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.

References in periodicals archive ?
In terms of universality, any financial institution that wishes to originate cross-border payments on behalf of its customers may do so, in accordance with the operating rules.
This approach was designed to meet the needs of anyone in the financial industry who originates mortgages.
AMAC originates and acquires mezzanine loans, bridge loans, and government-insured first mortgages secured by properties throughout the United States.
Delta Financial Corporation (Amex:DFC), a specialty consumer finance company that originates, securitizes and sells non-conforming mortgage loans announced today that its Board of Directors has approved a quarterly cash dividend of $0.
Delta Financial Corporation (Amex:DFC), a specialty consumer finance company that originates, securitizes and sells non-conforming mortgage loans, announced today that Hugh Miller, president and chief executive officer, and Richard Blass, executive vice president and chief financial officer, will address participants at the Roth Capital Partners New York Conference in New York on Tuesday September 14, 2004 at 11 AM ET.