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Loan Origination

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New Mobile App Feature from defi SOLUTIONS' Loan Origination System Reduces Time, Creates New Opportunities for Lenders
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. ...
Walker & Dunlop (WD) Loan Origination Up 76% in FY12; Boosts FY13 Outlook
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.
Lenders Quick to Embrace the Mortgagebot/Avista Point-of-Sale and Loan Origination System Platform Integration
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...
First Data to offer Zoot loan origination solutions to its issuing client base
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.
Did Ice Age giants' ancestors originate in Tibet?
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.
Walker & Dunlop (WD) Loan Origination Jumps 42% in 2010
StreetInsider.com  Jan 12  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/Walker+%26+Dunlop+%28WD%29+Loan+Origination+Jumps+42%25+in+2010/6213419.html for the full story.
Zoot Releases New Loan Origination Solution
Banking Business Review  May 18  Comment 
Zoot, a provider of instant credit decisioning and loan origination solutions, has released zOriginate loan origination solution, which replaces the Kairos loan origination system.
Member Advantage Mortgage Makes Easy Transition to New RESPA Regulations Using XetusOne Loan Origination System
Cloud Computing  Feb 2  Comment 
Member Advantage Mortgage (www.memberadvantagemortgage.com), based in Ada, Mich., with assets of $4 million, started the new year with a stress-free transition to the new RESPA regulations with the use of Palo Alto, CA-based Xetus' (www.xetus.com)...
Opinion: For designers, where does 'creative spark' originate?
EE Times  Nov 13  Comment 
How does the design process really work? Which mechanism enables the brain to come up with solutions to a design problem, and what is the source of the "creative spark"?




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This article is part of WikiProject Definitions. Consider editing to improve it. View articles referencing this definition.
 

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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This article is part of WikiProject Definitions. Consider editing to improve it. View articles referencing this definition.

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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