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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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ALTA Registry Record Type Code

A coded value as defined by the ALTA Registry that specifies whether the record indicates an individual or a company.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD

ALTA Registry Role Date

The date that an ALTA Registry Role was recorded in the ALTA Registry.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD

ALTA Registry RON Indicator

When true, indicates that an agent has represented that they are Remote Online Notary (RON) capable.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD

ALTA Registry Status Date

The date on which an entity in the ALTA Registry was confirmed by an underwriter.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD

ALTA Registry Underwriter Identifier

A unique alphanumeric string representing the ALTA Identifier of the confirming underwriter for an agent.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD

Alterations Improvements And Repairs Amount

The cost of any alterations, improvements, repairs and rehabilitation that are to be made on the subject property.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD, #LoanApplication, #MISMO3.4_iLAD

Altitude Elevation Linear Measure

A measurement that specifies the elevation above sea level where the image was captured. The applicable unit of measurement is specified by the Linear Unit Of Measure Type.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD

Amenities Comparison Type

A value from a MISMO prescribed list which represents the overall rating of the differences between the comparable and the subject for all types of amenities included in the rental agreement.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD

Amenity Area Measure

A measurement that specifies the area of the amenity. The applicable unit of measurement is specified by the Area Unit Of Measure Type.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD

Amenity Attached To Manufactured Home Indicator

When true, indicates that the amenity is permanently affixed to the manufactured home.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD

Amenity Category Type

A value from a MISMO prescribed list that represents a high-level category in which the identified amenity is grouped.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD

Amenity Category Type Other Description

A free-form text field that specifies the enumeration when the value of Other is used for Amenity Category Type.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD

Amenity Count

The number of the amenities specified by Amenity Type that are present in the property. For example two fireplaces.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD

Amenity Description

A free-form text field used to describe, in detail, the amenity specified by Amenity Type.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD

Amenity Material Type

A value from a MISMO prescribed list that represents the type of material used in construction.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD

Amenity Material Type Other Description

A free-form text field that specifies the enumeration when the value of Other is used for Amenity Material Type.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD

Amenity Ownership Type

A value from a MISMO prescribed list that represents the unit's ownership of the amenity (e.g. is the amenity assigned to the unit or is it unassigned and is first-come first-served).

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD

Amenity Ownership Type Other Description

A free-form text field that specifies the enumeration when the value of Other is used for Amenity Ownership Type.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD

Amenity Type

A value from a MISMO prescribed list that represents a particular service, feature or facility available to residents and/or guests of a project or property.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD

Amenity Type Other Description

A free-form text field used to describe the amenity if Other is selected as the Amenity Type.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD

 

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