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

Such a great fallout in the mortgage industry, is a strong indication of a need for change. The change that  will help the industry the most will be the change that helps the borrowers.  Subprime borrowers is where the concentration should be focused.  They are the largest group...

1.  Increased government regulation requiring the new calculations. 2.  Increased paperwork for the originators and the loan applicants that they don't understand. 3.  Even if we came up with the perfect disclosures, the people that need them the most will not use them.

It is redundant and not very useful research. Same data is readily available with any mortgage amortization software.

Advance America has done little to improve store operating performance over the last several years. The Oregon law change and the Pennsylvania aside, Advance America seem s to be determined to watch their stock value slip into oblivion. While every other payday loan provider is adding new products/services...

What a strange marriage, with Lone Star refusing to come to the wedding ceremony, Accredited sueing them, and the two eventually tieing the knot.  Lone Star must have some vision for what to do with Accredited, but at the moment, there is almost no market for sub-prime loans. The only logical plan...

World wide financial stress is looming. End of discounted home loans in Australia.  

Stress is yet to be seen, early indicators are bad, the future is going to be worse. The actions to date have failed the test for working out of the mortgage crisis. What is yet to come on the mortgage market can be changed if acted on, current trends are leading to disaster.

The Visa IPO is a noteworthy transaction that has the potential to reshape the payments industry. It offers Visa and its members the opportunity to unlock billions of dollars in value from the business they have built.  But, the potential return could be materially reduced by pending litigation....

Police were called to manage crowds in the UK this morning as depositors lost confidence in Northern Rock and attempted to withdaw funds en masse. Depositor concerns are believed to relate to weak loan to deposit ratios and fears about exposure to subprime mortgages. Banks mentioned among...

Countrywide projects a 25% decline in mortgage origination volume as the reason behind this dramatic employee layoff. Is Countrywide's new origination forecast in the ballpark? How far will the mortgage market fall? Will other institutions be affected too?