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Acronyms Trivia

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    A trivia on acronyms (to be used if there is extra time)
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  • What does VOM stand ?
    Verification of Mortgage (Document of mortgage payment history which verifies the existing balance and any late payments) we often use this in title.
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  • What does PUD stand for?
    Planned Unit Development
  •  5
  • What does FHA mean in the mortgage industry?
    Federal Housing Administration
  •  5
  • What does POA mean?
    Power of Attorney
  •  5
  • What does VA mean in the Mortgage industry?
    Veteran's Administration
  •  5
  • What does POO mean in the mortgage industry?
    Proof of Occupancy
  •  5
  • What does NBS stand for?
    Blood Pressure
  •  5
  • What does FNMA stand for?
    Fannie Mae
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  • What does FHA stand for?
    Federal Housing Administration
  •  5
  • What does FMC stand for?
    Freedom Mortgage Corporation
  •  5
  • What does ACD stand for?
    Anticipated Closing Date
  •  5
  • What does CA stand for?
    Customer Advocate
  •  5
  • What does CD stand for?
    Closing Disclosure
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  • What does TT stand for?
    Title Track
  •  5
  • What does CTC stand for?
    Clear to Close or Cash to Close
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