Mortgage Term Abbreviations
ARM Adjustable rate mortgage
APR Annual percentage rate
CRV Certificate of Reasonable Value
ECOA Equal Credit Opportunity Act
FHA Federal Housing Administration
FHLBB Federal Home Loan Bank Board
FHLMC Federal Home Loan Mortgage Corporation (a.k.a. "Freddie Mac")
FmHA Farmers Home Administration
FNMA Federal National Mortgage Association (a.k.a. "Fannie Mae")
GNMA Government National Mortgage Association
GPM Graduated Payment Mortgage
GPO Guaranteed Purchase Offer
LTV Loan to Value Ratio
MIP Mortgage Insurance Premium
OTS Office of Thrift Supervision
PITI Principle, Interest, Taxes and Insurance
PMI Private Mortgage Insurance
RAM Reverse Annuity Mortgage
RESPA Real Estate Settlement Procedures Act
SAM Shared Appreciation Mortgage
SFR Single Family Housing
VOD Verification of Deposit
VOE Verification of Employment
VRM Variable Rate Mortgage
Forbes.com: Real Estate News
In a wealthy Bethesda, Md., neighborhood, this Colonial is listed for $2.3 million.
Metros where folks have enough money for everyday expenses, and spots where daily budgets eat up a sizable chunk of incomes.
Former Continental Airlines chief nabs Manhattan apartment at a discount from widow of friend of fraudster.
Bankrate.com: Mortgages Headlines
A mortgage broker can be a big help on a land refinance that includes a so-called "story loan."
A condominium homeowner may benefit from a mortgage refinance on an interest-only loan.
Homeowners dream of a new retirement home but fear the nightmare of holding two mortgages.
When shopping for mom and dad, weigh these options to decide if it's a second home or a rental.
Scammers use phony mortgage modifications to prey on homeowners. Here are four ways to foil scams.
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