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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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Selection Type

A classification of the collection of loan parameters to support borrower shopping for loan products or proposed loan products that would suit the current borrower needs.

Term Source: LDD Attribute

Term Type: Data

Focus Area: #LDD

Sensitive Indicator

Allows producers and consumers of XML instance documents that are valid MISMO V3 documents to mark any data point to be treated as sensitive. MISMO recommends that any use of a data point labeled as "Sensitive Information" in the LDD ALWAYS have this attribute set to "true".

Term Source: LDD Attribute

Term Type: Data

Focus Area: #LDD

Sequence Number

An integer value used to provide an order to multi-instance sibling elements. The value must be unique for each sibling element.

Term Source: LDD Attribute

Term Type: Data

Focus Area: #LDD

Sound Unit Of Measure Type

Identifies the type of sound measurement method applied.

Term Source: LDD Attribute

Term Type: Data

Focus Area: #LDD

Valuation Use Type

Used as an attribute on PROPERTY to specify whether the referenced property is the Subject property or a property valuation comparable.

Term Source: LDD Attribute

Term Type: Data

Focus Area: #LDD

Volume Unit Of Measure Type

Identifies the type of volume measurement method applied.

Term Source: LDD Attribute

Term Type: Data

Focus Area: #LDD

Weight Unit Of Measure Type

Identifies the type of weight measurement method applied.

Term Source: LDD Attribute

Term Type: Data

Focus Area: #LDD

xlink: MISMOarc Link

An xlink set of attributes that identifies two end points and the kind of relationship they have to each other.

Term Source: LDD Attribute

Term Type: Data

Focus Area: #LDD

xlink: MISMOresource Link

An xlink attribute group for defining the end point of a relationship.

Term Source: LDD Attribute

Term Type: Data

Focus Area: #LDD

xml:lang

The ISO 639-1 two character code value representing the langage of the text of the element data point. For example en for English es for spanish. If no ISO639-1 value exists for the language use the ISO639-2 three character value. For example Philippine languages phi.

Term Source: LDD Attribute

Term Type: Data

Focus Area: #LDD

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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].