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

Asset Protection must include liabilities as well as assets! Astute Debt Collectors can collect on even statute (time) barred debts! How? Turn a civil claim into a criminal claim.  The Daily News article highlights statue barred debts.  Very helpful for small debts. But when debt-collection...

Mr. Ross' acquisition of American Home Mortgage's servicing unit is a bold attempt to continue his legacy of "turnarounds" in the business arena. Like Merrill Lynch's purchase of First Franklin, Ross' move may disprove the adage "when there's blood in the streets, buy real estate", and prove the "Greater...

1.A useful product for Baby boomer retirees . 2.Proper advice should be taken before availing the mortgage. 3.Lenders should take into account the associated risks attached to the product before aggressively pushing the product.

U.S. economist continue to focus on the domestic economy. True, housing will continue to be a drag on our economy and GDP, but it isn't the entire economy. Exports continue to expand and together with our service economy produce the bulk of GDP. Most economist continue to be too US centric.

The problem with programs of this type is flight from debt. For many of the lenders for which we work, we can not find a high number of these foriegn buyers. if they have any problem with their financial situation they leave the country. Numerous principal residences are vacant and we have tracked them...

Immigration status is not an indicator of mortgage default. Current conditions are not indicative of a drop in viability of ITIN mortgages.

Students borrow approximately $85 billion annually to finance the costs to attend college and the demand for private education loans has surged by 27% over the last six years, while Sallie Mae has diversified its portfolio to offer college-savings plans and private student loans in the last 10 years...

Notwithstanding the subprime mortgage crisis many credit card issuers are scouring higher-risk-consumer segment for growth. It is a prime area where they can originate new cardholders, receivables, and rich fee income. Perhaps counter intuitively, the signal risk in subprime is not credit losses but...

 Fundamentals sound; strong growth projected throughout region.  The recent crisis in US sub-prime mortgage instruments will have only a limited impact on Latin American financial services firms and their customers. The assets of banking and insurance related firms in Latin America are held...

Legislation moving in the House and Senate may have significant adverse impact on the mortgage markets, hurting both mortgage lenders such as Washington Mutual, Countrywide, Wells, HSBC.  Companies holding MBS portfolios will also be hurt, including Goldman Sachs, Bear Stearns and Merrill Lynch. ...