Back-to-Back Commitment

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Back-to-Back Commitment

An agreement in which a bank makes a loan for a new construction and an investor promises to buy that loan from the bank at a specified future date. This commitment reduces the risk the bank takes on when it makes a loan. A back-to-back commitment is identical to a take-out commitment, but applies to loans on new constructions, rather than mortgages on existing properties.

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Despite our back to back commitments of friendship and brotherhood as well as our recent generosity by sending troops to Saudi Arabia, we did not receive the reciprocation we deserve.

The lone warrior

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Back Talk (Frasier)
back tax obligation
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back tell
Back test
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Back Tests
Back the Freack Off
Back the Fudge Up
back the wrong horse
back them for
back them into a corner
back them out
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back them up
back them up to
back themselves into a corner
Back titration
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Back to Africa movement
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