Jack Guttentag
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As helpful as I can be in one column on mortgage shoppingNov 14, 2009 10:00 pm - Q. I don't want an education in mortgages; I just want to know enough to save as much money as possible on my new mortgage. Also, as an African-American, I want to avoid...
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Mortgage shopping tool helps curb borrower's mistakesNov 07, 2009 10:00 pm - As noted last week, borrowers often make costly transactional mistakes because they know less than the loan providers they deal with, who are motivated to exploit their ...
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Lenders could intervene, but many choose not toOct 31, 2009 11:00 pm - Shortly after starting my Web site, I decided to add a feature on some of the common mistakes borrowers make, and how to avoid them. Today, there are about 100 mistakes ...
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Being on wrong side of notch point can be costlyOct 24, 2009 11:00 pm - PNP, which stands for "pricing notch point," is a value of one of the factors used in pricing goods at which the price changes. In most lines of business, a pricing fact...
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Why mortgage shoppers need a smarter Truth In Lending ActOct 17, 2009 11:00 pm - For many years, the Federal Reserve and other federal agencies with responsibility for formulating required disclosures of financial information were tone deaf. They dec...
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Many borrowers duped into taking loans with higher ratesOct 10, 2009 11:00 pm - Of all the issues that have bedeviled regulators and legislators dealing with consumer protection, perhaps the most troublesome have been abuses connected to mortgage lo...
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Comparison formula helps determine right mortgage for youOct 03, 2009 11:00 pm - As indicated last week, the annual percentage rate, or APR, the law requires mortgage lenders to disclose alongside the interest rate is not a useful measure of cost to ...
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Seven questions every mortgage shopper should askSep 19, 2009 11:00 pm - Among the more interesting of the Federal Reserve proposals for amending the Truth in Lending Act is one to expand the disclosures required at application. The purpose i...
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Truth in Lending reforms need new overseerSep 12, 2009 11:00 pm - The Federal Reserve Board has finally released its proposals for reforming the Truth in Lending Act. It comes right in the middle of a debate over whether a single consu...
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Homeowners have a short time to rescind their refinancingSep 05, 2009 11:00 pm - Borrowers who refinance loans on their primary residences with lenders other than their current lender have a "right of rescission." They can cancel the deal at no cost ...