We should be very grateful that the Fed officials don’t have to worry about re-election and pandering to the uninformed. Instead of running around characterizing lenders as evil just to suck up to voters, the Fed actually did a little homework. And in its study the fed discovered that, gawrsh, consumers actually don’t give a [...]
Tag Archives: yield spread premium
If You Can't Take The Heat….Don't Blog
Pretty funny. I was reading the post of yet another self-promoting so-called “advocate” denouncing YSPs and of course promoting his own service. Self-described “Mortgage Insider” Bob Blake claims that according to “the only YSP study worth quoting,” presumably because it supports his own views, the average YSP is 1.7% which (according to him) must [...]
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