NMLS Acronyms B Flashcards
1
Q
What is PMI
A
PMI
Private Mortgage Insurance
2
Q
What is HMDA
A
HMDA
Home Mortgage Discloser Act
3
Q
What is PITI
A
PITI
Principal, Interest, taxes, Insurance
4
Q
What is LE
A
LE
Loan Estimate
5
Q
What is VA
A
VA
Veterans Administration
6
Q
What is TRID
A
TRID
TILA-RESPA Integrated Discloser Rule
7
Q
What is RESPA
A
RESPA
Real Estate Settlement Procedure ACT
8
Q
What is TIP
A
TIP
Total Interest Paid
9
Q
What is TCPA
A
TCPA
Telephone Consumer Protection Act
10
Q
What is HELOC
A
HELOC
Home Equity Line of Credit