Processing


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Processing

Compiling and maintaining the file of information about the transaction, including the credit report, appraisal, verification of employment and assets,and so on.

Mortgage brokers usually process the loans they handle. The processing file is handed off to underwriting for the loan decision.

References in periodicals archive ?
Because of their unique microstructure and semi-solid processing conditions, SSM castings can be given that T-5 heat treatment and still retain their high as-cast ductility.
This is another method which can be used to predict the effects of variations in heat history from processing the rubber at different stages on the final scorch and cure properties.
Since implementing its Fast Track Hiring Process, however, the agency, in only 12 months, decreased application processing times an average of 40 percent.
Ferrous cores and core butts require processing through a stationary or mobile crusher, a common piece of equipment at quarries and at concrete recycling companies.

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