Just Letters
VOL
What is Violation of Law?
These two loan categories are considered the most complex to work with and team members must have a solid foundation loan knowledge before begin to learn.
What are construction and multiple property bridge loans?
This is a recorded document used in Arizona to change the vesting on a collateral.
What is a warranty deed?
This team member, who once called her self one of us, has seen William Shakespeare's grave.
Who is Kate?
This team member is a newly wed.
Who is Nate?
MCL
What is Mortgage and Consumer Lending?
There are this many total tabs within the workbook which may be utilized to prepare any loan product. (This does NOT include the "DO NOT TOUCH" tab.)
What is 27?
This purple color we all know and love to see in our queues means it is going away.
What is disposition?
This team member claims she is "not very interesting." I think she is wrong since she has a 19 year old cat, she originally got at 6 weeks old, who is still hunting moths. She is also our team's go-to condiment one-stop-shop!
Who is Nicole?
This team member was named after the very famous, talented and beautiful "pre-historic" movie actress.
Who is Raquel?
SLO
What is Service Level Objectives?
This is the goal percentage we shoot for all three SLOs.
What is 90%
This is the a new acronym we recently switched to which better encapsulates the check we do for TRID covered loans secured by a primary residence.
What is HPML?
This team member feels "I'm pretty boring LOL" but likes to go hiking with his dog.
Who is Matt?
This team member began her FB adventure on the Consumer Non-Mortgage team and loves to collect Snoopy items.
Who is Susan?
HMDA
What is Home Mortgage Disclosure Act?
There were 619 of these according to the last Pre-Close report (I looked at while creating this question.)
What are perfect files?
These are loans either secured by an investment property with the funds used for a consumer purpose OR unsecured. It is NOT a special product reserved for employees with a specify title or above.
What is an Executive 1LOC?
This team member's favorite past time is reading historical fiction and memoirs. She also has 3 amazing four legged assistants at her beck and call.
Who is Becki?
This team member comes a VERY large family due to their mother having 20 brother and sisters. Yet, this team member is an only child.
Who is Maria?
FDICIA
What is Federal Deposit Insurance Corporation Improvement Act of 1991?
In this month, 91% of the incoming loans ended up closed for us.
What is August? 493 incoming and 449 closed.
This is pledge something as security for a loan, without the actual deliver of the item pledged (taken straight off Google).
What is Hypothecaution?
This team member can speak and read Russian.
Who is Daniel?
This team member played two years of Double A baseball in Billings, MT and is proud to be part of 5 generations of Firefighters.
Who is Dennis?