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