Fallout risk

 

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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 the loan "falls out" of the pipeline.



Fallout risk

Similar Matches

Borrower fallout

Borrower fallout

In the mortgage pipeline, the risk that prospective borrowers of loans committed to be closed will elect to withdraw from the contract.


Investor fallout

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.




 
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