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Business & Finance
>> Mortgage Abbreviations
Look through 416 acronyms and abbreviations related to Mortgage:
PRISM
— Pensions Retirement Investments Savings And Mortgages
POM
— A Position Of Mortgage
CAGR
— Compound Annual Growth Rate
APR
— Annual Percentage Rate
PMSI
— Professional Mortgage Solutions Inc
ADDTL
— additional
PMI
— Primary Mortgage Insurance
PIR
— Prime Interest Rate
CMO
— Collateralized Mortgage Obligation
GDP
— Gross Domestic Product
IRR
— Internal Rate of Return
VAT
— Value Added Tax
BFP
— Bona Fide Purchaser
CPI
— Consumer Price Index
IPO
— Initial Public Offering
R&D
— Research & Development
ADR
— American Depositary Receipt
LTV
— Loan To Value
GNP
— gross national product (economics)
OTC
— Over The Counter (medications not requiring a prescription)
NRV
— Net Realizable Value
REO
— Real Estate Owned
ARM
— Adjustable Rate Mortgage
DRC
— Depreciated Replacement Cost
NAV
— Net Asset Value
RAM
— Reverse Annuity Mortgage
PV
— Present Value
DJIA
— Dow Jones Industrial Average
NLA
— Net Leasable Area
CMA
— Comparative Market Analysis
ALTA
— American Land Title Association
COE
— Cost of Equity
MBA
— Mortgage Bankers Association of America
LIBOR
— London Interbank Offered Rate
ERV
— Estimated Rental Value
ABS
— Automated Bond System
SAM
— Shared-Appreciation Mortgage
GFE
— Good Faith Estimate
PMI
— Private Mortgage Insurance
OBO
— Or Best Offer
ROI
— Rate of Interest
REIT
— Real Estate Investment Trust
NIA
— Net Internal Area
MLS
— Multiple Listing Service
BRR
— Book Rate of Return
AOR
— Association of Realtors
MI
— Mortgage Insurance
TIL
— Truth in Lending
EFT
— Electronic Funds Transfer
REA
— Reciprocal Easement Agreement
RESPA
— Real Estate Settlement Procedures Act
PEPS
— Political, Economic, Physical, Social (forces that drive value)
HELOC
— Home Equity Line of Credit
FDR
— Formal Dining Room
HUD
— Department of Housing and Urban Development (U.S.)
VA
— Veterans Administration
MTG
— Mortgage
CC
— Civil Code
RPP
— Registered Pension Plan
NOI
— Net Operating Income
ACB
— Adjusted Cost Base
GST
— Goods and Services Taxation
IO
— Interest Only
FSBO
— For Sale By Owner
TPL
— Third-Party Liability
CCA
— Capital Cost Allowance
PW
— present worth
MER
— Management Expense Ratio
NAFTA
— North American Free Trade Agreement
RRSP
— Registered Retirement Savings Plan (Canada; Roughly Equivalent To The IRA In The U.S.)
CA
— Chartered Accountant
FMV
— Fair Market Value
PITI
— Principal, Interest, Taxes, and Insurance
GAAP
— Generally Accepted Accounting Principles
PE
— Price-earnings ratio
LUI
— Land Use Intensity
MGIC
— Mortgage Guaranty Insurance Corporation
ARES
— American Real Estate Society
FHLMC
— Federal Home Loan Mortgage Corporation, United States
HAMP
— Home Affordable Modification Program
MRA
— Master Residential Appraiser
MPC
— Master Planned Community
MBO
— Mortgage-Backed Obligation
CAM
— Common Area Maintenance (charges related to commercial leases)
HECM
— Home Equity Conversion Mortgage
CGT
— Capital Gains Tax
SEM
— Shared-Equity Mortgage
P&C
— Property and Casualty
PSF
— Per Square Foot
MIP
— Mortgage Insurance Premium
MSA
— Master Senior Appraiser
NSF
— Not Sufficient Funds
OIRO
— Offers In the Region Of...
