DEAR BOB: You are very unfair to us hard-working mortgage brokers. We do our best to provide home loan borrowers with honest "good-faith estimates." But it is the actual lenders who tack on the junk or garbage fees that you often discuss. Please stop blaming the mortgage brokers who shop the loan applications to find the best deal for our borrowers. We are often just as surprised as our borrowers at all the unnecessary fees that some mortgage lenders tack on to their loan charges – Bruce C. DEAR BRUCE: When you submit a borrower's loan application to an actual lender, and the lender replies with a loan commitment, doesn't it specify the junk or garbage fees, which the lender will insist upon receiving? Of course it does. Purchase Bob Bruss reports online. Also, do you always disclose to your borrowers that you will be receiving a "yield spread premium" kickback from the lender when you produce a mortgage with a higher-than-market interest rate? Mortgage brokers often perform...
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