Mortgage pipeline(redirected from Mortgage Pipelines)
The period from the taking of applications from prospective mortgage borrowers to the marketing of the loans.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
Informal; the process by which a mortgage lender conducts all due diligence, files all necessary paperwork, and generally makes preparation for a new mortgage. This includes investigating the potential borrower's credit history and determining whether making the loan is a good risk. See also: Mortgage-pipeline risk.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved