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VocabTest.com Material
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3) Wordly Wise 3000®
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Book 12
Mortgage Terms Crossword
Down
:
1) any mortgage other than 30-year fixed rate mortgage
3) # or other identifier assigned by NMLS
4) individual who takes an application for or offer/ negotiates the terms of a residential mortgage loan
7) commercial message in any medium that promotes a mortgage loan
10) loan terms required to be disclosed under the Truth in Lending Act and regulations
12) charges paid to obtain a mortgage loan.
13) a one to four family residential property
14) written offer to make a mortgage loan signed by a person authorized to sign on behalf of a mortgage lender.
16) American Association of Residential Mortgage Regulators
Across
:
2) individual who performs clerical or support duties under the direction and supervision of a licensee or exempt person
5) person with significant management responsibility
6) person who originates or makes mortgage loans
8) any fee accepted by a mortgage lender, or by a mortgage broker for transmittal to a mortgage lender, as consideration for making a lock-in agreement.
9) Nationwide Mortgage Licensing System
11) bona fide fees or charges paid by the applicant for a mortgage loan to third parties
15) meets definition of mortgage loan originator; is registered with NMLS or Registry.
17) refers to any individual, firm, corporation, partnership, association, legal or commercial entity, or other group of individuals, however organized.
18) spouse, child, sibling, parent, grand parent, step child, step sibling, or adoptive relationship
19) owns 10% or more of the applicant
20) written agreement between a mortgage lender and an applicant that establishes and sets an interest rate and the points to be charged in connection with a mortgage loan closed within the time period specified in the agreement
21) loan made to an individual to be used for personal, family, or household purposes, secured by a mortgage or deed of trust in the interest of dwelling, located within the state.
22) any person who collects payments due to the note holder or when the same one is in likely hood of default works with them to avoid foreclosure.
23) person who negotiates, places or finds mortgage loans, or offers to do the same for consumers.
24) Conference of State Bank Supervisors
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