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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
 Contract
Mortgage pipeline
Mortgage
Pipeline
Risk
Will
 
 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 possibility that we may fail in the struggle ought not to deter us from the support of a cause we believe to be just. - Abraham Lincoln

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