origination origination  /ə ˌrɪ dʒə ˈneɪ ʃən/

Definition(s):

  1. (n) an event that is a beginning; a first part or stage of subsequent events
  2. (n) the act of starting something for the first time; introducing something new

Usage(s):

  1. Additionally, I suspect that rigorous oversight of the origination of mortgages will need to be maintained for the next 30 years or so.
  2. Other standard drivers of negative equitya higher than average share of subprime loans and higher average loan-to-value ratio at originationare also at play.
  3. Exceptions include origination fees, which may be as high as 2% of loan value, and servicing fees, generally around $30 or so a month.

News

  1. Ellie Mae Releases May 2013 Origination Insight Report

    Ellie Mae® , a leading provider of enterprise-level, on-demand automated solutions for the residential mortgage industry, today released its Origination Insight Report for May 2013.
    on June 19, 2013     Source: Business Wire via Yahoo! Finance

  2. ServiceLink LoanCare Introduces MERS Reconciliation and Resolution Program for Lenders and Servicers

    PITTSBURGH and RESTON, Va., June 18, 2013 /PRNewswire/ --  ServiceLink , a leading end-to-end origination, servicing and default solutions provider for the top mortgage lenders and servicers, announced ...
    on June 18, 2013     Source: PR Newswire via Yahoo! Finance

  3. Fannie Mae Raises 2013 Origination Outlook

    This year's forecast from Fannie Mae for primary residential originations has been raised by $76 billion, though the improvement came at the expense of the 2014 outlook. On just purchase financing, annual expectations improved across-the-board.
    on June 14, 2013     Source: HispanicBusiness.com

Quotes

  1. John Thain, who took over after O'Neal's ouster, said in a conference call earlier this year that he would "emphasize to the origination going forward the importance of risk management."
    on Mar 5, 2008 By: John Thain Source: FOXNews

  2. "Let me respectfully restate that, in my judgment, the origination of subprime mortgages-as opposed to the rise in global demand for securitized subprime mortgage interests-was not a significant cause of the financial crisis," Greenspan said.
    on Apr 8, 2010 By: Alan Greenspan Source: Moneycontrol.com

  3. "All we're trying to do now is trying to inform folks that we have a fad now that does not have a very good origination," Siplin said.
    on Mar 13, 2008 By: Gary Siplin Source: Reuters UK

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