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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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Home Mortgage Disclosure Act (HMDA)

Federal legislation which requires certain types of lenders to compile and disclose data on where their mortgage and home improvement loans are being made.

Term Source: MBA Glossary

Term Type: Document

Focus Area: #DGMFitForPurpose, #MBAGlossary, #MISMOApprovedAcronym

 

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