mortgage acronyms for beginners...mortgage acroynms for the beginner 11 ... use this presentation to...
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Genworth Mortgage Insurance Corporation ©2015 Genworth Financial, Inc. All rights reserved.
Mortgage Acronyms for the Beginner
August 2020
©2020 Genworth Financial, Inc. All rights reserved.
Customer Education
Brought to you by: Genworth Customer Development and Process Consulting
What we will cover:
– The Mortgage Industry uses many different acronyms; This session will provide
definitions of many of the commonly used acronyms to get the “New to the
Mortgage Industry” professional understanding basic terminology
Objectives
2Mortgage Acroynms for the Beginner
3Mortgage Acroynms for the Beginner
DU®
CRM
PITI/PITIA
DTI1003/65/URLA
FICO
CFPBAUS LTVLE
NMLS#
QM
LOSCLTV
GSE
TPO
VA
POC
CD HELOC
ARM
LPA
VVOE/PCV HUD
FHA REPSAHMDA
ATR
PMI
URAR/1004
MBS
SOFR
VOE
VOM MLO
Loan Estimate
4Mortgage Acroynms for the Beginner
Loan Estimate
5Mortgage Acroynms for the Beginner
Closing Disclosure
6Mortgage Acroynms for the Beginner
Closing Disclosure
7Mortgage Acroynms for the Beginner
Closing Disclosure
8Mortgage Acroynms for the Beginner
URAR
9Mortgage Acroynms for the Beginner
URAR
10Mortgage Acroynms for the Beginner
•Mortgage Acroynms for the Beginner 11
URLA/1003/65
•Mortgage Acroynms for the Beginner 12
URLA/1003/65
•Mortgage Acroynms for the Beginner 13
URLA/1003/65
https://www.fanniemae.com/singlefamily/uniform-residential-loan-application
•Mortgage Acroynms for the Beginner 14
•Mortgage Acroynms for the Beginner 15
VOE/1005
•Mortgage Acroynms for the Beginner 16
VOM
Genworth Underwriting Guidelines
Mortgage Acroynms for the Beginner 17
Genworth Rate Express®
Mortgage Acroynms for the Beginner 18
LOS Connections
Mortgage Acroynms for the Beginner 19
Training Tools and Information
Mortgage Acroynms for the Beginner 20
Training Tools and Information
21Mortgage Acroynms for the Beginner 21
Additional MI Site Information
Mortgage Acroynms for the Beginner 22
➢ ActionCenter®: 800 444.5664
➢ Your Local Genworth
Regional Underwriter
➢ Your Genworth Sales
Representative
Your Genworth Resources
Mortgage Acroynms for the Beginner 23
Legal Disclaimer Genworth Mortgage Insurance is happy to provide you with these training materials. While we strive for
accuracy, we also know that any discussion of laws and their application to particular facts is subject to
individual interpretation, change, and other uncertainties. Our training is not intended as legal advice, and is
not a substitute for advice of counsel. You should always check with your own legal advisors for
interpretations of legal and compliance principles applicable to your business.
,GENWORTH EXPRESSLY DISCLAIMS ANY AND ALL WARRANTIES, EXPRESS OR IMPLIED
INCLUDING WITHOUT LIMITATION WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A
PARTICULAR PURPOSE, WITH RESPECT TO THESE MATERIALS AND THE RELATED TRAINING. IN
NO EVENT SHALL GENWORTH BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, PUNITIVE, OR
CONSEQUENTIAL DAMAGES OF ANY KIND WHATSOEVER WITH RESPECT TO THE TRAINING AND
THE MATERIALS.
Genworth Mortgage Insurance Offers A Comprehensive Suite Of Training
Opportunities To Boost Your Know-How, Benefit Your Bottom Line, And Serve Your
Borrowers Better. Visit mi.genworth.com To Learn More.
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Mortgage Acroynms for the Beginner 24