Tag Archives: Mortgage Broker Compensation
Looking Back at 2009
The $8000 first time home buyer tax credit that didn’t have to be paid back is introduced. Foreclosures declined but short sales were on the rise. Stated income loans went away, making it difficult for self-employed income borrowers to get a new mortgage. New mortgage guidelines tightened up. Large investors (unless they are cash buyers) [...]
Post Tagged with 1st Time Home Buyer, 1st Time Home Buyer Tax Credit, 6500 Credit, 8000 credit, Applying for a mortgage, Difficult to Get a Mortgage, Federal Reserve Board, FHA, FHA Rules Changing, First Time Home Buyer, First Time Home Buyer Tax Credit, Getting a Mortgage, GFE, Good Faith Estimate, Home Valuation Code of Conduct, HVCC, MDIA, Mortgage Broker Compensation, Mortgage Disclosure Improvment Act, Mortgage Industry, Move-Up Home Buyer, New Mortgage, Repeat Home Buyer, RESPA, Stimulus Package, Tax Credit, The Kunselman Team, Tighter Guidelines, Tips to getting a good mortgage, Truth In Lending Disclosures, Yield Spread Premium, YSP
- January 21, 2010
- / Category Know Your Mortgage, Mortgage Industry, News, Real Estate Industry, Understanding Your Mortgage
- / Posted By Mortgage Master Luke
- / No Comments.
What is Yield Spread Premium and Why is it Beneficial?
Today’s “Know Your Mortgage” article is going to cover Yield Spread Premium or YSP. This is becoming a hot topic in the news right now because the Federal Reserve has purposed a new rule that would make it illegal for banks to pay yield spread to any loan originator. This rule, if passed will have [...]
Post Tagged with Federal Reserve Board, Mortgage Broker Compensation, Mortgage Interest Rates, The Kunselman Team, Yield Spread Premium, YSP
- September 28, 2009
- / Category Know Your Mortgage, Mortgage Industry, News, Real Estate Industry, Understanding Your Mortgage
- / Posted By The Kunselman Team
- / 1 Comment.
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