Payments to brokers don’t always involve ‘steering’

Part 1 of 2: Let borrowers control yield spread premiums
Published on Dec 3, 2007

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by CareyBot

(This is Part 1 of a two-part series.) The Mortgage Reform and Anti-Predatory Lending Act of 2007 (HR 3915) is now winding its way through Congress. According to the bill’s sponsor, Rep. Barney Frank, D-Mass, one of its important objectives ...