Product risk

Product risk

A type of mortgage pipeline risk that occurs when a lender has an unusual loan in production or inventory but does not have a sale commitment at a prearranged price.

Product Risk

The risk that a mortgage bank will arrange a complex or otherwise unusual mortgage with no guarantee that the borrower will actually accept the terms of the agreement.
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MARSH 020 7357 1455 leading insurance broker and risk adviser, has boosted its product risk expertise in Europe, the Middle East and Africa (EMEA) with the appointment of two consultants to its Global Product Risk Practice.
Commenting on the new appointments, Jeremy Moore, Leader of the EMEA Product Risk Practice, said: "Food security and supply chain vulnerability rank among the biggest risks facing firms globally in 2008.
WebVDME is a visual data mining environment that provides quantitative data analysis and incorporates a signal management module (WebVDME Signal Management) that supports ongoing product risk management efforts.
This enables safety professionals to more fully understand the data that is available to them and conduct the analysis they need to make timely business decisions regarding product safety - and even possibly prevent patient exposures if product risks are discovered earlier than they would have been without the use of WebVDME.
Product risk management is a very wide-ranging subject, as the author says, and his text is designed to provide a structure for this topic.
Part 2 covers Product risk management with chapter titles; Product safety policy; Product risk reduction; Product risk transfer; Product risk retention; Product extortion and malicious product tamper; Product risk management audit; Product risk management checklist - 100 questions.
Partially offsetting these positive rating factors is the company's exposure to currency fluctuation, which due to the strengthening of the Canadian dollar, has negatively impacted earnings; its exposure to product risk due to its high level of secondary guarantees in its North American variable annuity products; and potential catastrophe exposure in its reinsurance segment.
REMEC was selected as a partner based on its technical performance, current prototypes and initial product risk assessment.
Milner will also establish portfolio targets for product risk characteristics and rating agency capital allocation.
This included a review of the company's product risk profile and fundamental competitive and operating characteristics, and a review of the company's capital position (risk-based capital ratios, financial leverage and capital size), among numerous other factors.
Do I have adequate capital to manage enterprisewide risks--both product risks and investment risk?
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