Loan Origination

RECENT NEWS
Banking Business Review  Sep 30  Comment 
Walker & Dunlop announced today that it has agreed to acquire Johnson Capital's loan origination and servicing platform.
Cloud Computing  Jun 10  Comment 
Mortech, a Zillow® business providing mortgage technology solutions for mortgage bankers and secondary market teams, today announced a new integration with INTEGRA Software Systems, developers of Destiny loan origination...
Red Orbit  Apr 10  Comment 
Woods Hole Oceanographic Institution One of the greatest mysteries facing humans is how life originated on Earth. Scientists have determined approximately when life began (roughly 3.8 billion years ago), but there is still intense debate about...
The Hindu Business Line  Sep 29  Comment 
Moon may have originated from Venus, after Earth’s gravity captured its natural satellite from the planet, a new theory on lunar history suggests. The theory is in contradiction to the be...
Cloud Computing  Apr 1  Comment 
GRAPEVINE, Texas , April 1, 2013 /PRNewswire/ -- defi SOLUTIONS, the developer of a newly released cloud-based Loan Origination System (LOS), now offers convenient access to its system via mobile application for mobile devices like iPhone. ...
StreetInsider.com  Jan 10  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/Walker+%26+Dunlop+%28WD%29+Loan+Origination+Up+76%25+in+FY12%3B+Boosts+FY13+Outlook/7999783.html for the full story.
Cloud Computing  Jul 11  Comment 
are deploying the Mortgagebot front-end point-of-sale automation along with the Avista back-end loan origination system (LOS) capability to strategically inject the competitive advantages of best-of-breed web-based technology throughout their...
Banking Business Review  Sep 8  Comment 
First Data has signed an agreement to offer Zoot Enterprises' account opening and loan origination solutions to its issuing client base.
The Economic Times  Sep 5  Comment 
The fossils from the Zanda Basin in southwestern Tibet include the remains of woolly rhino, one of the Ice Age's mammals.




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loan origination refers to the process by which a loan is initially made to a borrower - IE, a lender accepts a borrower's application for a loan (as in the case of a mortgage) and the borrower and lender agree to the terms for repayment. As loans are increasing securitized and then sold off to other investors, a bank that originates a loan may only hold that loan for a brief period of time before selling off the loan - and therefore the right to be repaid by the borrower - to other investors.

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Loan Origination for real estate is the process of qualifying a potential buyer for the funds necessary to purchase a piece of real estate. This process usually starts with mortgage lead generation. The process requires that a form known as a 1003 spoken as, "ten-0-three" is filled out and submitted to an underwriter.

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