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 ?
George Abraham is at the USDA-ARS Food and Feed Processing Research Unit, Southern Regional Research Center, 1100 Robert E.
They typically are used to move material around, to load and unload trucks and to feed processing equipment.
He told that the factories include Banatom, Milk Factory, Aqua Fresh Factory and Animal Feed Processing Plant are serving as income generating establishments beyond meeting local demand.