originate

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originate

To make; all the steps necessary to attract a potential borrower,process a loan request, prepare all necessary paperwork,and place the loan on the books of the lender.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
Maximum retail price of any generic medicine shall be at least 15pc less than that of the originator brand, authority says
The top 10 Latino mortgage originators from the list were: Carlos Larrazaball, WashingtonFirst Mortgage, Fairfax, Virginia; Manuel Corral, Golden Empire Mortgage, Inc.
Moody's completes the originator assessment at the closing of a
Beech Street originated $4 billion in loans in 2012, making the company the sixth largest agency originator in the country.
The Survey questions cover important factors from each of the six core business areas identified by Hammerhouse as integral to the model-matching relationship between originators and lenders: Leadership, Culture, Business, Operations, Technology and Geography.
The list of loan originators will be updated as more are approved, the SBA said.
While the SBA will provide an 80 percent guarantee on the pools, lenders and the pool originators also are required to retain a stake.
But YSPs can "create financial incentives to steer consumers to riskier loans for which originators will receive greater compensation," the Fed notes in the Federal Register.
Loan originators will be required to provide borrowers their Good Faith Estimate three days after the loan originator's receipt of all necessary information.
During the years in question (1985-1990), approximately 99% of the mortgage originators paying the commitment fee consummated a sale transaction by delivering a mortgage loan to Freddie Mac.
* TAX PROFESSIONALS MUST REGISTER AS ELECTRONIC return originators (EROs) at the IRS Web site to e-file corporate tax returns.