Jack Guttentag
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Taking a HECM reverse mortgage for a Llmited periodJan 30, 2018 5:00 am - Q. I am interested in your opinion of the following plan: Take a HECM reverse mortgage on my home, which is worth $1 million and will appreciate by 3.5 percent per year....
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A new approach to mortgage designJan 20, 2018 5:00 am - For decades, the principal motivation driving home mortgage design was to increase affordability. The logic was that homeownership was desirable, and the more affordable...
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Are housing bubbles emerging again?Dec 30, 2017 5:00 am - Whenever home prices rise sharply, as they have in recent months in some markets, the housing bubble question is asked. It is an anxiety-laden question because the housi...
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Minimizing the upfront costs of a mortgage: What borrowers ought to knowDec 23, 2017 5:00 am - Mortgage borrowers have some control over the amount of cash they must produce at the closing table. Minimizing the amount, however, may or may not be in their long-term...
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Online medical scams can't provide formula for mortgage salesDec 16, 2017 5:00 am - Medical scams executed on the internet aim to convince respondents that a medical condition is best treated by a nonprescription remedy that only the scamster can provid...
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How to help first-time homebuyers save for a down paymentDec 09, 2017 5:00 am - This is a hot-button issue. Many aspiring first-time homebuyers find it difficult to save for a down payment, and millennials heavily burdened by student debt find it es...
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Revising the standard mortgage to meet today's challengeDec 02, 2017 5:00 am - People are living longer, which means they need more wealth when they stop working. One approach to this objective is to find ways to encourage homeowners to pay off the...
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Can mortgage shoppers rely on the APR?Nov 25, 2017 5:00 am - APR stands for "Annual Percentage Rate," designed to be a comprehensive measure of the cost of credit that mortgage borrowers could use to compare loans offered by diffe...
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Why the HECM reverse mortgage market is stuntedNov 18, 2017 5:00 am - During my lifetime, retirement planning has become more and more challenging. People are living a lot longer, which makes retirement periods longer, and fewer people ret...
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Is the CFPB crack down on payday loans in the public interest?Oct 21, 2017 6:00 am - The opinion split on this question is almost completely predictable from prior political leanings. Those on the right view it as excessive regulation that is blatantly i...