Wholesale Lender Email Reveals The Yield Spread Premium Lie!
Wednesday, March 7th, 2007More Evidence Revelas the Yield Spread Premium Lie Is Real!
So as you may know my pet peeve of the mortgage industry is Yield Spread Premium (YSP) overcharging.
What is YSP overcharging?
It is how the mortgage industry makes big ‘hidden” bucks by lying to borrowers about mortgage rates…closing 90% of all loans at rates higher than required.
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Original post by rkblake