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

Implications: 1.A Private Equity firm MAY require an additional Capitalization or Cash Infusion. 2."Risk" factors are Material and many concerns are abound as management , clearly, identifies a weakness. 3.Excessive losses have surfaced and it is very likely that the auto and mortgage lender will...

Senator Chris Dodd, Chairman of the Banking Committee grilled bank regulators on 3.4.08 to determine why regulators didn't intervene as loose lending standards led to a meltdown in the mortgage market and caused a credit crunch that could thrust the U.S. economy into a recession. Regulators Donald Kohn...

The House Committee on Oversight & Government Reform will grill Angelo Mozilo, Countrywide's CEO, Charles Prince-former CEO of Citigroup and Stan O'Neal-former CEO of Merrill Lynch, when they testify on 3.7.08, as lawmakers examine if there is a link between "executive pay" and the U.S. mortgage...

The announcement by the State of Pennsylvania is reflective of at least two issues: the failed market for auction priced student loans, and the deteriorating balance sheets of some of the lenders. Although there is a reference to the reduced Federal subsidies, this change has been in the market...

Implications: 1.Student Loan Operations - a consequence of Tight Credit Markets and Poor Capitalization. 2.A Model of Failure for both the General Student Population and Academic Institutions. 3.Reduced subsidies to the lenders in the federal guaranteed student loan program - all Investors will...

Implications: 1.Improvement of Liquidity,Stability and Affordability for the US Housing Financing System. 2.Stabilization of the CONFORMING Mortgage Market  and a , possible, reduction in foreclosures for the average homeowner. 3.A keenly FOCUSED management will lead to a stronger financial future...

The  announcement  by  Gordon  Brown  and  Alistair  Darling  that  the  British  Government  is  temporarily nationalizing the mortgage  lender Northern Rock  stinks  of  socialism. It  also  points ...

Implications: 1.The Value of Preservation and the Enduring difficulties in a down turn of the Marketpkace. 2.All industry pers may attend and should include mortgage services, attorneys, default managers and customer service management. 3.The Purpose: "Awareness" of all current Market conditions. 4.Operational...

Bank of America, Chase, Citigroup, Countrywide Financial, WAMU and Wells Fargo are the mortgage lenders who have teamed up with Treasury Secretary Paulson and HUD to provide borrowers facing foreclosure with a reprieve through "Project Lifeline," as mortgage delinquencies climb to over $200 billion....

“Speculators” / investors seem to bear the brunt of criticism when discussing the downturn in residential real estate.  Undeniably, this group contributed to both the rise and fall of residential real estate.  However, the MBA statistics, coupled with BREC’s previous estimates of investor...