Orelie

Yield Spread Premium (YSP).



by

The yield spread premium (YSP) is the difference between the interest rate a lender charges on a loan and the rate at which the loan is actually being sold in the secondary market. The YSP is paid by the lender to the mortgage broker as compensation for bringing in the business. What can YSP be … Read more

What is a current asset?



by

Current assets, also called current assets, are considered to be any liquid asset owned by the business before the end of each year, or any of the assets that are capable of being converted into money in the following 12 months. For all this, they are considered to be short-term current assets, and their set … Read more