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mortgage broker yield spread premium: Working the Spread - How Originators are Compensated and the Truth about YSP. - 01/01/08 08:18 PM
More good news! It’s about time we started saying it. Our industry has taken an image beating in 2007. I’ve just launched www.whyamortgagebroker.com. I’ve tried to make it a site about facts, not sales.
I’d like to explain how loan originators get paid. There are a few white hot buzz words in the media that appear in every story about the mortgage industry. Among those are “Sub-Prime,” “Meltdown” and “Yield Spread Premium” or YSP. Since the wicked mortgage brokers who steer good people into sub-prime loans are in search of a fat paycheck in the form of YSP, we are … (1 comments)

 

Greg Fischer

Concord, NH

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Greg Fischer

Address: 116 S River Rd Bldg E, Bedford, NH, 03110

Office Phone: (603) 935-5904

Cell Phone: (603) 365-0901

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A Mortgage Broker explains how the systems work, what we do and how we do it.


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