Business Glossary-Term List
Welcome to the MISMO Business Glossary - your online source of mortgage industry business terms and data point descriptions. Follow the links provided for Term Type; Focus Area; and Source descriptions; complete terms of authorized usage; and a more detailed description of the MISMO Business Glossary. Search tip: Use quotes for an exact search (e.g., "keyword or phrase").
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Search on:1) Process: The transfer of ownership, rights or interests in property, as in a mortgage, lease or deed of trust. Mortgages and other security instruments are regularly assigned from one investor to another and commitments by HUD/FHA to insure mortgages may be assigned by one originating lender to another before insurance. 2) Document: Transfers the beneficial interest in a instrument from one party to another.
Term Source: MBA Glossary, LDD Document
Term Type: Document, Process
Focus Area: #LDD, #MBAGlossary, #Origination, #Servicing
Ability To Repay
Term Source: LDD Acronym
Term Type: Process
Focus Area: #LDD, #MISMOApprovedAcronym
Automated Valuation Model
Term Source: LDD Acronym
Term Type: Process
Focus Area: #LDD, #MISMOApprovedAcronym
Credit Alert Interactive Voice Response System
Term Source: LDD Acronym
Term Type: Actor, Process
Focus Area: #LDD, #MISMOApprovedAcronym
Consolidation, Extension and Modification Agreement
Term Source: LDD Acronym
Term Type: Process
Focus Area: #LDD, #MISMOApprovedAcronym
File Transfer Protocol
Term Source: LDD Acronym
Term Type: Process
Focus Area: #LDD, #MISMOApprovedAcronym
Graduated Payment Mortgage
Term Source: LDD Acronym
Term Type: Process
Focus Area: #LDD, #MISMOApprovedAcronym
Home Equity Conversion Mortgage
Term Source: LDD Acronym
Term Type: Process
Focus Area: #LDD, #MISMOApprovedAcronym
Hypertext Transfer Protocol
Term Source: LDD Acronym
Term Type: Process
Focus Area: #LDD, #MISMOApprovedAcronym
Hypertext Transfer Protocol Secure
Term Source: LDD Acronym
Term Type: Process
Focus Area: #LDD, #MISMOApprovedAcronym
Income Verification Express Service
Term Source: LDD Acronym
Term Type: Process
Focus Area: #LDD, #MISMOApprovedAcronym
Mortgage Insurance
Term Source: LDD Acronym
Term Type: Process
Focus Area: #LDD, #MISMOApprovedAcronym
Multiple Listing Service
Term Source: LDD Acronym
Term Type: Process
Focus Area: #LDD, #MISMOApprovedAcronym
Property Assessed Clean Energy
Term Source: LDD Acronym
Term Type: Process
Focus Area: #LDD, #MISMOApprovedAcronym
Real Estate Settlement Procedures Act
Term Source: LDD Acronym
Term Type: Process
Focus Area: #LDD, #MISMOApprovedAcronym
Remote Online Notarization
Term Source: LDD Acronym
Term Type: Process
Focus Area: #LDD, #MISMOApprovedAcronym
Simple Mail Transfer Protocol
Term Source: LDD Acronym
Term Type: Process
Focus Area: #LDD, #MISMOApprovedAcronym
TILA RESPA Integrated Disclosure
Term Source: LDD Acronym
Term Type: Process
Focus Area: #LDD, #MISMOApprovedAcronym
Uniform Standards of Professional Appraisal Practice
Term Source: LDD Acronym
Term Type: Actor, Process
Focus Area: #LDD, #MISMOApprovedAcronym
AUTHORIZED USAGE: All usage of this product is dictated by the terms and conditions within the MISMO 2018 Intellectual Property Rights (IPR) Policy. For more information, please see complete Authorized Usage / Patent Disclosure Request or contact [email protected].