If they are a true correspondent (they are closing a loan in their own name using their own money and selling the loan to an investor in a secondary market mortgage transaction), then yes, the spread that they may earn on the sale of the loan is not a YSP and need not be disclosed because secondary market transactions are excluded from coverage under RESPA.

YSP's are not finance charges and that is why they are not treated as such.  YSP's should be entered in the Premiums section of the worksheet as paid to broker (premiums are by definition treated as paid by the lender). 

We have a State Specific Disclosure Matrix that lists the disclosures for each state here. You may obtain the disclosures by running a DocMagic sample worksheet containing the parameters for these forms, as noted under the "Rules" column of the disclosure matrices. To process a free sample loan package using DocMagic Online or DocMagic for Windows, enter "SAMPLE" as the borrower's last name.

Many customers confuse the Fannie Mae Points and Fees (5%) test with the Fannie Mae HOEPA test.  The Fannie Mae Points and Fees test is listed here and the Fannie Mae HOEPA test is listed here.

CA high cost and Section 32 do not apply to non-owner occupied properties; however, the Fannie Mae test applies to non-owner occupied properties. 

You answer may be found on our New York High Cost Memo here.

Please check out our Wet/Dry Settlement matrix here.

The document preparation matrix that we prepared may be of assistance to you.  You can access it from here.