Borrower fallout

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

 Embedded terms in definition
Mortgage pipeline
 Related Terms
 Fallout risk
Investor fallout

<< Borrow Bottom line >>

Beware of fraud originating in phone messages and faxes: FDIC Consumer News has warned before about crooks who call or e-mail consumers and pretend to be legitimate companies or government agencies wanting people to "verify" or "resubmit" (divulge) confidential information such as bank account or credit card numbers as well as Social Security numbers, passwords and personal identification numbers. Here are variations to know about. More...

The greatest test of courage on earth is to bear defeat without losing heart. - Robert G. Ingersoll


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