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 ?
The nuclear fission chain reaction and radiation leak occurred when workers trying to cut corners by using buckets poured too much of the solution into a processing tank.
The accident and the following nuclear fission chain reaction occurred when workers poured an excessive amount of uranium solution into a processing tank using buckets, bypassing several required steps, prosecutors said.
Contract notice: The evaporator - the supply of steam generator with processing tanks.
The GDN reported in June last year on the ongoing "futuristic" expansion plans at the plant in Tubli, which included doubling its capacity to 400m litres of sewage a day, and removing unpleasant odours emitted during the wastewater treatment process through the installation of state-of-the-art processing tanks called "sequencing batch reactors.
Recent events in West Virginia have shown that our water supply is in jeopardy of contamination from leaks or overfills of storage and processing tanks (Figure 1) at chemical, petroleum and water/wastewater facilities.
a zinc extraction plant containing bulk combustible and corrosive liquid processing tanks and their associated internal and external fire protection; and
The company is currently installing over 90 processing tanks that will enable it to provide metal plating services that utilize nickel, tin, copper, cadium and all pretreatment for aluminum and steel as well as a titanium etch process by the end of July, 2012.
When added to processing tanks in the factory, the solutions broke starch down into smaller, more manageable molecules.
SBR technologies consist of processing tanks that bubble oxygen through the water to break down bio-organisms, resulting in water that is suitable for landscaping.