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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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MBA Business Glossary
Builder's And Sponsor's Profit And Risk Allowance (BSPRA)

A credit against the required equity contribution in HUD/FHA insurance programs granted the developer for its services in sponsoring and building the project.

Term Source: MBA Business Glossary

Term Type: Other

Focus Area: #MBAGlossary

 

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