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

GMAC, LLC includes real estate financing, auto insurance financing, and insurance.  Insurance is delivering much needed income and stability while the mortgage business hemorrhages and the auto loan business stagnates.  But insurance requires a very stable capital structure, and the insurance...

Implications: 1.Severe downturn in the housing market and credit-related charges require an Increase in Reserves as a cushion for possible losses. 2.A windfall in the housing boom market reverses the direction of the Institution: Profitability becomes a hugh loss burden. 3.Forecasts DO NOT meet Earnings...

FAnnie Mae and Freddie Mac have announced new underwriting guideline changes to take effect with mortgage deliveris dated August 8, 2008.  Every bank needing to create liquid mortgage investments will have to adopt these new rules in the next few weeks.  The results on individual borrowers...

On February 13, the President signed into law the Economic Stimulus Act of 2008 that includes a temporary increase in Freddie Mac's conforming loan limits in high cost areas, as defined by the U.S. Department of Housing and Urban Development (HUD). Since this time, every business news media, as well...

What Freddie Mac is doing now is supposed to do 3 years ago (a call from Allen Greenspan in May 2005), specifically to liquidate substantially with little disruption to the housing market in 2005.  The call from Allen Greenspan came at the time when the combined holdings (of mortgages and mortgage...

1. Stock market takes over microfinance. 2. Microfinance moves from donor to investor.

Freddie Mac (GSE - Government-Sponsored Enterprises) wastes no time and begins to finance $10 billion to $15 billion in jumbo mortgages from big lenders. This follows the actions of other GSE's to add liquidity into the real estate market. I sincerely believe that this effort will help to flatten...

Current 'so called' mortgage metrics are not necessarially useful now or in the future. Ratios and numbers can always leave room for interpretaion and misdiagnosis.   Definately positive refi action is taking place for the strapped borrowers and principal committed investors; the GSE's should keep...

a) Ease investor anxiety NOW   b) Secondary Mortgage Market Investors have been worried that recent data indicate a slowing economy, which would continue to cut into potential profit growth and actual principal at some of the nation's biggest mortgage companies, and portfolios.

a) it does appear that the independent mortgage broker is going the way of the independent insurance agent and the independent fee based financial planner b) technlogy will be key in providing the independent mortgage broker, the acutal end-user (borrower) and actual owner-buyer-investor of...