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Politics & Religion / Re: Housing/Mortgage/Real Estate
« on: June 04, 2011, 04:04:34 PM »
That is VERY Funny!
Back in 2005, I was a paid business consultant, and was hired by a Mortgage company to analyze their turnover, sales and closure rate. I was floored to learn of the practices in the Banking industry, and am NOT surprised that it tanked. If you haven't heard of the dark secret of the Banling Industry called YSP (yearly spread premium) you need to, and you should understand it well.
Back in 2005, I was a paid business consultant, and was hired by a Mortgage company to analyze their turnover, sales and closure rate. I was floored to learn of the practices in the Banking industry, and am NOT surprised that it tanked. If you haven't heard of the dark secret of the Banling Industry called YSP (yearly spread premium) you need to, and you should understand it well.