(DOWNLOAD) "Mcmahon v. Superior Court of Los Angeles County" by California Court of Appeals # eBook PDF Kindle ePub Free
eBook details
- Title: Mcmahon v. Superior Court of Los Angeles County
- Author : California Court of Appeals
- Release Date : January 07, 2003
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 74 KB
Description
This case, an appeal from a grant of summary judgment, involves the validity of a yield spread premium (YSP) (a rebate paid to a mortgage broker by a lender) on a Federal Housing Administration (FHA) insured loan that has a cap of 1 percent on the loan origination fees that may be directly charged to the borrower. We conclude payment of a YSP does not violate the applicable regulations and therefore did not violate a provision in Byarss deeds of trust requiring compliance with United States Department of Housing and Urban Development (HUD) regulations.
 "Mcmahon v. Superior Court of Los Angeles County" by California Court of Appeals # eBook PDF Kindle ePub Free){kind=link}