Processing

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Processing

Compiling and maintaining the file of information about the transaction, including the credit report, appraisal, verification of employment and assets,and so on.

Mortgage brokers usually process the loans they handle. The processing file is handed off to underwriting for the loan decision.

References in periodicals archive ?
He blamed the crises instead on "external feed processing that was badly understood or controlled by public authorities."(DT)
"It's an expensive fat with a fluctuating price," says Abraham, who is in the SRRC's Food and Feed Processing Research Unit.
Agency for International Development (USAID), a feed processing plant has been put into operation in the village of Gedezeykhur of Gusar region of Azerbaijan, Agency for the Development of Small and Medium-sized Enterprises (SMEs) said in a message.
KASUR -- Three labourers suffocated to death on Friday after falling into a poultry feed processing machine at a private food factory on Multan Road near Adda Gulshan.