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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The HUD-9902, known as the Housing Counseling Activity Report, is a tool HUD uses to track the Housing Counseling Program. HUD-9902 Housing Counseling Agency Activity Reports are cumulative fiscal year-to-date for each quarterly report period. The data collected helps demonstrate the program�s impact to Congress and other industry stakeholders. The form is designed to capture all of a HUD-approved Housing Counseling Agency's education and counseling activities within HUD�s fiscal year. Marketing and outreach activities, such as fliers mailed or calls made, should not be recorded. The HUD-9902 also captures a client�s demographic characteristics, income level, counseling type, and counseling outcomes.
Term Source: MISMO (Non-LDD)
Term Type: Document
Focus Area: #Origination
The process of performing activities that occur throughout the lifecycle of a loan in servicing.
Term Source: MISMO (Non-LDD)
Term Type: Document
Focus Area: #MBAGlossary
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