Safe Exam Prep - Acronyms

Front 1

AARMR

Back 1

American Association of Residential Mortgage Regulators

Front 2

AML

Back 2

Anti-Money Laundering

Front 3

APR

Back 3

Annual Percentage Rate

Front 4

ARM

Back 4

Adjustable-Rate Mortgage

Front 5

BSA

Back 5

Bank Secrecy Act

Front 6

CC&R

Back 6

Covenants, Conditions and Restrictions

Front 7

CE

Back 7

Continuing Education

Front 8

CFPB

Back 8

Consumer Finance Protection Bureau

Front 9

CFR

Back 9

Code of Federal Regulations

Front 10

CHARM

Back 10

Consumer Handbook on Adjustable Rate Mortgages

Front 11

COFI

Back 11

Cost of Funds Index

Front 12

COSI

Back 12

Cost of Savings Index

Front 13

CRV

Back 13

Certificates of Reasonable Value

Front 14

CSBC

Back 14

Conference of State Bank Supervisors

Front 15

DTI

Back 15

Debt to Income Ratio

Front 16

ECOA

Back 16

Equal Credit Opportunity Act

Front 17

FACTA

Back 17

Fair and Accurate Credit Transaction Act of 2003

Front 18

FCRA

Back 18

Fair Credit Reporting Act

Front 19

FEMA

Back 19

Federal Emergency Management Agency

Front 20

FFIEC

Back 20

Federal Financial Institutions Examination Council

Front 21

FHA

Back 21

Federal Housing Administration

Front 22

FInCEN

Back 22

Financial Crimes Enforcement Network

Front 23

FTC

Back 23

Federal Trade Commission

Front 24

GFE

Back 24

Good Faith Estimate

Front 25

GPM

Back 25

Graduated Payment Mortgages

Front 26

HECM

Back 26

Home Equity Conversion Mortgage

Front 27

HELOC

Back 27

Home Equity Line of Credit

Front 28

HLTV or HCLTV

Back 28

HELOC Loan to Value

Front 29

HMDA

Back 29

Home Mortgage Disclosure Act

Front 30

HOEPA

Back 30

Home Ownership and Equity Protection Act

Front 31

HUD

Back 31

Housing and Urban Development

Front 32

LIBOR

Back 32

London Inter-Bank Offer Rate

Front 33

LTV

Back 33

Loan to Value

Front 34

MARS

Back 34

Mortgage Assistance Relief Services

Front 35

MSA

Back 35

Metropolitan Statistical Area

Front 36

MTA

Back 36

Monthly Treasury Average

Front 37

NMLS

Back 37

Nationwide Mortgage Licensing System

Front 38

NPI

Back 38

Non-public Personal Information

Front 39

PITI

Back 39

Principal, Interest, Taxes and Insurance

Front 40

PMI

Back 40

Private Mortgage Insurance

Front 41

QM

Back 41

Qualified Mortgage

Front 42

QRM

Back 42

Qualified Residential Mortgage

Front 43

RESPA

Back 43

Real Estate Settlement Procedures Act

Front 44

S.A.F.E.

Back 44

Secure and Fair Enforcement (For mortgage licensing)

Front 45

SAR

Back 45

Suspicious Activity Report

Front 46

SRP

Back 46

Service Release Premium

Front 47

TILA

Back 47

Truth in Lending Act

Front 48

UFMIP

Back 48

Up Front Mortgage Insurance Premium

Front 49

USC

Back 49

U.S. Code

Front 50

USDA

Back 50

United States Department of Agriculture

Front 51

UST

Back 51

Uniform State Test

Front 52

VA

Back 52

Veterans Affairs

Front 53

YSP

Back 53

Yield Spread Premium