frame-pipeline-risk

name	frame-pipeline-risk
description	Tie fallout assumptions to locked-pipeline exposure and frame the lock/pipeline risk — route the hedge to the risk authority. Reach for this on a lock or rate-risk question.

Skill: Frame pipeline risk

Un-aged, un-hedged lock exposure is a P&L risk (§3 #3).

Step 1 — Size the locked pipeline

Locked loans and their rate exposure.

Step 2 — Apply the fallout assumption

Fallout reduces the hedge-relevant locked volume (§3 #3).

Step 3 — Frame the exposure

How a rate move hits the locked pipeline net of fallout (§3 #3).

Step 4 — Route the hedge

The hedge/secondary decision goes to the risk authority — the team frames, not decides (§2).

Output

A pipeline-risk frame tying fallout to locked exposure, with the hedge decision routed out.