Mortgage pipeline

Mortgage pipeline

The period from the taking of applications from prospective mortgage borrowers to the marketing of the loans.

Mortgage Pipeline

Informal; the process by which a mortgage lender conducts all due diligence, files all necessary paperwork, and generally makes preparation for a new mortgage. This includes investigating the potential borrower's credit history and determining whether making the loan is a good risk. See also: Mortgage-pipeline risk.
References in periodicals archive ?
Mortgage Markets is a business marketed by the National Housing Group with operations run off of the Specialty Finance Products Desk, and is currently engaged by seven state and local housing finance agencies to manage the mortgage pipeline risk associated with their programs.
Before his promotion to assistant vice president, he held the position of mortgage pipeline manager.
The society's mortgage pipeline, which relates to number of applications being processed, totals a record-breaking pounds 25.
Meanwhile, the quarter-end mortgage pipeline of $8.
As a subsidiary of Optimal Blue, this investment also includes Denver-based Secondary Interactive, a leading provider of mortgage pipeline risk management, best execution and loan allocation services and technology.
MCT is recognized as a leading company in the mortgage pipeline hedging marketplace and currently provides daily secondary support and hedging services to more than 50 clients.
Paragon added that the current financial year had started strongly, with the mortgage pipeline "significantly" ahead compared with a year earlier.
Mortgage brokers can view rate sheets, prequalify a borrower, submit loan files from their point-of-sale system, perform data product validation to detect errors earlier, view their mortgage pipeline and lock rates through a single Web site that can interface with their own Web site.
At month's end, the mortgage pipeline totaled $70 billion, down from $82 billion in June, but still the still the company's third-highest total.
Fitch also notes that the unclosed mortgage pipeline remains strong at $79 billion at the end of 1Q'12.
The acquisition and key hires broaden the capabilities of MountainView Securities, LLC in mortgage pipeline hedging and trading of fixed income securities, including mortgage-backed securities.