NMLS Acronyms B Flashcards

1
Q

What is PMI

A

PMI

Private Mortgage Insurance

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2
Q

What is HMDA

A

HMDA

Home Mortgage Discloser Act

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3
Q

What is PITI

A

PITI

Principal, Interest, taxes, Insurance

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4
Q

What is LE

A

LE

Loan Estimate

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5
Q

What is VA

A

VA

Veterans Administration

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6
Q

What is TRID

A

TRID

TILA-RESPA Integrated Discloser Rule

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7
Q

What is RESPA

A

RESPA

Real Estate Settlement Procedure ACT

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8
Q

What is TIP

A

TIP

Total Interest Paid

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9
Q

What is TCPA

A

TCPA

Telephone Consumer Protection Act

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10
Q

What is HELOC

A

HELOC

Home Equity Line of Credit

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