Sentence examples for spread premium from inspiring English sources

Many borrowers had little idea of what a yield spread premium was, even when it was costing them money.

The most controversial was a "yield spread premium," paid by lenders when a broker placed a borrower in a loan that charged higher interest than other loans.

Between the broker's fee, the origination fee and something called a yield spread premium, the points on the new loan came to 6.3percentt.

He planned to tackle one of the mortgage brokerage industry's most abusive practices: the yield spread premium, by which banks paid lucrative bounties to mortgage brokers who found new clients.

The yield spread premium "is a payment from a lender to the broker in exchange for bringing the loan in at a higher interest than the borrower otherwise would have qualified for," Mr. Zinner said.

But the buyer had no inkling about the extra 2% finder's payment (called a "lender's rebate" or "yield spread premium") from the lender to the broker.

Congress finally outlawed yield spread premiums in July.

Subprime lenders in particular often used yield spread premiums.

Howell E. Jackson & Laurie Burlingame, Kickbacks or Compensation: The Case of Yield Spread Premiums, 12 Stan.

Yield spread premiums fueled the subprime frenzy, according to official post-mortems on the crisis.

Yield spread premiums are payments made to mortgage brokers by lending institutions based on the rate of interest charged on a borrower's loan, with higher interest rates producing higher yield spread premiums payments.