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Mortgage Professor about yield spread: 
A Better Approach to Yield Spread Premiums?
April 22, 2002 "I read recently that HUD is not going to adopt proposals for requiring effective disclosure of yield spread premiums. Is there any other way of dealing with the problem that doesn?t involve throwing out the baby with the dirty bathwater?" There is ... more...

Commitment of an Upfront Mortgage Broker (UMB)
July 26, 2000, Revised July 16, 2004, Revised November 10, 2004 1.     The broker will be the customer's representative or agent, and will endeavor to act in the best interests of the customer. 2.     ... more...

yield spread related definitions

Jumbo Loan
Jumbo Loan A loan that is larger than the limits set yearly by Fannie Mae and Freddie Mac ($359,650 as of 1/1/2005). Because jumbo loans cannot be funded by these two agencies, jumbo loans usually carry a higher interest rate. Also called a non-conforming loan. For Alaska, ... more...

Truth-In-Lending, TILA
Truth-In-Lending A federal law requiring disclosure of the Annual Percentage Rate to home buyers shortly after they apply for the loan. Also known as Regulation Z and Truth-In-Lending-Act (TILA). Requires disclosures about its terms and cost and gives consumers the right ... more...

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Get Free yield spread Quotes and Estimates

Get instant on-line mortgage rate quote and closing cost estimate. Only put your loan numbers. No contact info required. Compare offers from top mortgage lenders... more...

Car Loans For People With Bad Credit - Points To Consider
Car loans are a real possibility for people with bad credit and often a huge step in rebuilding ones credit score. Before you apply for vehicle financing, check your credit report and shop with several lenders. Also, remember that you can refinance for better rates once your credit score has ... more...

Network Marketing Training- Secrets to MLM Success- part 2- The Holiday Letter
In network Marketing, with the Holiday Season approaching, there are so many chances to start a conversation with someone and recruit them for the Holidays. But it has to be done right! Many times you can have a great chance to communicate about your mlm business during the holidays, and blow it ... more...

Government Student Loan Consolidation The Basics
As more students now pursue their studies and carriers, school and college fees have also increased. As a result, most students have huge student loans by the time they complete their studies. Government student loan consolidation offers an option which may reduce the burden of several loans with ... more...

Tracking Down Cheap Debt Consolidation Loans
In the modern world of expensive living and high interest rates, it might seem nearly impossible to find cheap debt consolidation loans. If you're one of the people who desperately need one of these loans then there's a good chance that you have less-than-wonderful credit meaning that you've ... more...

Debt Consolidator Services Online
If credit cards, car loans, a mortgage payment and/or student loans are starting to put you in a financial strain with high interest rates and payments that exceed your budget, then it may be time to consider debt consolidation. No longer do you need to spend a lot of time and energy visiting ... more...

All About Secured Loans
A secured loan is a loan agreement in which the borrower pledges property as surety for the loan; hence they are also known as homeowner loans. If the borrower continually defaults on loan repayments, the lender may take action to reclaim the debt including selling the property.Advantages and ... more...

Home Seller Your Home Didn't Sell What Now?
1)Price it Right Far and away above any other consideration is the price. The worst home in the worst area at the right price will sell. Get your head out of the clouds, as a seller its just another house.2)Hire the Right Agent Interview 2 to 3 agents, hire the one who uses the most tools to ... more...

An Introduction to Futons
Futons have been a fixture of college students dorm rooms and other urban living settings for decades. Futons are stylish, functional, and versatile; they can be integrated into nearly any setting. Futon beds are lightweight and simple, providing sleepers with a comfortable place to rest.What ... more...

Hurricanes Katrina and Rita Expose Gapping Flaws In The Casino Gaming Laws
Without getting into a moral or religious battle about the pros and cons of Casino gambling, it is clear something is terribly wrong with the gambling laws as they exist in many parts of the Country.Hurricane Katrina Destroyed all the Casino's along the Golf Coast along the Louisiana, Mississippi ... more...

Point Of Sale Systems: How to Choose One Thats Right for Your Business
A point of sale (POS) system can have a dramatic impact on the way you run your business -- and on your bottom line. Choosing the right one requires careful planning.Here are some of the things you need to think through to make a good decision when selecting POS equipment and systems for your ... more...

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