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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
Active Workout Document Status Type

Specifies the status of the documentation for an active workout.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD

Active Workout Document Status Type Other Description

A free-form text field used to collect additional information when Other is selected as the Active Workout Document Status Type.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD

Actual Contribution Amount

The actual dollar amount of the contribution.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD

Actual HUD Funded Counseling And Education Activities Count

The number of actual HUD funded housing counseling and education activities per category.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD

Actual Insurance Claim Amount

The actual dollar amount of the insurance claim.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD

Actual Insurance Proceeds Amount

The actual dollar amount of the insurance proceeds.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD

Actual Rent Per Unit Finished Area Amount

The dollar amount of the rent per finished area unit of measure (e.g. square feet, square meters) determined by dividing the amount of actual rent by the total finished area of the living unit.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD

Actual Signature Type

The ActualSignatureType contains the actual type of the signature applied to the signature field.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #ClosingDisclosure, #LDD

Actual Signature Type Other Description

Contains a description of the signature type when the value of �Other� is used for the ActualSignatureType attribute.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #ClosingDisclosure, #LDD

Additional Borrower Assets Considered Indicator

The income or assets of a person other than the borrower (including the spouse of the borrower) will be used as a basis for loan qualification.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD

Additional Borrower Assets Not Considered Indicator

The income or assets of the borrower's spouse will not be used as a basis for loan qualification, but his or her liabilities must be considered because the borrower resides in a community property state, the security property is located in a community property state, or the borrower is relying on other property located in a community property state as a basis for repayment of the loan.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD

Additional Charge Amount

The monetary amount of a charge, an adjustment, a loss, a recovery, or an advance associated with a loan.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD

Additional Charge Date

The date of the additional charge being reported to the Investor.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD

Additional Charge Type

A description of a charge, an adjustment, a loss, a recovery, or an advance associated with a loan.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD

Additional Charge Type Other Description

A free-form text field used to collect additional information when Other is selected for Additional Charge Type.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD

Additional Client Requested Conditions Comment Description

A free-form text field describing the client requested conditions of the assignment.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD

Additional Client Requested Conditions Indicator

When true, indicates that one or more additional client requested value conditions are present in the appraisal report.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD

Additional Comparison Line Item Description

A free-form text field describing the additional comparison item.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD

Additional Comparison Line Item Identifier

A unique alphanumeric string identifying an additional comparison item.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD

Additional Data Item Name

The name for the additional data item.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD

 

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