Jack Guttentag
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Four strategies to stretch your HECM dollar furtherOct 04, 2012 12:46 pm - A major and potentially valuable feature of the Home Equity Conversion Mortgage program is that it offers multiple options regarding how a senior can withdraw funds, as ...
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Age matters when you choose a reverse mortgage credit line How, when and why to take a reverse mortgageSep 29, 2012 4:55 am - One of the valuable features of the Home Equity Conversion Mortgage (HECM) is the multiple options for cashing out equity in the house. Borrowers can take cash, a credit...
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Think twice before choosing HELOC over HECMSep 21, 2012 9:19 am - The major theme of the two previous articles in this series is that the Home Equity Conversion Mortgage (HECM) has great potential value to senior homeowners planning th...
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Is lump sum reverse mortgage the right loan for seniors?Sep 08, 2012 4:34 am - FHA-insured reverse mortgages, also called home equity conversion mortgages, or HECMs, allow seniors to withdraw cash from their home equity while retaining the right to...
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For Danish homeowners, refinancing is blissSep 01, 2012 5:27 am - The first two articles in this series indicated that there was no quick way to replace Fannie Mae and Freddie Mac without seriously disrupting the market. An expansion o...
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U.S. would benefit from Danish-style mortgage systemAug 25, 2012 5:29 am - Last week’s column examined the two obvious strategies for expanding private sector lending as a replacement for Fannie Mae and Freddie Mac. The first, expansion of port...
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Why we need to expand private-sector mortgage lendingAug 18, 2012 5:22 am - The future of Fannie Mae and Freddie Mac, the two secondary market behemoths that became wards of the federal government in September 2008, is in limbo. Virtually all po...
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How to get the best deal on a reverse mortgageAug 11, 2012 5:28 am - As noted in last week’s column on reverse mortgages, seniors now have useful options under the Home Equity Conversion Mortgage (HECM) program that they didn’t have befor...
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Homebuyers use reverse mortgage to their advantageAug 04, 2012 5:21 am - Many elderly homeowners want to remain homeowners but not in their current house. They may want a house that is smaller, or without stairs, closer to family or friends, ...
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How to choose a reverse mortgage in an industry nearing a crossroadsJul 28, 2012 5:02 am - FHA-insured reverse mortgages, called Home Equity Conversion Mortgages (HECMs), can be a lifesaver for elderly homeowners short of income. While aftershocks from the fin...