Jack M. Guttentag The Mortgage Professor

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• Jack M. Guttentag
• The Mortgage Professor

Jack M. Guttentag, former Jacob Safra Professor of International Banking at the Wharton School of the University of Pennsylvania, has been a student of the home loan market for many years.

He has also served as a consultant to many government agencies and private financial institutions, including the Department of Housing and Urban Development, USAID, Freddie Mac, the World Bank, J.P. Morgan Securities, and many others. In addition, he was a director of the Federal Home Loan Bank of Pittsburgh and Guild Mortgage Investments as well as managing editor of both the Journal of Finance and the Housing Finance Review.

Throughout his career, Professor Guttentag has been concerned with the difficulties faced by consumers in the home loan market. In 1985, he founded GHR Systems, Inc., which developed a nationwide electronic network that lenders use to deliver complex mortgage information quickly to loan-officer employees, mortgage brokers, and consumers on the Internet.

Professor Guttentag began to focus his efforts more fully toward helping consumers navigate the home loan market effectively in 1997. He began writing a weekly nationally syndicated column on mortgages and developed The Mortgage Professor web site. Both are designed to help consumers make better home-buying decisions.

In 2000, in collaboration with several mortgage brokers, Professor Guttentag developed Upfront Mortgage Brokers (UMBs). Brokers who agree to do business in accordance with UMB principles, and who display these principles prominently on their web sites, are certified as UMBs.

Professor Guttentag's books include "The Pocket Mortgage Guide" (2003) and "The Mortgage Encyclopedia" (2004), both published by McGraw-Hill.