Tag Archives: YSP
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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