- 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. 2012.
Borrower fallout
Look at other dictionaries:
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
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
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
Additional hedge — A protection against borrower fallout risk in the mortgage pipeline. The New York Times Financial Glossary … Financial and business terms
Non Performing Asset — means an asset or account of borrower, which has been classified by a bank or financial institution as sub standard, doubtful or loss asset, in accordance with the directions or guidelines relating to asset classification issued by The Reserve… … Wikipedia
Short (finance) — Schematic representation of short selling in two steps. The short seller borrows shares and immediately sells them. He then waits, hoping for the stock price to decrease, when the seller can profit by purchasing the shares to return to the lender … Wikipedia
Thornburg Mortgage — Infobox Company name = Thornburg Mortgage Inc. type = Public (nyse|TMA) genre = foundation = 1993cite web| title=About Us | url=https://www.thornburgmortgage.com/mortgage/loans/about/index.jsp | accessdate=2008 03 20 | publisher=Thornburg… … Wikipedia
Contingent commissions — is a term used in the American insurance industry for any kind of commission which is contingent upon some event occurring (instead of a commission paid on the sale itself). In the UK this form of payment is known as Overriders. Theoretically,… … Wikipedia
Early 1980s recession — The early 1980s recession was a severe recession in the United States which began in July 1981 and ended in November 1982.Krugman, Did the Federal Reserve Cause the Recession? , New York Times, April 1, 1991; National Bureau of Economic Research … Wikipedia
