Financial Definition of Fallout Risk
Meaning of Fallout Risk
A type of mortgage pipeline risk that is generally created when the terms of the loan to be originated are set at the same time as the sale terms are set. The risk is that either of the two parties, borrower or investor, fails to close and the loan “falls out” of the pipeline.
Related Entries of Fallout Risk in the Encyclopedia of Law Project
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Fallout Risk in Historical Law
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Legal Abbreviations and Acronyms
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