Additional hedge

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Additional hedge

A protection against fallout risk in the mortgage pipeline.

Additional Hedge

A way for a mortgage lender to protect itself from the risk that a potential borrower will reject a loan after the terms are set but before the deal is finalized. Such a rejection could result in a loss for the lender, particularly if it has already made arrangements to repackage and sell the mortgage to a third party. An additional hedge protects against this. See also: Fallout Risk.
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Volunteers are needed at Blakers Park, off Preston Drove, to help lay additional hedges around the perimeter of the popular green space.
6 percent after its third-quarter profit missed expectations due to spending on additional hedges.
Additional hedges should be considered in light of the opportunities that may surface relative to new short-term risks or that may exist in the future.
Additional hedges to reach those levels must be entered into within fifteen days after close on this new Second Lien Credit Agreement.
Once the additional hedges are in place, the full $100 million will be available.
Additional Hedges Acquired for 2010 and 2011 Portfolio
Herschmann added, "We are happy to have entered into additional hedges for both 2009 and 2010.
Oldham, Parallel's President, commented, "These additional hedges bring our total oil hedges to 1,100 barrels of oil per day for 2011 and 1,000 barrels of oil per day for 2012.
Additional hedges with respect to oil production and natural gas production have also been entered into.
Continuing our policy of hedging a significant portion of our anticipated production, we entered into the following additional hedges during the second quarter: 5,000 MMBTU/D for the second half of 2008 at $10.
With these additional hedges, our weighted average crude oil hedge price including both puts and fixed forward contracts is $60.
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