Mortgage-pipeline risk

The risk associated with taking applications from prospective mortgage borrowers who may opt to decline to accept a quoted mortgage rate within a certain grace period.

Mortgage-Pipeline Risk

In mortgages, the risk that the prospective borrower will decline a mortgage within a certain period of time. Many lenders agree to set the interest rate at the prevailing rate at the time the sale of the property closes. The lender is therefore exposed to the risk that the prevailing interest rate will fall between the time the agreement is reached and the closing of the sale. If the borrower declines the mortgage between that agreement and the close, the lender will have lost the potential gain from the higher interest rate. See also: Reverse Price Risk.

单词	mortgage-pipeline risk
释义	Mortgage-pipeline risk Mortgage-pipeline risk The risk associated with taking applications from prospective mortgage borrowers who may opt to decline to accept a quoted mortgage rate within a certain grace period. Mortgage-Pipeline Risk In mortgages, the risk that the prospective borrower will decline a mortgage within a certain period of time. Many lenders agree to set the interest rate at the prevailing rate at the time the sale of the property closes. The lender is therefore exposed to the risk that the prevailing interest rate will fall between the time the agreement is reached and the closing of the sale. If the borrower declines the mortgage between that agreement and the close, the lender will have lost the potential gain from the higher interest rate. See also: Reverse Price Risk.
随便看	commander, joint task group commander, joint unconventional warfare task force commander keen commander, kosovo force commander, land forces commander, landing force commander landing force surgeon commander, light attack wing pacific commander, logistics group western pacific commander logistics western pacific commander, marine corps air bases commander, marine corps air bases, eastern area commander, marine corps air bases western area commander, marine corps air bases, western area commander, marine corps forces commander, marine corps materiel command commander, marine corps systems command commander marine force atlantic commander marine force southwest asia commander marine forces south asia commander maritime air central atlantic sub-area commander, maritime air central atlantic sub-area commander maritime air eastern atlantic area commander maritime air forces mediterranean commander maritime air forces north