Request:  New forum topic "Kickbacks to Realtors"… 

 

Members of the National Association of Realtors used Yield Spread Premium to receive kickbacks from lenders.  Ask Realtors to return the kickbacks they collected on predatory loans.

 

You can find Yield Spread Premium on the settlement statement in your mortgage documents.  It will be listed as P.O.C. or paid "outside of closing."  This shows the dollar amount of the kickback your broker received for inflating your interest rate.