Office of Comptroller Currency
A federal government regulatory agency that oversees some commercial banks.

Office of Thrift Supervision
A federal government regulatory agency that oversees savings and loans.

Open End Mortgage
A mortgage permitting the mortgagor to borrow additional money under the same mortgage, with certain conditions, usually, as to the assets of the mortgage.

Origination Fee
A fee or charge for work involved in the evaluation, preparation and submission of a proposed mortgage loan.

Owner of Record
The owner of a property that has a deed indicating his ownership that has been recorded at the local municipality.

Owners Policy
Title insurance for the owner of property, rather than a lienholder.