Real estate blog entries tagged with ysp by Billy J. Carroll, Jr. BSBA (Bullard Homes, Inc.)

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Home : Blogs : Billy J. Carroll, Jr. BSBA : Billy's Blog : Tag "ysp"

ysp: NAMB Calls Passage of H.R. 3915 a Victory for Consumers and Small Business - 11/18/07 10:32 PM

McLean, Va. - November 15, 2007 - The National Association of Mortgage Brokers (NAMB) today applauded the House of Representatives for passing H.R. 3915, the "Mortgage Reform and Anti-Predatory Lending Act of 2007 and lauded the preservation of mortgage originator compensation through the Yield Spread Premium as a victory for borrowers and small businesses.
"The yield spread premium is a legal payment paid by a lender to a mortgage broker and it is an integral tool used by mortgage brokers to offer borrowers flexibility in the amount of cash they will need in order to close on a home loan," said NAMB … (4 comments)

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Billy J. Carroll, Jr. BSBA

Ocean Springs, MS

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Bullard Homes, Inc.

Address: 14507 LeMoyne Blvd, Biloxi, MS, 39532

Office Phone: (228) 392-2094

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