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

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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