NMLS Acronyms C Flashcards

1
Q

What is NON-QM

A

NON-QM

Non-Qualified Mortgage

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2
Q

What is FACTA

A

FACTA

Fair and Accurate Credit Transaction ACT

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3
Q

What is TRID

A

TRID

TILA-RESPA Intergraded Disclosure Rule

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4
Q

What is COC

A

COC

Change of Circumstance

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5
Q

What is What is FCRA

A

FCRA

Fair Credit Reporting Act

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6
Q

What is MLO

A

MLO

Mortgage Loan Officer ‘That’s Me!”

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7
Q

What is VOE

A

VOE

Verification of Employment

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8
Q

What is NOO

A

NOO

Non-Owner occupied

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9
Q

What is FHA

A

FHA

Federal Housing Administration

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10
Q

What is LTV

A

LVT

Loan to Value

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