Originator


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Originator

A bank, savings and loan, or mortgage banker that initially made a mortgage loan that is part of a pool. Also, an investment bank that has worked with the issuer of a new securities offering from the beginning and is usually appointed manager of the underwriting syndicate.

Originator

1. A bank that makes a loan, especially a mortgage loan, to a client. The originator has the ability to sell that loan to another party, usually to create a derivative product of some kind. As a result, one often hears about originators in discussions of mortgage-backed securities.

2. An investment bank that works with a company in planning a new issue from the earliest stage. The originator usually becomes the syndicate manager when the issue actually is made.

originator

A financial institution that makes loans that are then resold.
References in periodicals archive ?
Originator brands are those drugs which are invented after research work, so the companies are allowed to sell such drugs at higher rates as they spend a lot of funds on research work.
The dossier must include a comprehensive head-to-head comparison of the biosimilar and the originator product.
U937 cells (ATCC CRL-1593.2[TM]) in the logarithmic growth phase were starved in RPMI-1640 media, with HS628, originator tocilizumab, and an irrelevant antibody control (anti-CD20 mab) at 37[degrees]C for 3 hrs.
More than 700 originators from 261 cities nominated themselves for consideration.
'The EGALITY data, showing our biosimilar etanercept to be bioequivalent to the originator product, is part of the comprehensive data package submitted to the EMA and FDA' said Malte Peters, head of Global Clinical Development, Biopharmaceuticals, Sandoz.
Frittelli said the ZAR4 billion saving was based on 18% of originator drugs having come off patent, allowing generic drugs to fill the gap and therefore be available for the taking.
Moody's completes the originator assessment at the closing of a
Founded in 2009, Beech Street is an originator, underwriter and servicer of multifamily commercial real estate loans and is one of the largest national providers of government-insured mortgage loans through the multifamily lending programs of Fanine Mae, Freddie Mac and FHA.
Mission Viejo, CA, January 19, 2012 --(PR.com)-- Hammerhouse LLC, a national recruiting and strategic growth firm for the financial services industry with mortgage sales and leadership placement at its core, today released the results from its Second Annual Survey of Originator Opinions.
A competitor must await the end of these protections, but then can largely rely on the originator's safety and efficacy data, avoiding much of the expense the originator incurred in gaining approval for its product.
In the case of originator-backed/asset-based Sukuk, Fitch looks through the structure of the Sukuk to ensure that there is full recourse to the originator of the transaction.