ORREQ

(redirected from Origination Request)
AcronymDefinition
ORREQOrigination Request
References in periodicals archive ?
Through the first five months of the year the company processed 137 loan origination requests totaling $1.88 billion.
Through the first three quarters of 2008, Cambridge reviewed 262 separate loan origination requests totaling $4.02 billion.
"The refi boom has lifted origination requests to new highs," he said "Most likely, this trend will remain in place even as mortgage rates inch higher in the months ahead."
The Chicago-based senior housing/healthcare lenders reported 298 loan origination requests totaling $4.03 billion in 2009, compared with 333 requests totaling $4.77 billion a year earlier.
In June, Cambridge processed 22 loan origination requests for loans totaling $250.8 million.
"We're seeing a spike in borrower interest, but the dollar volume for origination requests has trailed 2008 totals all year," he noted.
In February, there were 30 origination requests totaling $468 million compared with 33 requests totaling $236 million in 2007, according to Cambridge Chairman Jeffrey A.
Origination requests are down, but relatively strong given current conditions," he noted.
Year-to-date through August, the company had processed 254 origination requests totaling $3.19 billion, compared with 285 loans totaling $2.89 billion for the same period in 2006.
Davis points out that lenders close a relatively small percentage of loan origination requests received, but believes it's useful to track this information as an indication of market directions.
For the year to date, Cambridge has reviewed 238 origination requests totaling $3.7 billion, compared with 254 loans totaling $3.1 billion in 2007.
In February, there were 30 origination requests totaling $468.1 thousand compared with 33 requests totaling $236.2 thousand in 2007, Cambridge Chairman Jeffrey A.