Acronym Guide Flashcards by Robert Rainey | Brainscape

Q

AFBA

A

Affiliate Business Arrangement Disclosure

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Q

ALTA

A

American Land Title Association

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Q

APR

A

Annual Percentage Rate

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Q

ARM

A

Adjustable Rate Mortgage

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Q

CD

A

Closing Disclosure

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Q

CFPB

A

Consumer Financial Protection Bureau

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Q

CHARM

A

Consumer Handbook on Adjustable Rate Mortgages

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Q

CLTV

A

Combined Loan to Value Ratio

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Q

COFI

A

11th District Cost of Funds Index

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Q

CRV

A

Certificate of Reasonable Value

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Q

DU

A

Desktop Underwriter

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Q

ECOA

A

Equal Credit Opportunity Act (Reg B)

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Q

FACT

A

Fair and Accurate Credit Transaction Act

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Q

FCRA

A

Fair Credit Reporting Act (Reg V)

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Q

FEMA

A

Federal Emergency Management Agency

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Q

FHA

A

Federal Housing Adminstration

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Q

FHLMC

A

Federal Home Loan Mortgage Corporation

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Q

FNMA

A

Federal National Mortgage Association

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Q

FTC

A

Federal Trade Commision

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Q

GFE

A

Good Faith Estimate

Q

GLBA

A

Gram-Leach-Biley Act

Q

GNMA

A

Government National Mortgage

Q

GSE

A

Government-Sponsored Enterprise

Q

HELOC

A

Home Equity Line of Credit

Q

HER

A

Housing Expense Ratio

Q

HERA

A

Housing & Economic Recovery Act

Q

HMDA

A

Home Mortgage Disclosure Act

Q

HOEPA

A

Home Ownership and Equity Protection Act

Q

HPA

A

Homeowners Protection Act

Q

HUD

A

U.S. Department of Housing and Urban Development

Q

LIBOR

A

London Interbank Offering Rate

Q

LP

A

Loan Processor

Q

LTV

A

Loan to Value

Q

MDIA

A

Mortgage Disclosure Improvement Act

Q

MIP

A

Mortgage Insurance Premium

Q

MTA

A

12-Month Treasury Average Index

Q

NMLS&R

A

National Mortgage Licensing System & Registry

Q

PITI

A

Principle, Interest, Taxes and Insurance

Q

PMI

A

Private Mortgage Insurance

Q

POC

A

Paid Outside Closing

Q

RESPA

A

Real Estate Settlement and Procedures Act (Reg X)

Q

SAFE Act

A

Secure and Fair Enforcement for Mortgage Licensing Act

Q

SRP

A

Service Release Premium

Q

TILA

A

Truth in Lending Act

Q

TOR

A

Total Obligations Ratio (Backend Ratio)

Q

TRID

A

TILA and RESPA Integrated Disclosures

Q

USDA

A

U.S. Department of Agriculture

Q

VA/DVA

A

Veterans Administration/U.S. Department of Veterans Affairs

Q

VOE

A

Verification of Employment