Page 8 of 29Glossary Last Update

5/2024 (Total monthly debts/Gross Monthly Income)*100= Back End Ratio Modules 2.1, 4.1, 4.2, 5.1 Balloon payments An oversize payment due at the end of a mortgage. Modules 1.4, 4.1 Blockbusting To convince, or attempt to convince, a person to sell or rent a dwelling because of the entry, or prospective entry, into the neighborhood of a person or persons of a particular race, color, religion, sex, familial status, national origin, or with a disability. Module 3.1 Cash-for-keys An alternative to a legal eviction following foreclosure. The occupant receives cash funds from the servicer in exchange for turning in the keys and vacating the property.