SAFE Acronym List Flashcards
AARMR
American Association of Residential Mortgage Regulators
ABA/AfBA
Affiliated Business Arrangement Disclosure
AIR
AIR Appraisal Independence Requirement
ALIENS
Address, Loan amount, Income, Estimated value, Name, SSN
AML
Anti-Money Laundering
APOR
Average Prime Offer Rate
APR
Annual Percentage Rate
ATR
Ability to Repay
AUS
Automated Underwriting System
BPO
Broker’s Price Opinion
BSA
Bank Secrecy Act
CCPA
Consumer Credit Protection Act
CD
Closing Disclosure
CDO’s
Collateralized Debt Obligations
CE
Continuing Education
CFPB
Consumer Financial Protection Bureau
CHARM
Consumer Handbook on Adjustable Rate Mortgages
CLTV/TLTV
Combined Loan to Value OR Total Loan to Value
CMIR
Currency or Monetary Instruments Report
CMO
Collateralized Mortgage Obligations
CO
Certificate of Occupancy
C/O
Cash Out
COE
Certificate of Eligibility
COFI
Cost of Funds Index
CRA
Credit Reporting Agency
CRV
Certificate of Reasonable Value
CSBS
Conference of State Bank Supervisors
CTR
Currency Transaction Report
DO
Desktop Originator
DTI
Debt to Income
HLTK
Home Loan Toolkit
HMDA
Home Mortgage Disclosure Act
HOEPA
Home Ownership Equity Protection Act
HOI
Homeowner’s Insurance
HPA
Homeowners Protection Act
HPML
Higher-Priced Mortgage Loan
HUD
Housing and Urban Development
I/O
Interest Only
KBYO
Know Before You Owe
L/AR
Loan/Application Register
LPA
Loan Product Advisor
LE
Loan Estimate
LES
Leave and Earnings Statement
LIBOR
London Interbank Offered Rate
LO
Loan Originator
LTV
Loan to Value
MAP
Mortgage Acts and Practices
MBS
Mortgage Backed Securities
MCR
Mortgage Call Report
MDIA
Mortgage Disclosure Improvement Act
MIP
Mortgage Insurance Premium
MLO
Mortgage Loan Originators
MSDS
Mortgage Servicing Disclosure Statement
MU
Mortgage Uniform (Form)
NFIP
National Flood Insurance Program
NMLS
Nationwide Multistate Licensing System (and Registry)
NTS
Notice of Transfer Statement
PE
Pre-Licensing Education
PL
Principal Limit
PMI
Private Mortgage Insurance
PITI
Principal, Interest, Taxes and Insurance
QM
Qualified Mortgage
RESPA
Real Estate Settlement Procedures Act
R/T
Rate and Term
SAFE
Secure and Fair Enforcement
SAR
Suspicious Activity Report
SEC
Securities and Exchange Commission
SFHA
Special Flood Hazard Area
SFHGLP
Single Family Housing Guaranteed Loan Program
SRR
State Regulatory Registry
T-Bill
(United States) Treasury Bill
TCPA
Telephone Consumer Protection Act
TIL
Truth in Lending
TILA
Truth in Lending Act
TIP
Total Interest Percentage
TOTAL
Technology Open To Approved Lenders
TRID
TILA-RESPA Integrated Disclosure
UDAAP
Unfair Deceptive or Abusive Acts or Practices
URLA
Uniform Residential Loan Application
USA PATRIOT
Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism
USC
Uniform State Content
USDA
United States Department of Agriculture
USPAP
Uniform Standards of Professional Appraisals Practices
UST
Uniform State Test
VA
Veteran’s Administration/Affairs
VOE
Verification of Employment