Comments on: What Is Yield Spread Premium and What’s Wrong With It, If Anything? http://truthfullending.com/what-is-ysp/ Anything and everything Thu, 12 Apr 2012 02:18:08 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Anonymous http://truthfullending.com/what-is-ysp/#comment-1585 Anonymous Fri, 12 Mar 2010 22:22:28 +0000 http://truthfullending.com/what-is-ysp/#comment-1585 The analagy in the previouse post is clearly flwed and so is the loan agent's career who wrote it I am sure. Real estate sellers disclose their price to a buyer before the buyer even walks in the door. There is no last minute slight of hand and hope form a seller that the buyer never realizes they increased the price of the house. Your analagy is flawed. There is now shady prcing going on that the buyer may never even know they paid. The analagy in the previouse post is clearly flwed and so is the loan agent’s career who wrote it I am sure.

Real estate sellers disclose their price to a buyer before the buyer even walks in the door. There is no last minute slight of hand and hope form a seller that the buyer never realizes they increased the price of the house.

Your analagy is flawed.

There is now shady prcing going on that the buyer may never even know they paid.

]]> By: Olen http://truthfullending.com/what-is-ysp/#comment-1393 Olen Fri, 08 May 2009 21:32:24 +0000 http://truthfullending.com/what-is-ysp/#comment-1393 How in hell can people be bitching about the 1-3% yield spread, that raises an interest rate by about half that much...when sellers routinely add their 6-7% real estate commission ON TOP of the sale price rather than paying it as an expense from the proceeds they get to pocket? No matter how you look at it, the buyer's mortgage or down payment costs are increased by the amount of that commission because there is enough flexibility in the appraised value to add the commission to the price. If you insist on calling mortgage lenders and brokers "whores", than at least acknowledge that home sellers and real estate brokers are "pimps"! How in hell can people be bitching about the 1-3% yield spread, that raises an interest rate by about half that much…when sellers routinely add their 6-7% real estate commission ON TOP of the sale price rather than paying it as an expense from the proceeds they get to pocket? No matter how you look at it, the buyer’s mortgage or down payment costs are increased by the amount of that commission because there is enough flexibility in the appraised value to add the commission to the price. If you insist on calling mortgage lenders and brokers “whores”, than at least acknowledge that home sellers and real estate brokers are “pimps”!

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