GOIH Capital Markets: Global 1 Investment Holding Corp. (OTCBB:GOIH) New Mortgage Product.

WASHINGTON (MarketWatch) -- More mortgage products are needed to help homeowners keep their houses, Treasury Secretary Henry Paulson said Wednesday. Speaking before a meeting with mortgage-servicing companies, Paulson said the Bush administration is working to keep as many homeowners in their homes as possible. "It's going to take awhile" for problems in the subprime-mortgage market to correct, Paulson said, because many loan resets will take place over the next 18 months to two years. He said the administration is identifying borrowers who may face expensive resets and that "we need an expansion of mortgage-financing products."



GOIH Commentary:

Our Financial Engineering Group has developed a new mortgage product to remedy the problem cited by Sec. Paulson in the above news article. We are fine tuning the product and will launch the product as soon a we have the financial models worked out.