Borrower Fallout

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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.

Fallout Risk

In mortgages, the risk that a potential borrower (that is, a property buyer) will withdraw from the deal before it is finalized. Banking regulation requires that banks offering a given interest rate hold that rate for 60 days, during which the potential borrower is under no obligation to actually take out the mortgage loan. During that time, the bank usually makes preparations to sell the mortgage as a mortgage-backed security or as some other investment vehicle. If the potential borrower withdraws during those 60 days, the bank is exposed to the risk that it will lose out on the return it could have made from the MBS or other investment vehicle. Fallout risk is also called borrower fallout.

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Additional Hedge Fallout Fallout Risk			However, early lock-ins increase hedging costs due to both higher levels of borrower fallout and more declines from wholesale lenders. Weathering dreary conditions by Schneider, Howard / Mortgage Banking As a result, lenders save hundreds of dollars per loan and shorten loan cycle times -- reducing borrower fallout in the process -- while delivering a better closing experience for their customers. Fueled by Record Growth, BridgeSpan Announces Expansions to Staff, ... by Business Wire A company specific fallout number is extremely important given variations among companies in their product mix, ability to recapture borrower fallout and wholesale versus retail fallout experience. Interest rate risk proposals mean increased capital by Vidal, Vicki / Mortgage Banking			Boondoggle Booster Shot Booster Shot Report boot Boot Disk Booth Booths Bootstrap Bootstrap Acquisition bootstrap financing Bootstrapping BOP Bora Borax Border Border Cargo Selectivity Border Environment Cooperation Commission Border Tax Adjustment Bordereau Borderline Risk boring tests Borrow Borrowed Funds Borrowed Reserves Borrower Borrower Fallout Borrowing Authority of Pension Benefit Guaranty Corporation Borrowing Base Borrowing Costs Borrowing Power Borrowing Power of Securities Borsa Borsa di Wall Street Borsa Italiana Borse Borsengehandelte option Borsenparkett Bosnia and Herzegovina Convertible Mark Boston Consulting Group Boston Equity Exchange Boston Exchange Automated Communication Order-Routing Network Boston Option Boston Options Exchange Boston Stock Exchange BOT Both to Blame Clause Bottle Hanger Bottleneck Bottom bottom feeder Bottom Fisher			Borrowdale Borrowdale Volcanic Group Borrowdale, Cumberland borrowed borrowed borrowed borrowed borrowed Borrowed Days Borrowed Funds borrowed light Borrowed Military Manpower Borrowed Money Borrowed Personnel Borrowed Reserve Borrowed reserves borrowed servant doctrine borrowed time borrowed trouble borrowed trouble borrowed trouble borrowed trouble Borrowed word borrower borrower borrower borrower borrower Borrower Fall Out Borrower Fall-Out Borrower Fallout Borrower Paid Mortgage Insurance Borrower Protection Plan borrower's card Borrower-Based Academic Year borrowers borrowers borrowers borrowers borrowing borrowing borrowing borrowing borrowing borrowing Borrowing (linguistics) Borrowing and Lending Securities Scheme Borrowing Authority of PBGC Borrowing Authority of Pension Benefit Guaranty Corporation Borrowing Base borrowing cost borrowing cost Borrowing Costs Borrowing Costs borrowing days borrowing limit borrowing power Borrowing Power of Securities Borrowing Requirement, Public Sector borrowing trouble borrowing trouble

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