Mortgage pipeline
The period from the taking of applications from prospective mortgage borrowers to the marketing of the loans. ...
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.
Related Terms: ...
In the mortgage pipeline, an additional hedge placed in tandem with the forward or substitute sale.
Option premium
The option price.
[EPA] additional hedge A protection against borrower fallout risk in the mortgage pipeline. [Harvey] additional settlement obligation (ASO) NYCHA loss-sharing arrangement to ensure that CHIPS settles even if a participant fails.
Additional hedge A protection against fallout risk in the mortgage pipeline. Adequacy of coverage A test that measures the extent to which the value of an asset is protected from potential loss either through insurance or hedging.
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.
Or, a type of mortgage pipeline risk created in the production segment when loan terms are set for the borrower in advance of setting terms for secondary market sale.
Additional hedge A protection against borrower fallout risk in the mortgage pipeline. Adjustable rate preferred stock (ARPS) Publicly traded issues that may be collateralized by mortgages and MBSs.
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.
BORROWER FALLOUT - In the mortgage pipeline, the risk that prospective borrowers of loans committed to ...
BOSTON EXCHANGE AUTOMATED COMMUNICATION ORDER-ROUTING NETWORK (BEACON) - This system permits the automa...
A type of mortgage pipeline risk that occurs when a lender commits to sell loans to an investor at rates prevailing at the time of mortgage application but sets the note rates when the borrowers closes.
Additional Hedge definition :
A protection against fallout risk in the mortgage pipeline.
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A protection against borrower fallout risk in the mortgage pipeline.
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Because the mortgage terms are set but the sale is not finalized, there is a risk that the transaction may not be completed. This represents a risk to the mortgage pipeline, as the loan may not be issued.
Mortgage pass-through security
Mortgage Payment Acceleration Program
Mortgage payment protection insurance
Mortgage payment protection insurance
Mortgage pipeline
Mortgage pool
mortgage provider
mortgage provider ...
Option not to deliver In the mortgage pipeline, an additional hedge placed in tandem with the forward or substitute sale. Option premium The option price.
 See also: Expense, Values, Banks, Yield curve, Exercise price
  
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