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HungryAgents.com Reports Areas of Real Estate Activity Around the Country
Competitive Real Estate Commissions Create Hotbeds of Real Estate Activity Across the US.
Americas Watchdog Blasts The US Congress for Not Requiring Banks & Mortgage Bankers To Disclose A Huge Mortgage Kickback Called A Yield Spread Premium
As Congress considers mortgage reform, Americas Watchdog and its National Mortgage Complaint Center are demanding that mortgage bankers and banks be required by Congress to disclose a huge mortgage kick back called a "yield spread premium". The problem: the biggest campaign donations to the US House of Representatives and the US Senate Banking Committees, come from banks, mortgage bankers and home builders acting as mortgage lenders. What is a yield spread premium? A yield spread premium is a kick back banks and mortgage bankers get for inflating a consumers interest rate/monthly mortgage payment. Banks and mortgage bankers do not have to disclose these kick backs even though they get them. Mortgage brokers do have to disclose this fee.
HungryAgents.com Launches Web Page with Interactive Real Estate Commission Savings Calculator for Salt Lake City Home Sellers and Buyers
Salt Lake City REALTORS® are currently discounting fees to area homebuyers and sellers in order to gain a competitive advantage. Salt Lake City home sellers’ total commissions now average less than 4.34% on HungryAgents.com and buyer’s agents are rebating over a third of their commissions on average.
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