[Michael I]

I have also seen this happen many times. In fact, I have had Brokers willing to cut commission to cover the Fees from the Underwriting. Unfortunately a lot of brokers think that these "fees" are to pad the pockets of the funders but in truth they are used to offset defaults which allows (at least in our case at YSC) to keep offering the deals that most others would never fund and definitely not for the amount of money we do.

andy what are the official fees at yellowstone ? correct me if i am wrong but it seems each rep decides what they want to put on it . I have seen fees as low as 2% and as high as 15% on your contracts