Jack Guttentag
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Which HECM reverse mortgage best meets your needs?Apr 01, 2017 6:00 am - Among the challenges faced by seniors considering a HECM reverse mortgage is deciding which HECM best meets their needs. There are both fixed-rate and adjustable-rate ve...
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A different way for homeowners to raise funds: the point systemMar 25, 2017 1:00 am - Recently a reader made me aware of a new way homeowners can use their homes to raise money. Instead of pledging their homes as collateral for a loan - the familiar mortg...
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When is a government regulation excessive?Mar 18, 2017 6:00 am - President Trump believes federal regulations are excessive. He has directed task forces to be set up at each federal agency to supervise and monitor the process of findi...
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Planning for a comfortable future at 62Mar 11, 2017 5:00 am - Age 62 is a good time to take stock of where you are financially, and where you are going. You become eligible for Social Security at 62, though it may or may not be to ...
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Emerging tight money may hit the mortgage market hardMar 04, 2017 5:00 am - Dodd/Frank and federal agency fears have eliminated most escape hatches. Rising interest rates reduce the demand for housing by increasing the monthly payment on the mor...
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Why do borrowers pay for mortgage insurance?Feb 25, 2017 5:00 am - Last week I published an article on how home mortgage borrowers who were required to purchase mortgage insurance could earn a high rate of return by paying it off - with...
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New tool for seniors considering a reverse mortgage refinanceFeb 11, 2017 5:00 am - Sheila took out a HECM reverse mortgage in 2010 when she desperately needed additional income, even though her home in Nevada had fallen sharply in value during the prev...
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Another needed remedy for weaknesses in the home loan marketJan 28, 2017 5:00 am - With a new administration in Washington, the time is ripe to reconsider some fundamental features of our housing finance system. In recent articles, I focused on three w...
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How retired homeowners can avoid running out of moneyJan 21, 2017 5:00 am - The combination of increased longevity and declines in the coverage of defined benefit pension plans means that, increasingly, retirees risk running out of money because...
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Keep Fannie Mae and Freddie Mac until they are no longer neededJan 13, 2017 4:00 am - In September 2008, Fannie Mae and Freddie Mac were placed in a federal governmental conservatorship. The crisis-induced rise in mortgage defaults had eroded their capita...