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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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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

Additional Data Item Value

The value for the additional data item.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD

Additional Insured

An individual, business or organization covered by a policy in addition to the named insured.

Term Source: MBA Glossary

Term Type: Actor

Focus Area: #MBAGlossary

Additional Opinion Of Value Amount

An additional opinion of value for the subject property for a specific client requested condition.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD

Additional Project Considerations Type

Describes the specific ownership or use of the project.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD

Additional Project Considerations Type Other Description

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

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD

Additional Property Analyzed Not Used Text

A free-form text field commenting on the reason the appraiser did not include the property in the Sales Comparison Approach.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD

Additional Rental Income Type

A value from a MISMO prescribed list that represents supplemental rental income for a rental property.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD

Additional Rental Income Type Other Description

A free-form text field that specifies the enumeration when the value of Other is used for Additional Rental Income Type.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD

Additional Restoration Funds Amount

The dollar amount a borrower has to pay when a property is underinsured or not insured sufficiently to bring the property back into a livable state.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD

Additional Valuation Identifier

A unique alphanumeric string identifying the valuation report as assigned by a party other than the appraiser (e.g. Client Reference ID, Agency Case Number).

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD

Additional Valuation Identifier Type

A value from a MISMO prescribed list that represents the individual or organization which assigned the valuation identifier.

Term Source: MISMO Logical Data Dictionary (LDD)

Term Type: Data

Focus Area: #LDD

 

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