Jack Guttentag, Emeritus Professor Wharton School of Business
Segment 1
Year to date home sales; Montecito & Hope Ranch: Only Montecito
What’s in escrow over a million dollars
“Looking for new owner, house includedâ€
Segment 2
Jack Guttentag, Emeritus Professor Wharton School of Business
Jack’s first lending experience: 1927
1934: FHA
1939: Fannie Mae
Freddy Mac joins the party much later
Standards altered by Congress
Segment 3
Jack Guttentag, Emeritus Professor Wharton School of Business
The Home Mortgage Market is not over-regulated, it’s badly regulated
Using the Agencies to Fix Market Dysfunction:
Shift who pays for Lender Title Insurance
Make Appraisals Portable
Segment 4
Weekly Multiple Listing Update
