0
A Direct Loan is "booked" (becomes official) at the point when the LOC has received and accepted a borrower's:
• loan origination record,
• signed promissory note, and
• disbursement record.
In general, up until the point a loan is "booked" the Direct Loan Program Loan Origination Center (LOC) is responsible for loan activities (including sending loan disclosure statements) and interacting with borrowers. Once a Direct Loan is booked, the Direct Loan Servicing Center (DLSC) becomes responsible for loan activities (including collecting loans) and interacting with borrowers.
Put another way, the LOC handles front-end processes for the Direct Loan Program, and the DLSC handles back-end processes. The dividing point is when a loan is "booked".
Wiki User
∙ 10y ago
Add your answer:
Earn +20 pts
What does being booked mean?
It means that you are very busy.
How do you bail crime booked under section 468 of Indian penal code?
One need to make an application for bail.
What does booked out mean does it mean the person is getting out of jail?
In any type of law enforcement situation, a suspect is "booked in" to the jail awaiting trial. Being "booked out" means that you have either posted bail or been released on your own recognizance. In other words, you are once again free to roam the countryside.
What does booked mean without charged?
you could book and appointment, or book it out of a place (run)
Are wrestling matches booked?
It depends on what you mean by 'booked'. For a match to become official, as in it is going to take place at some point, then it has to be booked onto a show. So yes.If you mean fake, then no. The only thing that happens is, the moves are done in a specific way to avoid injuring your opponent.*Note* This applies to Pro Wrestling, not Amatuer/Olympic Wrestling!
What dose booked mean?
"Booked" typically means that a service or activity has been reserved or scheduled for a specific time or date, such as a hotel room, flight, or appointment. It implies that there is no availability left for that particular time slot.
What is the duration of Booked Out?
The duration of Booked Out is 1.5 hours.
What does source detail mean on an application?
what does Source Details mean on a job application
What does its mean UK visa status Processed Application returned TO AC?
its mean Application centre, bute here its mean Abudhabi Application centre
Find girls in Perth Western Australia?
I booked a girl via the website chat area, when i reached there , the girl i booked said she is not seeing now. I mean whoever was on chat could have informed me.adarose
When was Booked Out created?
Booked Out was created on 2012-03-12.
Do we say 'the restaurant's fully booked'?
Restaurant fully booked.
