[quote=flu]Yeah, I don’t quite get what the issue is. If you want to refinance, you can either get a loan with no out of pocket payments with rate X or if you want to pay closing costs and points, you can get rate Y where Y is less than X.
There’s nothing deceptive about this.[/quote]
The concept is simple, the execution historically has been fraught with deception and poor ethics.
YSP still clouds the issue for the end consumer and obscures how much is really being paid for services particularly when tagged with the above, IMO.
