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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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Document Form Issuing Entity Name Type

Identifies the organization that defined the document form/template.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #ClosingDisclosure, #LDD, #LoanApplication

Document Form Issuing Entity Number Identifier

The identifier that the issuer assigned to the document form/template. The identifier normally does not include the issuer identifier unless the document is generally known by that identifier.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD, #LoanApplication

Document Form Issuing Entity Version Identifier

The version identifier that the issuer assigned to the document form/template.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #ClosingDisclosure, #LDD, #LoanApplication

Document Form Publisher Entity Name

The name of the organization that made the form/template available. Example: D+H, Wolters Kluwer.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD, #LoanApplication

Document Form Publisher Number Identifier

The identifier that the publisher assigned to the document form/template.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD, #LoanApplication

Document Form Publisher Version Identifier

The version identifier that the publisher assigned to the document form/template.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD, #LoanApplication

Document Type

A value from a MISMO prescribed list that represents either a category of document or a category and sublevel of a document combined into a single enumeration.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

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

Document Type Other Description

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

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #ClosingDisclosure, #LDD, #LoanApplication

Domestic Relationship Indicator

When true, indicates that the borrower is in a civil union, domestic partnership, or registered reciprocal beneficiary relationship recognized by the State in which he/she currently resides or where the property is located.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

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

Domestic Relationship State Code

The two-character postal representation of the US state, US Territory, Canadian Province, Military APO FPO, or Territory in which the relationship with an individual who is not a legal spouse was formed.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

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

Domestic Relationship Type

A value from a MISMO prescribed list that specifies a borrower�s relationship with an individual who is not a legal spouse but who has real property rights similar to those of a legal spouse.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

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

Domestic Relationship Type Other Description

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

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

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

Employment Borrower Self Employed Indicator

When true, indicates that in the referenced employment the borrower is self-employed.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

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

Employment End Date

The date the borrower left the position with the employer.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

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

Employment Income Indicator

When true, indicates that the Income Type is from an employment source. When false, indicates that the Income Type is from a non employment source.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

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

Employment Monthly Income Amount

The amount per month of income associated with the borrower's employment.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

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

Employment Months On Job Count

The number of complete months of service to an employer from the start of employment until the date on which the employment is reported.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

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

Employment Position Description

A free-form text field describing the borrower's employment position or title.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

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

Employment Start Date

The date that the borrower started the employment position with the employer.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

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

Employment State Type

The current employment status of the borrower.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

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

 

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