Fallout risk — A type of mortgage pipeline risk that is generally created when the terms of the loan to be originated are set at the same time as the sale terms are set. The risk is that either of the two parties, borrower or investor, fails to close and the… … Financial and business terms
fallout risk — A type of mortgage pipeline risk that is generally created when the terms of the loan to be originated are set at the same time the sale terms are established. The risk is that either of the two parties, borrower or investor, fails to close and… … Financial and business terms
fallout — n. 1. the radioactive particles that settle to the ground after a nuclear explosion. Syn: radioactive dust, radioactive fallout. [WordNet 1.5] 2. the falling to the ground of radioactive particles lifted into the atmosphere by a nuclear explosion … The Collaborative International Dictionary of English
headline risk — (HED.lyn risk) n. The risk associated with something or someone that has the potential to generate an excessive amount of negative publicity. Example Citations: In terms of headline risk, this was a regrettable week for both Janus and Qwest two… … New words
A Nation at Risk — A Nation at Risk: The Imperative For Educational Reform is the title of the 1983 report of American President Ronald Reagan s National Commission on Excellence in Education. Its publication is considered a landmark event in modern American… … Wikipedia
Mortgage Fallout — A term used to describe the percentage of loans that do not close in a mortgage originator s pipeline. Mortgage originators adjust the fallout assumptions used in their hedge ratios as interest rates change relative to the loans they have in… … Investment dictionary
Borrower fallout — In the mortgage pipeline, the risk that prospective borrowers of loans committed to be closed will elect to withdraw from the contract. The New York Times Financial Glossary … Financial and business terms
Investor fallout — In the mortgage pipeline, risk that occurs when the originator commits loan terms to the borrowers and gets commitments from investors at the time of application, or if both sets of terms are made at closing. The New York Times Financial Glossary … Financial and business terms
borrower fallout — In the mortgage pipeline, the risk that prospective borrowers of loans committed to be closed will elect to withdraw from the contract. Bloomberg Financial Dictionary … Financial and business terms
investor fallout — In the mortgage pipeline, risk that occurs when the originator commits loan terms to the borrowers and gets commitments from investors at the time of application, or if both sets of terms are made at closing. Bloomberg Financial Dictionary … Financial and business terms
