SAFE Acronym List Flashcards

1
Q

AARMR

A

American Association of Residential Mortgage Regulators

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2
Q

ABA/AfBA

A

Affiliated Business Arrangement Disclosure

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3
Q

AIR

A

AIR Appraisal Independence Requirement

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4
Q

ALIENS

A

Address, Loan amount, Income, Estimated value, Name, SSN

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5
Q

AML

A

Anti-Money Laundering

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6
Q

APOR

A

Average Prime Offer Rate

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7
Q

APR

A

Annual Percentage Rate

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8
Q

ATR

A

Ability to Repay

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9
Q

AUS

A

Automated Underwriting System

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10
Q

BPO

A

Broker’s Price Opinion

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11
Q

BSA

A

Bank Secrecy Act

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12
Q

CCPA

A

Consumer Credit Protection Act

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13
Q

CD

A

Closing Disclosure

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14
Q

CDO’s

A

Collateralized Debt Obligations

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15
Q

CE

A

Continuing Education

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16
Q

CFPB

A

Consumer Financial Protection Bureau

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17
Q

CHARM

A

Consumer Handbook on Adjustable Rate Mortgages

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18
Q

CLTV/TLTV

A

Combined Loan to Value OR Total Loan to Value

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19
Q

CMIR

A

Currency or Monetary Instruments Report

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20
Q

CMO

A

Collateralized Mortgage Obligations

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21
Q

CO

A

Certificate of Occupancy

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22
Q

C/O

A

Cash Out

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23
Q

COE

A

Certificate of Eligibility

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24
Q

COFI

A

Cost of Funds Index

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25
Q

CRA

A

Credit Reporting Agency

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26
Q

CRV

A

Certificate of Reasonable Value

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27
Q

CSBS

A

Conference of State Bank Supervisors

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28
Q

CTR

A

Currency Transaction Report

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29
Q

DO

A

Desktop Originator

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30
Q

DTI

A

Debt to Income

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31
Q

HLTK

A

Home Loan Toolkit

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32
Q

HMDA

A

Home Mortgage Disclosure Act

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33
Q

HOEPA

A

Home Ownership Equity Protection Act

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34
Q

HOI

A

Homeowner’s Insurance

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35
Q

HPA

A

Homeowners Protection Act

36
Q

HPML

A

Higher-Priced Mortgage Loan

37
Q

HUD

A

Housing and Urban Development

38
Q

I/O

A

Interest Only

39
Q

KBYO

A

Know Before You Owe

40
Q

L/AR

A

Loan/Application Register

41
Q

LPA

A

Loan Product Advisor

42
Q

LE

A

Loan Estimate

43
Q

LES

A

Leave and Earnings Statement

44
Q

LIBOR

A

London Interbank Offered Rate

45
Q

LO

A

Loan Originator

46
Q

LTV

A

Loan to Value

47
Q

MAP

A

Mortgage Acts and Practices

48
Q

MBS

A

Mortgage Backed Securities

49
Q

MCR

A

Mortgage Call Report

50
Q

MDIA

A

Mortgage Disclosure Improvement Act

51
Q

MIP

A

Mortgage Insurance Premium

52
Q

MLO

A

Mortgage Loan Originators

53
Q

MSDS

A

Mortgage Servicing Disclosure Statement

54
Q

MU

A

Mortgage Uniform (Form)

55
Q

NFIP

A

National Flood Insurance Program

56
Q

NMLS

A

Nationwide Multistate Licensing System (and Registry)

57
Q

NTS

A

Notice of Transfer Statement

58
Q

PE

A

Pre-Licensing Education

59
Q

PL

A

Principal Limit

60
Q

PMI

A

Private Mortgage Insurance

61
Q

PITI

A

Principal, Interest, Taxes and Insurance

62
Q

QM

A

Qualified Mortgage

63
Q

RESPA

A

Real Estate Settlement Procedures Act

64
Q

R/T

A

Rate and Term

65
Q

SAFE

A

Secure and Fair Enforcement

66
Q

SAR

A

Suspicious Activity Report

67
Q

SEC

A

Securities and Exchange Commission

68
Q

SFHA

A

Special Flood Hazard Area

69
Q

SFHGLP

A

Single Family Housing Guaranteed Loan Program

70
Q

SRR

A

State Regulatory Registry

71
Q

T-Bill

A

(United States) Treasury Bill

72
Q

TCPA

A

Telephone Consumer Protection Act

73
Q

TIL

A

Truth in Lending

74
Q

TILA

A

Truth in Lending Act

75
Q

TIP

A

Total Interest Percentage

76
Q

TOTAL

A

Technology Open To Approved Lenders

77
Q

TRID

A

TILA-RESPA Integrated Disclosure

78
Q

UDAAP

A

Unfair Deceptive or Abusive Acts or Practices

79
Q

URLA

A

Uniform Residential Loan Application

80
Q

USA PATRIOT

A

Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism

81
Q

USC

A

Uniform State Content

82
Q

USDA

A

United States Department of Agriculture

83
Q

USPAP

A

Uniform Standards of Professional Appraisals Practices

84
Q

UST

A

Uniform State Test

85
Q

VA

A

Veteran’s Administration/Affairs

86
Q

VOE

A

Verification of Employment