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Spot lending

• The origination of mortgages by processing applications taken directly from prospective borrowers.

 
 Embedded terms in definition
 Origination
 
 Related Terms
 Commercial lending
Lending
Spot exchange rate
Spot futures parity theorem
Spot interest rate
Spot market
Spot month
Spot price
Spot rate
Spot rate curve
Spot trade
Theoretical spot rate curve

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Beware of fraud originating in phone messages and faxes: FDIC Consumer News has warned before about crooks who call or e-mail consumers and pretend to be legitimate companies or government agencies wanting people to "verify" or "resubmit" (divulge) confidential information such as bank account or credit card numbers as well as Social Security numbers, passwords and personal identification numbers. Here are variations to know about. More...

People of mediocre ability sometimes achieve outstanding success because they don't know when to quit. Most men succeed because they are determined to. George Herbert Allen

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