Definition of «origination»

The term "origination" has several meanings, depending on its context.

1) In finance and economics, origination refers to the process of creating or issuing a new security or financial instrument such as a loan, bond, or mortgage. This can involve underwriting (assessing risk and determining whether to make the loan), processing (documenting and verifying information), and closing (finalizing the transaction).

2) In real estate, origination refers to the process of obtaining a new mortgage loan for buying or refinancing property. This can involve applying for the loan, providing documentation, undergoing credit checks, and finalizing the terms of the loan.

3) In law enforcement, origination refers to the point at which an investigation begins, such as when a crime is reported or discovered.

Sentences with «origination»

  • Save money — Many online mortgage service companies can save you money by cutting out fees like origination fees and underwriting fees. (abcloanguide.com)
  • No lender fee, no loan origination fee loans available, but at higher rates. (mnhomesandloans.com)
  • Developed marketing strategy to reach more retail banking clients, resulting in a new loan origination of $ 150 million per year. (myperfectresume.com)
  • (see all sentences)
a b c d e f g h i j k l m n o p q r s t u v w x y z