Forward Commitment Risk


Definition of "Forward commitment risk"

Crystal Wagoner real estate agent
Crystal Wagoner, Real Estate Agent Metro First Realty Shawnee

Risk incurred by the insurance company after it makes the commitment to make the loan at some future time and the borrower may not accept the loan at that time.

Have a question or comment?
We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 
 

 

Popular Insurance Terms

Popular Insurance Questions