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Origination

   Also found in: Dictionary/thesaurus, Medical, Legal, Idioms, Wikipedia 0.01 sec.
Origination
The making of mortgage loans.

Origination
The act of making a mortgage loan. Origination is usually a rather lengthy process, as it requires the lender to investigate the borrower's risk, negotiate the terms of the loan and agree upon a loan amount. It is also called loan origination. See also: Origination fee.


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Dallas-based MRG Document Technologies (MRG), a provider of mortgage technologies to banks, credit unions and other lenders, announced that its MIRACLE Online electronic document-preparation and compliance software has been fully integrated with West Palm Beach, Florida--based OpenClose's Web-based, end-to-end loan origination software, LenderAssist[TM].
TruHome Solutions LLC has announced a 20 basis point discount off its mortgage origination fees for all loans funded in September and October.
The financial sky may be falling, but the number of senior housing/healthcare borrowers initiating loan origination requests with Cambridge Realty Capital Companies remained on an even keel in August, the company reports.
 
 
 
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