Senators want to ban Yield Spread Premium

Mortgage and Lending with Carolina Home Mortgage

Click on this link and read about how 17 Senators are urgung the Federal Reserve to ban YSP.



If YSP goes so does zero origination  National Association of Indepent Housing Professionals is fighting for you and the consumer.  We need to act NOW  Join this new association today!





Comments (1)

Charles Dailey
iLoan - NMLS ID#4474 - Saint Paul, MN

A lot of non-bank lenders don't seem to realize that they're includeing service release premium in this.  This will kill brokers and correspondents alike.

Jan 18, 2010 01:01 PM