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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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AKA

Also known as

Term Source: LDD Acronym

Term Type: Other

Focus Area: #LDD, #MISMOApprovedAcronym

CBRA

Coastal Barrier Reform Act

Term Source: LDD Acronym

Term Type: Other

Focus Area: #LDD, #MISMOApprovedAcronym

DBA

Doing Business As

Term Source: LDD Acronym

Term Type: Other

Focus Area: #LDD, #MISMOApprovedAcronym

E

Electronic (as in E Mortgage)

Term Source: LDD Acronym

Term Type: Other

Focus Area: #LDD, #MISMOApprovedAcronym

FACTA

Fair And Accurate Credit Transaction Act

Term Source: LDD Acronym

Term Type: Other

Focus Area: #LDD, #MISMOApprovedAcronym

FDCPA

Fair Debt Collection Practices Act

Term Source: LDD Acronym

Term Type: Other

Focus Area: #LDD, #MISMOApprovedAcronym

MH

Manufactured Home

Term Source: LDD Acronym

Term Type: Other

Focus Area: #LDD, #MISMOApprovedAcronym

MIME

Multipurpose Internet Mail Extensions

Term Source: LDD Acronym

Term Type: Other

Focus Area: #LDD, #MISMOApprovedAcronym

MIN

Acronym for Mortgage Identification Number, a unique 18-digit number permanently assigned to an eNote registered on the MERS� eRegistry or a Mortgage loan registered on the MERS� System. The MIN is a unique 18-digit number that is permanently assigned to a mortgage loan registered on the MERS� System or an eNote registered on the MERS� eRegistry. The MIN is composed of a MERS� Member's 7-digit Org ID, a 10-digit sequence number, and a Check Digit. This term is also defined in the MERS� eRegistry Procedures Manual available at members.mersinc.org.

Term Source: MISMO eMortgage

Term Type: Data, Other

Focus Area: #eMortgage, #LDD, #MISMOApprovedAcronym

Unit Included In Rent Schedule Indicator

When true, indicates that the living unit is included in the rent schedule.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Other

Focus Area: #LDD

XML

Extensible Markup Language. XML is a markup language designed specifically for delivering information over the World Wide Web. Defined by the W3C, it is a set of rules for encoding documents in a format that is both human-readable and machine-readable. This term is also defined in the MERS® eRegistry Procedures Manual available at members.mersinc.org.

Term Source: LDD Acronym

Term Type: Other

Focus Area: #eMortgage, #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].