fallout risk
Definition
Use fallout risk in a sentence
“ You should try and calculate your fallout risk and figure out if it will be worth your time and resources. ”
“ Prior to determining if a customer is qualified for a loan, the loan officer must determine the fallout risk of that particular customer. ”
“ 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 the sale terms are established. The risk is that either of the two parties, borrower or investor, fails to close and the loan "falls out" of the pipeline. ”