Loan Originator

From Open Risk Manual

Definition

Loan Originator. The party which finds the lender for the loan, for the borrower.

Similar to mortgages: the originator may be a bank but the person able to lend the money may be some other party. In other instances the originator will become the lender.

Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.