Loan officer means an Access Person who is responsible for making decisions as to Securities to be bought or sold for the Funds’ portfolio.

Loan officer means an individual who for compensation or gain, or in anticipation of compensation or gain, takes or offers to take a residential mortgage loan application; assists or offers to assist a buyer in obtaining or applying to obtain a residential mortgage loan by, among other things, advising on loan terms, including rates, fees, and other costs; offers or negotiates terms of a residential mortgage loan; or issues or offers to issue a commitment for a residential mortgage loan. "Loan officer" also includes a mortgage loan originator as defined in division (Z) of section 1322.01 of the Revised Code.

Examples of Loan officer in a sentence

We find that the marginal effects of Loan officer tenure * treated dummy * 2005 dummy and Loan officer tenure (sq) * treated dummy * 2005 dummy are 7.24% and 3.98%, respectively.
This loss is most extreme when the loan officer leaves the bank but might even matter when responsibilities are rescheduled within the bank.10 The variable Loan officer change is included in the analysis indicating whether the loan officer has changed during the duration of the previous loan.
Regressions for the full sample include industry, branch and year-month dummies, but they do not include the variable Loan officer change because for all first loans this variable is zero by definition and thus its effect is diluted.
A Loan officer change leads to higher credit constraints, but the economic effect is relatively small (2.7%).
Loan officer change is used as an additional measure for the extent of asymmetric information and relationship strength.

More Definitions of Loan officer

Loan officer means an individual other than an exempt person

Loan officer means the person at the Authority designated to monitor the Project and the use of the proceeds of the Loan.

Loan officer or “LO”), collectively referred to herein as the “Parties”, and individually referred to herein as a “Party.”

Loan officer. Xxxx Xxxxxx

Loan officer or "originator" means an individual who discusses or negotiates the rates, terms, and conditions of a loan with a borrower or prospective borrower. The term does not mean a person who performs functions of a loan processor, nor does it mean an individual who performs only clerical functions such as delivering a loan application to a mortgage loan broker or mortgage loan company or gathering information related to a mortgage loan application on behalf of the prospective borrower, mortgage loan broker, or mortgage loan company;