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georgia general assembley: The Attack on Yield Spread Premium Goes Mainstream - 03/30/09 02:59 PM
The Georgia General Assembly have completely lost their minds? Reference SB 57
OUTLAWING YIELD SPREAD PREMIUM WILL NOT HELP WHAT YOU MAY THINK IT WILL HELP. I typed in all caps because it's obvious you have not been able to see it in the past.
I don't know how many times I have to say this until every math deficient person on the planet gets it: Yield Spread Premium DOES NOT INCREASE INTEREST RATES. Greedy loan officers do and it doesn't matter if they work at the bank, the lender, a broker, or your mamma's house.
For example: Today I can … (9 comments)

 
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Ken "Yes You Can" Cook

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