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CLO

   Also found in: Acronyms, Encyclopedia, Wikipedia, Hutchinson 0.02 sec.
CLO

computerized loan origination (CLO)

A computerized network of major lenders that uses artificial intelligence to evaluate loan application data entered online by agents and determine loan eligibility and terms.HUD has approved the procedure as long as there is full disclosure of the fee,multiple lenders are displayed on the screen to give borrowers freedom of choice,and the fee charged is a dollar amount rather than a percentage of the loan.



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Chicago, IL), the publisher of Certification Magazine and IT Contractor, will begin the publication of CLO (Chief Learning Officer) with an issue in September.
The potential hitch in this hypothesis was the general rarity of atmospheric ClO molecules.
Derivative Fitch has rated 100 public and private TRR CLO mezzanine tranches originally rated 'BBB+', 'BBB' or 'BBB-' since 1996.
 
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