The only people who oppose Yield Spread Premium from lenders (like me) to brokers (like some of you) are people who have no idea what the difference or similarities are to how lenders are paid and brokers are paid. They also seem to lack the ability (or desire) to understand how YSP is, has been and can be used to benefit the borrower. YES! It has been abused but so has fried chicken and beer. Do you want fried chicken and beer made illegal just because some fool ate too much and drank too much? Or what about sex - it is abused more often than YSP. Would you like sex outlawed so nobody gets any?
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