originate

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originate

To make; all the steps necessary to attract a potential borrower,process a loan request, prepare all necessary paperwork,and place the loan on the books of the lender.

References in periodicals archive ?
In other words, a payment originates in the domestic currency, undergoes a foreign-exchange conversion at the border, and is received by the beneficiary in his or her national currency denomination, as derived from the foreign-exchange conversion.
Unlike banks and thrifts that originate loans with the intent of holding them over the long term, the mortgage banking industry originates loans and then sells them to a secondary market--retaining the right and obligation to service the loans.
Lendia, one of the country's few mortgage-related companies that provides services and loan products, offers value to banks, mortgage brokers, credit unions and any other companies in the financial industry that originates mortgages.
The company services all loans that it originates as well as loans for institutional investors.
Prudential Mortgage Capital Company, a national full-service, commercial and multifamily mortgage finance business, originates loans for Fannie Mae DUS(TM) financing and FHA-insured programs, the capital markets, Prudential's general account, and other institutional investors.
Utilizing the resources of AMAC's advisor, CharterMac (NYSE:CHC), AMAC intends to originate and acquire first mortgage loans, subordinated interests in first mortgage loans and bridge loans, in addition to the traditional mezzanine loans that AMAC originates.