Glossary: Originating A Loan
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Originating A Loan – a term that refers to the bank or lending agent that deals directly with the client rather than securities. The loan is said to originate at this point. When you read, “In 2007 Countrywide financed nearly 20 percent of all loans originated in America,” it simply means that they, as a company, physically deal with the loan papers and are the original source of those loans.
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