originator

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originator

noun author, beginner, composer, conceiver, concocter, contriver, creator, deviser, engineer, establisher, father, founder, framer, generator, improviser, inaugurator, inducer, initiator, introducer, inventor, leader, maker, manufacturer, motivator, pioneer, precipitator, preparer, producer, provoker, starter, stimulator, the first one to bring into existence, the one who broke ground, undertaker
Associated concepts: origination on loan
See also: architect, developer, predecessor
References in periodicals archive ?
Too often, a wall of personal bias sets in when the originator seems married to old selling techniques.
The rating agency explains that the OA analysis primarily determines if the origination, underwriting and closing practices applied by the originator are in line with Moody's expectations for good loan quality; and (ii) the originator is acting as a prudent mortgage lender within its stated risk/reward strategy.
If another reviewer replies with changes, the originator gets the same type of prompt.
This separation from the originator's credit risk allows the rating agencies to assign an asset-backed rating that's higher than the originator could attain on a stand-alone basis.
These guides may contain qualifying or, in some cases, controlling language that is favorable to the originator in interpreting the terms of the overall agreement with the banks.
As the originator inputs loan data into Encompass, that data is continuously monitored, and when a 'match' occurs, an offer is automatically displayed on the originator's loan origination system screen," said Corr.
As the originator of the web-based pricing engine, Sollen is constantly seeking new and innovative ways to bring information about our technology to the mortgage industry," said Michel Van Hee, CEO of Sollen Technologies.
The originator locks the loan back with the lender, who then commits to sell the loan to an investor.
Wiz Sentinel offers compliance reviews on demand, whenever the originator needs it," said Raffi Festekjian, president and chief executive officer of PCi.
This program allows the originator to capture multiple lending options in one execution, searching loan types, loan products and documentation at the same time to find the optimal match for the borrower.
He continued, "Dealing with a single underwriter for all products and all states will allow the originator to build strong relationships resulting in quicker loan approvals and closings and more satisfied customers.

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