rock. The two rival bidders, Virgin Money and Olivant's funding problems may jeopardize their proposals because lending...

1 Rating agencies should perhaps step back a little from ratings based largely on what they put forward as immutable quantitative stress tests that were not supposed to change with the credit cycle and turn a bit more to judgment and subjectivity because credit is not just a numbers game. ...

Press commentaries on looming bond insurer downgrades are depressing share prices but don't really address some fundamental differentiating factors between the insurers nor do they take into account the nature of bond insurance.  Three issues are key: (i) structure of the bond insurance / financial...

Boards of directors need to do a better job of evaluating legal advice with respect to the needs of the business. Slavish adhearance to doom sayer lagal advise without consideration of creative business alternatives and solutions is not good business practice.