Jack M. Guttentag The Mortgage Professor

Should Lenders Be Responsible for a 'Tangible Net Benefit'?

2007-12-11 02:17:41

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Preventing YSP Abuse: Part II

2007-12-08 10:34:00

An objective of The Mortgage Reform and Anti-Predatory Lending Act is to stop YSP (yield spread premium) abuse. Can it? ...Read full article

YSP Abuse: How Can It Be Eliminated? Part I

2007-12-01 00:08:00

With yield spread premiums, the challenge is to eliminate opportunistic pricing without eliminating rebates. ...Read full article

The Home Ownership Accelerator: A Close Look

2007-11-21 11:18:51

Find out the many uses of the HOA, from a deposit account to a line of credit to a permanent mortgage. ...Read full article

Predatory Servicing: The Problems and Remedies

2007-11-10 00:32:00

A way of controlling predatory servicing would be to identify predatory practices and make them illegal. Here are some. ...Read full article

Wholesale Mortgage Prices: What Are They Good For?, Part Two

2007-10-31 00:52:00

If borrowers know the wholesale price of their loans, they know the retail markup. This is useful when loan shopping. ...Read full article

Wholesale Mortgage Prices: What Are They Good For?

2007-10-24 10:52:15

Wholesale data can protect you against price escalation between the day you are quoted a price and the day it’s locked. ...Read full article

Loan Modification, Part Two: Benefits of Shared Price Appreciation

2007-10-17 00:26:00

Borrowers requesting loan modification who have a lot of equity can gain from pledging a share in future appreciation. ...Read full article

Loan Modification: What You Should Know, Part One

2007-10-12 23:23:00

Home owners faced with foreclosure should request a loan modification. Here's what they should consider in the process. ...Read full article

Your Mortgage Questions Answered

2007-10-03 00:06:00

Here's info including whether you should stop payments if you plan to sell and what you should do about tax errors. ...Read full article

Your Mortgage Payments: A Primer

2007-09-26 00:49:00

Borrowers can be hazy on the details of their payments. Here’s what can happen with a $100,000 mortgage at 6 percent. ...Read full article

What Can the Mortgage Industry Learn From the Travel Industry?

2007-09-22 00:00:00

Why is service quality in the travel tour industry so much higher than in the mortgage industry? ...Read full article

Do All Lenders Offer No-Cost Mortgages?

2007-09-12 00:10:00

While other lenders offer a no-cost version of Bank of America’s no-fee mortgage, it may cost more than it first appears. ...Read full article

ARM Borrowers: Don't Keep Your Heads in the Sand

2007-09-05 00:43:00

You can't know exactly what your ARM rate will be when it adjusts, but you can know what it would be if it adjusted now. ...Read full article

Does the Subprime Market Reduce Home Ownership?

2007-08-29 00:14:00

The Center for Responsible Lending says the subprime market causes a net loss in ownership. This claim deserves scrutiny. ...Read full article

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