INDEX OF ACRONYMS
We are providing this index of acronyms used in this Information Statement for the convenience of the reader. All of the acronyms listed below are defined at their first use in this document.
- AOCI
- Accumulated other comprehensive income (loss), net of taxes
- ARM
- Adjustable-rate mortgage
- CMBS
- Commercial mortgage-backed securities
- CMT
- Constant Maturity Treasury
- DOL
- Department of Labor
- EITF
- Emerging Issues Task Force
- ERISA
- Employee Retirement Income Security Act
- ESPP
- Employee Stock Purchase Plan
- Euribor
- Euro Interbank Offered Rate
- Fannie Mae
- Federal National Mortgage Association
- FASB
- Financial Accounting Standards Board
- FEC
- Federal Election Commission
- FHA
- Federal Housing Administration
- FICO
- Credit scores initially developed by Fair, Issac and Co., Inc.
- FIN
- Financial Accounting Standards Board Interpretation
- FSP
- Financial Accounting Standards Board Staff Position
- GAAP
- U.S. generally accepted accounting principles
- Ginnie Mae
- Government National Mortgage Association
- GSE
- Government-sponsored enterprise
- GSE Act
- The Federal Housing Enterprises Financial Safety and Soundness Act of 1992
- HUD
- Department of Housing and Urban Development
- IO
- Interest only
- IRR
- Internal rates of return
- IRS
- Internal Revenue Service
- LIBOR
- London Interbank Offered Rate
- LIHTC
- Low-Income Housing Tax Credit
- LTV
- Loan-to-Value
- MD&A
- Management's Discussion and Analysis of Financial Condition and Results of Operations
- NPV
- Net present value
- NYSE
- New York Stock Exchange
- OAS
- Option-Adjusted Spread
- OFHEO
- Office of Federal Housing Enterprise Oversight
- OTC
- Over-the-Counter
- PC
- Mortgage Participation Certificate
- PCAOB
- Public Company Accounting Oversight Board
- PMVS
- Portfolio Market Value Sensitivity
- PMVS-L
- Portfolio Market Value Sensitivity-Level
- PMVS-YC
- Portfolio Market Value Sensitivity-Yield Curve
- PwC
- PricewaterhouseCoopers LLP
- REIT
- Real Estate Investment Trust
- REMIC
- Real Estate Mortgage Investment Conduit
- REO
- Real Estate Owned
- RHS
- Rural Housing Service
- S&P
- Standard & Poor's
- SEC
- Securities and Exchange Commission
- SFAS
- Statement of Financial Accounting Standards
- SS&TG
- Securities Sales and Trading Group
- TBA
- To Be Announced
- VA
- Department of Veterans Affairs
- VIE
- Variable interest entity
