fallout

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fallout

Settling of radioactive molecules from the atmosphere after their release into the air following an explosion or radiation accident.
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References in periodicals archive ?
Perhaps the biggest challenge for mortgage bankers is managing fallout risk. Fallout, the converse of pull-through, is defined as any loan that fails to close at the price and terms upon which the lock commitment was granted.
Pipeline Tools provides a mortgage lender with a combination of tools to measure interest rate and fallout risk, and lender-defined hedging strategies.
Ignition provides the mortgage industry with the ability to manage interest rate and loan fallout risk with a Web-based risk-management system.