NMLS Acronyms C Flashcards
1
Q
What is NON-QM
A
NON-QM
Non-Qualified Mortgage
2
Q
What is FACTA
A
FACTA
Fair and Accurate Credit Transaction ACT
3
Q
What is TRID
A
TRID
TILA-RESPA Intergraded Disclosure Rule
4
Q
What is COC
A
COC
Change of Circumstance
5
Q
What is What is FCRA
A
FCRA
Fair Credit Reporting Act
6
Q
What is MLO
A
MLO
Mortgage Loan Officer ‘That’s Me!”
7
Q
What is VOE
A
VOE
Verification of Employment
8
Q
What is NOO
A
NOO
Non-Owner occupied
9
Q
What is FHA
A
FHA
Federal Housing Administration
10
Q
What is LTV
A
LVT
Loan to Value