Avoiding costly mortgage mistakes
Lenders could intervene, but many choose not to
By Jack Guttentag, Monday, October 26, 2009.
Flickr image by oddsock.Shortly after starting my Web site, I decided to add a feature on some of the common mistakes borrowers make, and how to avoid them. Today, there are about 100 mistakes on the list, and it continues to grow.
Recently, I decided to take another look at this list as I pondered a different question: Why do mortgage borrowers make so many mistakes, and are there changes in the system that would reduce them?
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