TRA
— Tax Reform Act
OER
— Operating Expense Ratio
DIM
— Deferred-Interest Mortgage
LBO
— Leveraged Buy Out
MBS
— mortgage backed security
AIREA
— American Institute of Real Estate Appraisers
PO
— Principal Only
WHMT
— Widely Held Mortgage Trust
DTI
— Debt-To-Income Ratio
I/O
— Interest Only
EMD
— Earnest Money Deposit
MECA
— Mortgage Extension Consolidation Agreement
PAM
— Pledged Account Mortgage
ASHI
— American Society of Home Inspectors
PHA
— Public Housing Administration
RESP
— Registered Education Savings Plan
ASA
— American Society of Appraisers
LTV
— Loan-to-Value
EEM
— Energy Efficient Mortgage
ROM
— Roll-Over Mortgage
DPSP
— Deferred Profit Sharing Plan
MBS
— mortgage-backed securityies
MBB
— mortgage-backed bond
PID
— Planned Industrial Development
MMI
— Mutual Mortgage Insurance
HARP
— Home Affordable Refinance Program
NMLSR
— Nationwide Mortgage Licensing System and Registry
NPL
— Nonperforming loan
HVCC
— Home Valuation Code of Conduct (mortgage and appraisal industry)
PCD
— Planned Commercial Development
SFD
— Single Family Detached
UI
— Unemployment Insurance
TI
— Tenant Improvement
NIM
— Net Income Multiplier
TIC
— The Instant Classic
LVR
— Loan to Value Ration
VPM
— Variable-Payment Mortgage
CH/BW
— Chain Link/Barbed Wire
NHBC
— National House-Building Council
PMDT
— Purchase Money Deed of Trust
MILA
— Mortgage Investment Lending Associates
TIP
— Treasury Investment Program
DS
— Due on Sale (clause)
FCL
— Foreclosure
REC
— Real Estate Commission
VRM
— Variable-Rate Mortgage
CUV
— Current Use Value
RRIF
— Registered Retirement Income Funds
VAP
— Variable Payment (Mortgage)
EAL
— Exclusive Agency Listing
ABM
— Automated Banking Machine
ITC
— Investment tax credit (policy)
NCA
— National Credit Act
PST
— Provincial Sales Tax
CTC
— Clear to Close
PA
— Power of Attorney
IC
— Information Circular
MARS
— Mortgage Assistance Relief Services
TIEFF
— Title Insurance Enforcement Fund Fee
MOP
— Mortgage Origination Program
BP
— Basis Point
DSC
— Deferred Sales Charge
HST
— Harmonized Sales Tax
PTD
— Paid-To Date
PA
— Pension Adjustment
EFP
— Exchange For Physicals
PPI
— Payment Protection Insurance
FHFA
— Federal Housing Finance Agency
LMI
— Lender's Mortgage Insurance
MPAU
— Mortgage Payment Assistance Unemployment
SDRSP
— Self-Directed Retirement Savings Plan
MSR
— Mortgage Servicing Rights
FHLBB
— Federal Home Loan Bank Board
CCPC
— Canadian Controlled Private Corporation
PAC
— Pre-Authorized Chequing
CDNX
— Canadian Venture Exchange
GSTC
— Goods and Services Tax Credit
MEW
— Mortgage Equity Withdrawal
IDA
— Investment Dealers Association of Canada
FAMB
— Florida Association of Mortgage Brokers
CCTB
— Canada child tax benefit
LOX
— Letter of Explanation
POC
— Paid Outside of Closing
OHOSP
— Ontario Home Ownership Savings Plan
MRTA
— Mortgage Reducing Term Assurance
MLC
— Mortgage Loan Company
AVC
— Additional Voluntary Contribution
LEM
— Location Efficient Mortgage
LUMP SUM
— Single Payment; no further payments due
SBC
— Small Business Corporation
OIA
— Optional Inventory Adjustment
AAMB
— Arizona Association of Mortgage Brokers
HOI
— Home Owner's Insurance
AMPA
— Agricultural Marketing Programs Act
NHA
— National Housing Act
CMMC
— Chase Manhattan Mortgage Corporation
MLD
— Mortgage Lending Division
NISA
— Net Income Stabilization Account
HAMB
— Hawaii Association of Mortgage Brokers
FRMC
— First Republic Mortgage Corporation
RCA
— Retirement Compensation Arrangement
MRB
— Mortgage Revenue Bonds
CMB
— Certified Mortgage Banker
FAMP
— Florida Association of Mortgage Professionals
VOE
— Verification of Employment
RR
— Registered Representative
STD
— Short Term Debt
CDIC
— Canada Deposit Insurance Corporation
IAD
— Interest Adjustment Date
REFI
— Refinance/Refinancing
MOR
— Margin Of Repayment
HSBC
— Hongkong Shangai Banking Corporation
DU
— Dwelling Unit
MPPI
— Mortgage Payment Protection Insurance
MCCB
— Mortgage Code Compliance Board
ORESO
— Ontario Research Employee Stock Option Credit
CRV
— CERTIFICATE OF REASONABLE VALUE
BCL
— Bank Credit Letter
PMCC
— Prudential Mortgage Capital Company
GNFG
— Great Northern Financial Group, Inc.
