NMLS Acronyms A Flashcards
1
Q
What is HMDA
A
“HMDA”
Home Mortgage Disclosure Act
2
Q
What is GFE
A
“GFE”
Good Faith Estimate
3
Q
What is HERA
A
“HERA”
Housing and Economic Recovery Act
4
Q
What is VOI
A
VOI
Verification of Income
5
Q
What is CRV
A
CRV
Certificate of Reasonable Value
6
Q
What is TIL
A
TIL
True-in-Lending
7
Q
What is VOM
A
VOM
Verification of Mortgage
8
Q
What is QM
A
QM
Qualified Mortgage
9
Q
What is COE
A
COE Certificate of Eligibility
10
Q
What is TLTV
A
TLTV
Total Loan to Value
11
Q
A