hmm i'm new here but hey fellas what is this? just had a first set of payments 1/7; received 7.28 and had an investor fee of 0.07. is this something that would show up for a primary note as well, or only secondary? does the ytm already take this into account? i was under the impression the only "fees" for a normally performing loan on the secondary market would be the 1% charged to the seller.
1% fee is taken from all borrower payments no matter how you acquired the note.
The 1% is pretty easy to do in your head when you see your overall days totals. If it doesn't work out to 1% then there may be collection fees.
An example I had recently.