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Jack Guttentag, an economist, finance professor and consumer advocate known to many readers over the years as the “Mortgage Professor,” has died at the age of 100.
Guttentag, a former Inman writer, “always remained sharp” and continued to research and write about mortgages until his peaceful death on February 6. Alan Redstone told Wharton School of Business, University of Pennsylvania.
Hello Join the teaching team He studied at the Wharton School in 1962 and served as an artillery observer in the Army during World War II. He later obtained master’s and doctorate degrees in economics from Columbia University and served as director of the Domestic Research Department of the Federal Reserve Bank of New York.
After more than three decades of teaching at the Wharton School, Guttentag began a second career as a mortgage professor, which included a nationally syndicated newspaper column, a website and the Upfront Mortgage Brokers Association (a nonprofit organization that connects consumers with mortgages) Brokers who agree to be transparent about their fees and act in the best interests of borrowers.
In addition to writing columns and articles for his newspaper Mortgage Professor WebsiteGuttentag was the managing editor of the Journal of Finance in the 1970s and the Housing Finance Review in the 1980s, and is the author of The Pocket Mortgage Guide and The Mortgage Encyclopedia.
1985 年，當他還是華頓商學院的教員時，他與同事Gerald Hurst 成立了GHR Systems Inc.，這是一個全國性的電子網絡，貸款機構利用該網絡向信貸員和消費者提供複雜的抵押information.
He has also served as a consultant to government agencies and private financial institutions, including the Department of Housing and Urban Development, USAID, Freddie Mac, Citibank, Dominion Bancshares, the World Bank and J.P. Morgan Securities.
Guttentag’s interest in reverse mortgages as a resource for seniors led him to work with Redstone to develop one retirement fund aggregator Launching in 2021, the tool is designed to help retirees combine three sources of retirement income: stocks, annuities and HECM reverse mortgages
“He’s brutally honest and has the most integrity of anyone I’ve ever met,” Redstone told Wharton. “If he thought a policy issue was harmful, he would bring it out unabashedly. He raised He knows what he thinks is the right answer and will pursue it tenaciously.”
Guttentag’s son, Adam, is a radiologist and professor at Vanderbilt University Medical Center. Bill, film director and lecturer at Stanford University’s Graduate School of Business; their spouses, grandchildren, and great-grandchildren.His wife preceded him in death. Doris Guttentagdied in 2017 at the age of 90.
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