What Is Origination? Origination is the multi-step process that every individual must go through to obtain a mortgage or home loan. The term also applies to other types of amortized personal loans. Origination is often a lengthy process and it’s overseen by the Federal Deposit Insurance Corporation (FDIC) for compliance with Title XIV of the
What Is an Origination Fee? A mortgage origination fee is an upfront fee charged by a lender to process a new loan application. The fee is compensation for executing the loan. Loan origination fees are quoted as a percentage of the total loan, and they are generally between 0.5% and 1% of a mortgage loan
What Are Origination Points? Origination is a step-by-step process that every borrower must complete to obtain a mortgage or home loan. Meanwhile, origination points represent the fees that borrowers pay to lenders or loan officers to compensate for evaluating, processing, and approving mortgage loans. They represent a way to pay closing costs and these fees are
What Is an Orphan Block? In blockchain terms, orphan blocks are blocks mined simultaneously as another block but not accepted by the blockchain. Most of the time, this is because there are not enough blocks generated from that block for the network to recognize it as the longest fork. The Bitcoin blockchain discards orphan blocks;
What Is the Orphan Drug Credit? The orphan drug credit is a federal tax credit that gives pharmaceutical companies incentives to develop medications and treatments for rare diseases that affect small populations. The credit is designed to help pharmaceutical companies lower their developmental costs. The credit is for 25% of qualified clinical testing expenses. A rare
What Is an Oscillator? An oscillator is a technical analysis tool that constructs high and low bands between two extreme values, and then builds a trend indicator that fluctuates within these bounds. Traders use the trend indicator to discover short-term overbought or oversold conditions. When the value of the oscillator approaches the upper extreme value
What Is the Oslo Stock Exchange (OSL)? The term Oslo Stock Exchange (OSL) refers to Norway’s premier stock exchange. Located in the capital city of Oslo, the exchange is the region’s major regulated market for securities trading, including equities, bonds, and exchange-traded products (ETPs). The exchange’s market capitalization as of May 13, 2022, was roughly
What Is Over-the-Counter (OTC)? Over-the-counter (OTC) is the process of trading securities via a broker-dealer network as opposed to on a centralized exchange like the New York Stock Exchange. Over-the-counter trading can involve stocks, bonds, and derivatives, which are financial contracts that derive their value from an underlying asset such as a commodity. When companies
What Is the Over-The-Counter Exchange of India (OTCEI)? The Over-The-Counter Exchange of India (OTCEI) is an electronic stock exchange based in India that consists of small- and medium-sized firms aiming to gain access to overseas capital markets, including electronic exchanges in the U.S. such as the NASDAQ. There is no central place of exchange, and all
What Is OTC Markets Group Inc.? The OTC Markets Group is the owner and operator of the most substantial U.S. inter-dealer electronic quotation and trading system for over-the-counter (OTC) securities. It provides marketplaces for trading more than 11,500 OTC securities. Key Takeaways OTC Markets Group Inc. is the largest U.S. marketplace for OTC securities with
