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You know how sometimes you see some letters jumbled together, and they just don't make a single bit of sense to you? Well, maybe this list of acronyms and abbreviations will help.
A.B.A.—American Bar Association
ALTA—American Land Title Association
A.P.R.—Annual Percentage Rate
ARM—Adjustable Rate Mortgage
BAPCPA—Bankruptcy Abuse Prevention and Consumer Protection Act of 2005
BPO—Broker Price Opinion
CAIVRS—Credit Alert Investigation Verification Response Systems.
C.D.—Certificate of Deposit, see page
CDC—Community Development Corporation.
CMA—Comparative Market Analysis
C.P.M.—Certified Property Manager
C.T.A.—Cum Testamento Annexo (with the will attached. See Administrator C.T.A.)
CRV—Certificate of reasonable value.
DBA—Doing Business As.
DOM—Days on Market, see page #??
ECOA—Equal Credit Opportunity Act
EEM—Energy Efficient Mortgage
EIC—Earned Income Credit
EPA—Environmental Protection Agency.
ERTA—Economic Recovery Act of 1981.
FDC—Fair Debt Collection law
FDIC—Federal Deposit Insurance Corporation
FHA—Federal Housing Administration
FHLMC—Freddie Mac
FICO—See credit score.
FIS—Foreclosure Intervention Specialist
FSBO—“For Sale by Owner”
FTC—Federal Trade Commission
GFE—Good Faith Estimate
GNMA—Ginnie Mae
HECM—Home Equity Conversion Mortgage
HELOC—Home Equity Line of Credit
HOEPA—Home Owner Equity Protection Act--
HUD—Housing and Urban Development
HUD-1—See Settlement Statement.
IRA—Individual Retirement Account
LIHEAP—Low Income Home Energy Assistance
MERS—Mortgage Electronic Registration System
MIC—Mortgage Insurance Case Number
NAR—National Association of REALTORS
NSF Fee—Non-Sufficient Fund Fee. See Return check fee.
If you have any questions about these, you should always feel free to leave us a comment, or e-mail us.
A.B.A.—American Bar Association
ALTA—American Land Title Association
A.P.R.—Annual Percentage Rate
ARM—Adjustable Rate Mortgage
BAPCPA—Bankruptcy Abuse Prevention and Consumer Protection Act of 2005
BPO—Broker Price Opinion
CAIVRS—Credit Alert Investigation Verification Response Systems.
C.D.—Certificate of Deposit, see page
CDC—Community Development Corporation.
CMA—Comparative Market Analysis
C.P.M.—Certified Property Manager
C.T.A.—Cum Testamento Annexo (with the will attached. See Administrator C.T.A.)
CRV—Certificate of reasonable value.
DBA—Doing Business As.
DOM—Days on Market, see page #??
ECOA—Equal Credit Opportunity Act
EEM—Energy Efficient Mortgage
EIC—Earned Income Credit
EPA—Environmental Protection Agency.
ERTA—Economic Recovery Act of 1981.
FDC—Fair Debt Collection law
FDIC—Federal Deposit Insurance Corporation
FHA—Federal Housing Administration
FHLMC—Freddie Mac
FICO—See credit score.
FIS—Foreclosure Intervention Specialist
FSBO—“For Sale by Owner”
FTC—Federal Trade Commission
GFE—Good Faith Estimate
GNMA—Ginnie Mae
HECM—Home Equity Conversion Mortgage
HELOC—Home Equity Line of Credit
HOEPA—Home Owner Equity Protection Act--
HUD—Housing and Urban Development
HUD-1—See Settlement Statement.
IRA—Individual Retirement Account
LIHEAP—Low Income Home Energy Assistance
MERS—Mortgage Electronic Registration System
MIC—Mortgage Insurance Case Number
NAR—National Association of REALTORS
NSF Fee—Non-Sufficient Fund Fee. See Return check fee.
If you have any questions about these, you should always feel free to leave us a comment, or e-mail us.
Copyright © 2008, Home Ownership Matters, LLC. All Rights Reserved.
You can find more helpful definitions of Acronyms and Abbreviations like these in Your Real Estate Advisor which can be purchased at www.DovePublishingHouse.com.
(Please E-mail Heather at homeownershipmatters@gmail.com with any questions, comments or concerns you might have! We appreciate all comments and feedback, so please don't be shy.)
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