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
Celebrities buy second homes for relaxation, real estate profit or both.
High-end, recreational homes north of the border are holding their value--and then some.
Take a tour of Mukesh Ambani's 27-story residential skyscraper in Mumbai, India.
Research indicates a clear connection between a company's sustainability practices and the price of its shares. What's not so apparent is whether it's just a feel-good idea or actually good for cash flow.
Bankrate.com: Mortgages Headlines
If there's a lesson for homeowners trying to avoid foreclosure, it is this: Be patient, don't take mortgage servicers' actions personally, and be ready to send paperwork multiple times.
Mortgage rates went down a bit this week, with the 30-year fixed at 6.13 percent.
Each week, Bankrate.com surveys experts to gauge which way interest rates are headed on mortgages -- a vital tool if you're about to buy a home.
Here's a look at the state of interest rates on five common consumer banking products and the latest rates from Bankrate.com's weekly national survey of large banks and thrifts.
Optimistic consumers are more likely to buy a home, say economists, but with consumer confidence at its lowest level in 17 years, the real estate market is unlikely to rebound soon.
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