Archive for May, 2010

Acronyms. the Final Frontier!

I can’t think of any other industry that utilizes acronyms more than the real estate business. We’ve got an acronym for every detail of work and every program coming down the pike. Here are but a few acronyms that we use everyday to simplify the real estate transaction. RESPA,HUD,BOM,COE,RPA,TDS,HAFA,HAMP,BPO,REO,NOD,NOS,LTV,DOM,WPA,AD,MOT,FISBO,SSA,CTNL and about a thousand others. And […]