MIF
— Mortgage Insurance Fund
SWP
— Systematic Withdrawal Plan
MICC
— Mortgage Insurance Corporation of Canada
RWMI
— Residential Wholesale Mortgage Inc
EAFC
— Escrow Agents' Fidelity Corporation
MIA
— Mandatory Inventory Adjustment
TD
— Term Deposit
GAAR
— General Anti-Avoidance Rule (tax Evasion)
CMHC
— Canada Mortgage and Housing Corporation
MFDA
— Mutual Fund Dealers Association of Canada
MMG
— MORTGAGE MARKET GUiDE
LARP
— loan assistance repayment program
ILOC
— Irrevocable Letter of Credit
ASMB
— American School of Mortgage Banking
PIT
— Principal, Interest, Taxes.
MARM
— Modified Adjustable Rate Mortgage
FSAL
— Financial Sector Adjustment Loan
ABIL
— Allowable Business Investment Loss
EAP
— Education Assistance Payments
MIN
— Mortgage Identification Number
MFA
— Mortgage Finance Authority
CAMB
— California Association of Mortgage Brokers
RMBS
— Residential Mortgage Backed Security
UFMIP
— Up Front Mortgage Insurance Premium
PRIME
— Please Remember I Mortgaged Everything
RMCR
— Residential Mortgage Credit Report
MAMB
— Mississippi Association of Mortgage Brokers
MPA
— Medical Power of Attorney
FBMG
— First Business Mortgage Group
BMFS
— Better Mortgage Financial Services
MPPP
— Mortgage Portfolio Protection Program
RMBS
— Russian Mortgage-Backed Securities
HBP
— Home Buyers' Plan
MCT
— Mortgage Capital Trading
IFBC
— Independent Financial Brokers of Canada
PAR
— Pension Adjustment Reversal
EBI
— Effective Buying Income
NAMC
— Nationwide Advantage Mortgage Company
CCI
— Credit Card Insurance
NMFS
— National Mortgage Field Services
ACCHA
— l'Association canadienne des conseillers hypothécaires accrédités (Canadian Association of Accredited Mortgage Professionals)
LPMI
— Lender Paid Mortgage Insurance
CMLA
— Colorado Mortgage Lenders Association
MBAH
— Mortgage Bankers Association of Hawaii
FCIDB
— Federation of Canadian Independent Deposit Brokers
OFIDP
— Ontario Farm Income Disaster Program
ILM
— Index Linked Mortgage
PHSP
— Private Health Services Plan
MCG
— MORTGAGE
IMFL
— Illinois Mortgage Foreclosure Law
MFAA
— Mortgage and Finance Association of Australia
CMLA
— Community Mortgage Lenders of America
MFFI
— Mortgage Foreclosure Fraud Investigator
DSLP
— Deferred Salary Leave Plan
CMBS
— Collateralized Mortgage Backed Securities
PEMD
— Program for Export Market Development
LDP
— Loan Deficiency Payment
CAAMP
— Canadian Association of Accredited Mortgage Professionals
CAM
— Current Account Mortgage
NMLSR
— National Mortgage Lending System and Registry
FHA
— Federal Housing Authority
MLAR
— Mortgage Lenders Administrators Return
MERS
— Mortgage Electronic Registration System
NCB
— National Child Benefit
MIRO
— Mortgage Interest Run-On
CMFC
— CLICO Mortgage and Finance Corporation
KMFS
— Keane Mortgages and Financial Services
SMLA
— Survey of Mortgage Lending Activity
OETC
— Overseas Employment Tax Credit
BD
— book depreciation
HVE
— Home Value Explorer
GIC
— Guaranteed Investment Certificate
CCMA
— Code of Conduct on Mortgage Arrears
EHT
— Employer Health Tax
MAB
— Mortgage Advice Bureau
APMC
— American Pacific Mortgage Corporation
FMM
— First Meridian Mortgage
ACMC
— Acceptance Capital Mortgage Corporation
AHMC
— Acceptance Home Mortgage Corp.
