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 ?
In addition to this, the act suggests that, if an Indiana high-cost home loan was originated in violation of any applicable law, purchasers and assignees of such loan may be subject to liability under the applicable law.
In 2002, subprime lenders originated 933,025 refinance loans, an increase of 33.2% from 2001.
While it is certainly unethical to claim as original work anything that originated with someone else, how much of preaching is truly original work?
if the corporate email server is penetrated, the IP address information will falsely show that the email originated from inside the company.
* ISO origination currency code (currency in which the payment is originated);
In 1992 the Mortgage Bankers Association (MBA) requested that FASB address inconsistencies in the accounting treatment of purchased mortgage servicing rights and in the treatment of originated mortgage servicing rights.
In contrast, so long as there is no recourse back to the banking organization that originated the assets, the securitization process generally does not increase on-balance-sheet liabilities in proportion to the volume of loans or other assets generated.
The study indicates modern humans originated from only one geographically distinct population sometime between 50,000 and 100,000 years ago, says anthropologist Christy G.
The Reserve Banks can withhold some or all of the credit associated with debit transactions originated by such an institution, in anticipation of return items.
The loan was originated by ARCS' Calabasas Hills Office.
The loan was originated by ARCS' Bend Office through Fannie Mae's Senior Housing Product.