Borrower Fallout

Business / Finance / Borrower Fallout: In the mortgage pipeline, the risk that prospective borrowers of loans committed to be closed will elect to withdraw from the contract.

Investor Fallout

Business / Finance / Investor Fallout: In the mortgage pipeline, risk that occurs when the originator commits loan terms to the borrowers and gets commitments from investors at the time of application, or if both sets of terms are made at MORE

Borrower

Business / Loan / Borrower: A person who receives funds in the form of a loan with the obligation to repay the loan in full. MORE

Fallout Risk

Business / Finance / Fallout Risk: Bonds that at the time of issue were considered investment grade but that have dropped below that rating over time. MORE

Borrower Fallout

Business / Finance / Borrower Fallout: In the mortgage pipeline, the risk that prospective borrowers of loans committed to be closed will elect to withdraw from the contract. MORE

Additional Hedge

Business / Finance / Additional Hedge: A protection against borrower fallout risk in the mortgage pipeline. MORE

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