Residential Mortgage Credit Report (RMCR)

Residential Mortgage Credit Report (RMCR)

A Residential Mortgage Credit Report (RMCR) refers to a credit report that provides details on items that have been flagged in a merged report as a result of combining reports from the three credit repositories (Equifax, Trans Union, and Experian). Residential Real Estate-Related Transactions Residential Real Estate-Related Transactions are transactions related to the making or purchasing of Mortgages or providing other financial assistance to a Borrower for purchasing, constructing, improving, repairing, or maintaining a dwelling or securing residential real estate, and similar transactions. Residential Space Residential Space refers to floor area allocated to: • all Unit square footage;