UMLA
— Utah Mortgage Lenders Association
DFT
— Direct Funds Transfer
DER
— Debt-to-Equity Ratio
TMRC
— TANZANIA MORTGAGE REFINANCE COMPANY
FTMC
— Fifth Third Mortgage Corp
AV
— Assessed Valuation
MIP
— Mortgage Interest Payment
MORTG
— MORTGage
VMF
— Vanderbilt Mortgage and Finance
CSB
— Canada Savings Bonds
HMLA
— Housing Mortgage Lending Agency
TMW
— The Mortgage Works
BMIR
— Below Market Interest Rate
AMRE
— Asset Management Real Estate
BA
— Banker's Acceptances
UMDP
— Uniform Mortgage Data Program
BL
— Business Loan
OSC
— Ontario Securities Commission
LIBOR
— London Inter-Bank Offered Rate
MAMB
— Maryland Association of Mortgage Brokers
FSAP
— Financial Services Action Plan
IMHO
— Irish Mortgage Holders Organisation
P&I
— Principal and Interest
NAMC
— North American Mortgage Company
GIS
— Guaranteed Income Supplement
MURB
— Multiple-Unit Residential Building
LPMI
— Lender Private Mortgage Insurance
AMP
— Accredited Mortgage Professional (see also CAAMP)
MPP
— Mortgage Payment Protection
MAP
— Mortgage Acceleration Program
CHMI
— Cherry Hill Mortgage Investment
NORMAL
— Neighborhood Ownership Recovery Mortgage Assistance Loan
AHMC
— Absolute Home Mortgage Corporation
LTT
— Land Transfer Tax
GHMC
— Guaranteed Home Mortgage Company
AMAC
— Amacamerican Mortgage Acceptance Company
CMS
— Commercial Mortgage Securities
PMI
— Premium Mortgage Insurance
DTC
— disability tax credit
FHA2LP
— Treasury/FHA Second Lien Program
BKR
— BanKRuptcy
AAG
— American Advisors Group
AIL
— Annual Information Form
PSPA
— Past Service Pension Adjustment
MARMA
— Modified Accrual Reference Margin Adjustment
VAMPIRE
— Vulnerability Assessment for Mortgage Petrol and Inflation Risks and Expenditure
MTG/MTGE
— mortgage (finance)
DBR
— Debt to Burden Ratio
RMG
— Residential Mortgage Group
DIL
— Deed in Lieu of Foreclosure
CCI
— Consumer Credit Insurance
MAA
— Mortgage Action Alliance
OOR
— Owner of Record
RTOR
— Rent To Own Refinancing
WDO
— Wood-Destroying Organism
ROIF
— Research-Oriented Investment Fund
HECM
— A Hud Equity Conversion Mortgage
MCR
— Mortgage Call Report
QPP
— Quebec Pension Plan
HLAR
— Home Loan Application Register
BMLO
— Board of Mortgage Loan Originators
IFIC
— Investment Funds Institute Of Canada.
QFP
— Qualified Farming Property
SR
— Short Refinance
ENS
— Eligible Net Sales
QWR
— Qualified Written Request
RPD
— Residential Planned Development
CMBS
— Commercial Mortgage Backed Securities
FRM
— Fix Rate Mortgage
HL
— Home Loan
CMP
— Community Mortgage Program
NPNI
— No Payments/No Interest
MBAF
— Mortgage Bankers Association of Florida
EO-LSVCC
— Employee Ownership Labour-Sponsoredventure Capital Corporation
S
— Settled
MLO
— Mortgage Loan Originator
LSIF
— Labour-Sponsored Investment Fund
RMG
— Reilly Mortgage Group
AIDA
— Agricultural Income Disaster Assistance
GIA
— Guaranteed Interest Annuities
DMBS
— Danish Mortgage Backed Securities
PAM
— pledged asset mortgage
SNDA
— Subordination and Non-Disturbance Agreement
MPPI
— Mortgage Payment Protection Income
GDS
— Gross Debt Service Ratio
LCD
— Loan Closing Date
WBM
— Willow Bend Mortgage
ETF
— Extended Term Financing
YMPE
— Yearly Maximum Pension Earnings
GAINS
— Guaranteed Annual Income System For Seniors
EAC
— Expected At Closure
AIM
— Asset Integrated Mortgage
EL
— Employment Insurance
IMMS
— Inspired Mortgage Management Solutions
QM
— Qualified Mortgage
NOLG/DS
— Notice Of Loan Guarantee and Disclosure Statement
KMG
— Kappel Mortgage Group
CPA
— Canadian Payments Association
MSR
— Mortgage Service Ratio
OAS
— Old Age Security
ALE
— Additional Living Expenses
LRIF
— Life Retirement Income Fund
LSVCC
— Labour-Sponsored Venture Capital Corporation
QMS
— Qualified Mortgages
OWA
— Owners With Aim
TU
— Triple Up
PFS
— Pre-Foreclosure sale
STMC
— Southern Tier Mortgage Company
TDS
— Total Debt Ratio
EFMB
— Empire Financial Mortgage Bankers
HO
— Home Owner
IHE
— Instant Home Equity
JTWRS
— Joint Tenants With Rights of Survivorship
MLA
— Mandate Lead Arranger
EEMS
— Energy Efficient Mortgages
VLFM
— Venture Loans Financing Mortgages
TMAC
— The Mortgage Acquisition Corporation
QM
— Quitting Mortgages
CMCC
— Corporationcanadian Mortgage Capital Corporation
MFFC
— Mortgage Free Faster Calculator
NOLG
— Notice Of Loan Guarantee
CRCE
— Canadian Renewable And Conservation
KYC
— Know Your Client Rule
CHIEF
— Commercial Home Improvement Equity Financing
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