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Mortgage glossary
Whether you are buying a home or refinancing, applying for a mortgage is a big step. Use our mortgage glossary to help you through the process. Our comprehensive glossary of mortgage loan terms is even used by loan officers and real estate professionals. Bookmark our mortgage glossary as a quick mortgage definitions and vocabulary reference. |
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- Office of Comptroller of the Currency
The federal agency that charters and regulates national banks.
- Office of Thrift Supervision
The federal agency that charters and regulates federal and state chartered thrifts.
- One-Year Treasury Constant Maturity
An index published by the Federal Reserve Board based on the average yield of a range of Treasury securities, all adjusted to the equivalent of a one-year maturity. Yields on Treasury securities at constant maturity are determined by the U.S. Treasury from
- Original principal balance
The amount you borrowed.
- Origination fee
What a lender charges to process a loan.
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| National
mortgage rates |
| 11/21/2009 5:01:18 AM
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