Tuesday, April 10, 2007

The Great Debate

There are many opinions on ways to curb the abuse of YSP or Yield Spread Premium as suggested in the article "Dealing with yield-spread premium abuse" published by Bankrate.com. In my opinion an originator who isn't skirting around YSP is a good find. Unfortunately until reform can be made the burden has fallen upon the borrowers to become better educated.