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pipeline risk |
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pipeline risk A slang expression for the risk a lender takes when it makes a loan commitment at a certain interest rate,but knowing that before the loan closes interest rates might increase. Pipeline Risk The lender's risk that, between the time a lock commitment is given to the borrower and the time the loan is closed,interest rates will rise and the lender will take a loss on selling the loan. See Locking the Loan/Cost of Locking to Lenders. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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