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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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Data #LDD
Amortization Schedule Ending Balance Amount

The remaining balance due on the loan as calculated after application of the payment amount reflected on the Amortization Schedule for the loan.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD

Amortization Schedule Interest Portion Amount

The dollar amount of the portion of the total payment amount which is applied to the interest due on the loan as reflected on the Amortization Schedule for the loan.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD

Amortization Schedule Interest Rate Percent

The interest rate percent of the loan used to calculate the principal and interest or dollar amount of the payment reflected on the Amortization Schedule for the loan.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD

Amortization Schedule Loan To Value Percent

The loan to value percent resulting from the application of the payment reflected on the Amortization Schedule for the loan.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD

Amortization Schedule MI Payment Amount

The dollar amount of the MI payment due in addition to the payment amount reflected on the Amortization Schedule for the loan.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD

Amortization Schedule Payment Amount

The dollar amount of a single payment reflected on the Amortization Schedule for the loan.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD

Amortization Schedule Payment Due Date

The due date of a single payment reflected on the Amortization Schedule for the loan.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD

Amortization Schedule Payment Number

The number used to identify a single payment within a sequence of payments reflected on the Amortization Schedule for the loan.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD

Amortization Schedule Principal Portion Amount

The dollar amount of the portion of the payment amount which is applied to the principal due on the loan as reflected on the Amortization Schedule for the loan.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD

Amortization Schedule USDA Annual Fee Payment Amount

The dollar amount of the USDA Annual Fee payment due in addition to the payment amount reflected on the Amortization Schedule for the loan.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD

Amortization Type

A classification or description of a loan or a group of loans generally based on the changeability of the rate or payment over time.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

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

Amortization Type Other Description

A free-form text field used to collect additional information or a description of the amortization type when Other is selected.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

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

Analysis Component Actual Cost Amount

The actual amount of the cost of a structural component that is being analyzed as specified by the Analysis Component Type.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD

Analysis Component Actual Total Cost Amount

The actual amount of the total cost of structural components that are being analyzed.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD

Analysis Component Estimated Cost Amount

The estimated amount of the cost of a structural component that is being analyzed as specified by the Analysis Component Type.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD

Analysis Component Estimated Total Cost Amount

The estimated amount of the total cost of structural components that are being analyzed.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD

Analysis Component Type

A collection of values that specify the component, room or structural element being analyzed.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD

Analysis Component Type Other Description

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

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD

Anti Steering Comparison Type

Specifies how the loan conditions have been changed for this comparison instance for the purposes of anti steering (safe harbor) regulatory requirements.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD

Anti Steering Comparison Type Other Description

A free-form text field which contains the description of the Anti-Steering comparison type when Other is selected as the Anti-Steering Comparison Type.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD

 

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