Jack Guttentag
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A new challenge to the HECM reverse mortgage programJul 19, 2014 12:00 am - The United States today faces a retirement funds crisis: a rapidly growing number of persons who are retiring without the financial capacity to support themselves during...
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Two unorthodox ways to pay off a mortgage earlyJul 05, 2014 12:00 am - Some schemes for paying off a mortgage early, such as biweekly and bimonthly payments, are offered by lenders, while others are entirely within the control of the borrow...
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Too many homebuyers are fearful of adjustable rate mortgagesJun 21, 2014 12:00 am - The Mortgage Bankers Association reports that only about one of every 10 home mortgages being written today carries an adjustable interest rate. A combination of negativ...
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Should I apply for a mortgage jointly with spouse, or on my own?Jun 14, 2014 12:00 am - Q. My wife and I are looking to purchase a $450,000 home, and I am wondering whether I should apply for the mortgage as an individual, or jointly with my wife? I make $8...
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When to ignore the APR and when to use itJun 07, 2014 12:00 am - For more than 40 years, the centerpiece mortgage disclosure mandated by Truth in Lending law has been the Annual Percentage Rate, or APR. Recently, administration of TIL...
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Did banking policy-makers apply a double standard?May 31, 2014 12:00 am - Q. Paul Krugman in a recent article argues that the major reason the economy is stuck in low gear today is that policymakers have used a double standard, helping the ban...
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Make sure you get the mortgage promised to youMay 24, 2014 12:00 am - Editor's note: This is the final installment in a three-part series on mortgage documents that has appeared in HomesSaturday. The first two parts of this article dealt w...
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Preparing yourself for the mortgage closingMay 14, 2014 11:00 pm - Q. I recently read that the Consumer Financial Protection Bureau is going to make the mortgage loan closing process more consumer friendly. Do you think it can? A....
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Robust secondary market needed to replace Fannie, FreddieApr 19, 2014 12:00 am - Editor's note: This is the conclusion of a two-part series that began last week in HomesSaturday. Last week, I discussed a major weakness of the draft proposal recently ...
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Senate committee's proposal for replacing Fannie Mae, Freddie MacApr 12, 2014 12:00 am - Editor's note: This is the first column in a two-part series that will conclude next week in HomesSaturday. Fannie Mae and Freddie Mac, once the twin kingpins of the hom...