Origination definition

Origination means a Person’s actions in taking an application for, underwriting or closing a Mortgage Loan.

Origination means, with regard to an ECE, the occurrence of any of the following events (an ECE is considered to have been originated only when an event described below occurs)—

Origination means the creation of financial obligation by the commission in response to an application from a consumer. (Eff. 3/19/2003, Register 166; am 7/31/2003, Register 167; am 4/2/2004, Register 169; am 12/31/2005, Register 176; am 2/27/2010, Register 193)

Examples of Origination in a sentence

• Reference Obligations (including Credit Event Reference Obligations) that are covered by an Origination Rep and Warranty/Servicing Breach Settlement.

• After completion of an Origination Rep and Warranty Settlement that includes any Reference Obligations, Fannie Mae will engage an independent third party to conduct an annual review to validate that the Rep and Warranty Settlement Amount corresponding to each Reference Obligation matches Fannie Mae's records for such settlement.

• For the avoidance of doubt, any Origination Rep and Warranty/Servicing Breach Settlement will only relate to breaches of either (i) origination/selling representations and warranties or (ii) servicing obligations, but not both.

• The Bidder shall carefully examine and understand the specifications /conditions of RFP, intent of the RFP and seek clarifications, if required, to ensure that they have understood all specifications/conditions/intent of RFP for implementing the Origination Systems Solution in total.

• FAME handles our student overpayments and alerts the school so it can make changes to the award packet, which is reported to Common Origination and Disbursement (COD) for the Department of Education.

More Definitions of Origination

Origination has the meaning specified in Section 1.01.

Origination. All written requests should come from the State Director.

Origination or “Voice Origination” means a service which includes TNs to provide Inbound Calling. “Originating Equipment” means equipment beginning a call session.

Origination means HB2 Origination, LLC, a limited liability company existing under the laws of the state of Delaware;

Origination means the process which commences with the Licensee when identifying you as a prospective applicant for Mortgage Bond Finance to be secured by a Mortgage Bond and encompasses the process of:

Origination means an ACH direct deposit transacted under the ACH Direct Deposits Service.

Origination has the meaning set forth in Section 3.2.