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A Consumer's Guide to Mortgage Refinancing

This booklet was prepared in consultation with the following organizations: 

  • American Bankers Association 
  • Appraisal Institute 
  • Comptroller of the Currency 
  • Consumer Federation of America 
  • Credit Union National Association, Inc. 
  • Federal Deposit Insurance Corporation 
  • Federal Home Loan Mortgage Corporation 
  • Federal National Mortgage Association 
  • Federal Reserve Board's Consumer Advisory Council 
  • Federal Trade Commission 
  • Independent Bankers Association of America 
  • Mortgage Bankers Association of America 
  • Mortgage Insurance Companies of America 
  • National Association of Federal Credit Unions 
  • National Association of Home Builders 
  • National Association of Realtors 
  • National Credit Union Administration 
  • Office of Special Adviser to the President for Consumer Affairs 
  • Savings and Community Bankers of America 
  • The Consumer Bankers Association 
  • U.S. Department of Housing and Urban Development 
  • Veterans Administration 
  • The Federal Reserve Board and the Office of Thrift Supervision 

_________________________________

Table of Contents

Introduction 

The Benefits and Responsibilities 
of Franchise Ownership

Costs

Controls

Terminations and Renewal

Before Selecting a 
Franchise System

Your Investment

Your Abilities

Your Goals

Selecting a Franchise

Demand

Competition

Your Ability to 
Operate the Business

Name Recognition

Training and Support Services
Frachisor Experience

Franchise Expositions

Comparison Shop

Avoid High Pressure Tactics

Investigating Franchise 
Offerings

Terminations Training 
Advertising

Current and Former 
Franchisees

Financial History

Additional Sources

 

Source:  Federal Trade Commission

 

 

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