MoneyGlossary.com
Home  

Fallout risk

Definition: [crh] A type of mortgage pipeline risk that is generally created when the terms of the loan to be originateDefinition: d are set at the same time the sale terms are established. The risk is that either of the two parties, borrower or Definition: REF="/?rd=investor">investor, fails to close and the loan "falls out" of the pipeline.

<< Go back