News

MISMO Publishes Servicing Transfer Catalog

August 31, 2023

WASHINGTON, D.C. (August 31, 2023) — MISMO®, the real estate finance industry's standards organization, today announced that the MISMO Servicing Transfer Catalog (MSTC) has reached “Candidate Recommendation” status, which means it has been thoroughly reviewed by a wide range of organizations and industry participants and is available for use across the industry.

MISMO Seeks Comments on the Title and Closing Dataset Specifications to Enhance Interoperability

August 14, 2023

MISMO®, the real estate finance industry's standards organization, today announced that it is seeking public comment on title and closing dataset specifications that will help accelerate the industry’s digital transformation. The 30-day public comment period runs through September 11, 2023.

MISMO Seeks Public Comment on Tools Aimed at Enhancing Business Efficiency

August 3, 2023

WASHINGTON, D.C. (August 3, 2023) – MISMO®, the real estate finance industry's standards organization, announced that it is seeking public comments on the latest version of the MISMO Life of Loan Process Model, and an updated version of the MISMO Business Glossary. The 30-day public comment period runs through Tuesday, September 5, 2023.

MISMO’s Jan Davis Honored with HousingWire’s Women of Influence Award

August 1, 2023

MISMO®, the real estate finance industry's standards organization, today announced that Jan Davis, Vice President of Operations, has been recognized as a 2023 HousingWire Woman of Influence award recipient. HousingWire announced the winners of its annual Women of Influence award honoring 100 women who are shaping and propelling the housing economy forward with their impressive list of achievements. This year marks the 14th year of this award program.

MISMO Releases Final Data Governance and Management Program Implementation Resource Package

July 25, 2023

MISMO®, the real estate finance industry's standards organization, published the Data Governance and Management Program Implementation Resource Package, which includes a series of templates, guides, and educational resources that can be used to establish a Data Governance and Management program within an organization.

MISMO Releases White Paper Focused on Blockchain in the Mortgage Industry

July 20, 2023

MISMO®, the real estate finance industry's standards organization, published Blockchain in the Mortgage Industry, a white paper that outlines findings on how blockchain technology could enhance the way mortgages are originated, serviced, sold, and traded.

MISMO Releases the Consumer-Facing Charge and Fee Naming Guide

July 19, 2023

MISMO®, the real estate finance industry's standards organization, today announced that the Consumer-Facing Charge and Fee Guide has reached “Candidate Recommendation” status, which means that it has been thoroughly reviewed by a wide range of organizations and industry participants and is available for use across the industry.

MISMO Seeks Public Comment on the Updated Version 3 XML Reference Model General Information Guide

June 29, 2023

MISMO®, the real estate finance industry's standards organization, announced that it is seeking public comment on the updated Reference Model Version 3 XML General Information Guide. Previously known as the Version 3 General Information Guide, the new edition incorporates updates required for Version 3.6 XML Reference Model. The 30-day public comment period runs through July 31, 2023.

MISMO Publishes Enhanced Version of Industry Loan Application Dataset

June 27, 2023

MISMO®, the real estate finance industry's standards organization, published an enhanced version of the Industry Loan Application Dataset (iLAD), an industry standard for the exchange of loan application information.

MISMO Releases Latest Version of the MISMO Life of Loan Process Model

June 23, 2023

MISMO®, the real estate finance industry's standards organization, today announced the release of the latest version of the MISMO Life of Loan Process Model.

MISMO Launches Private Label RMBS Specification and Implementation Guide

June 22, 2023

MISMO®, the real estate finance industry's standards organization, today announced that the Private Label Residential Mortgage-Backed Securities (PL RMBS) Specification has reached “Candidate Recommendation” status, which means that it has been thoroughly reviewed by a wide range of organizations and industry participants and is available for use across the industry.

MISMO Introduces New Engineering Guideline to Enhance Clarity on Use of XML Attributes and Elements

June 21, 2023

WASHINGTON, D.C. (June 21, 2023) – MISMO®, the real estate finance industry's standards organization, today announced the availability of the new MISMO Engineering Guideline (MEG) 24, which outlines the MISMO architecture development and interoperability principles for XML technologies and service requirements as identified by the MISMO constituency.

MISMO Seeks Public Comment on New Standardized Dataset for VA Verification of Benefits

June 6, 2023

MISMO®, the real estate finance industry's standards organization, announced today at its 2023 Spring Summit that it is seeking public comment on a MISMO dataset mapping for the U.S. Department of Veterans Affairs (VA) Verification of Benefits (Form 26-8937). The new dataset is designed to standardize the exchange of VA Verification of Benefits form data and has a 30-day public comment period that runs through July 6, 2023.

MISMO Launches New Version 3.6 of the Reference Model

May 31, 2023

MISMO®, the real estate finance industry's standards organization, today announced that Version 3.6 of the MISMO Reference Model has reached “Candidate Recommendation” status, meaning that it has been thoroughly reviewed by a wide range of organizations and industry participants and is available for use across the industry.

MISMO Calls for Participants to Join a New Title Pricing API Workgroup

May 25, 2023

MISMO®, the real estate finance industry's standards organization, is calling for industry professionals to join a new development workgroup (DWG) focused on creating a MISMO-published Title Pricing Application Programming Interface (API) specification.

MISMO’s Emerging Technologies Workgroup to Focus on AI at Spring Summit

May 23, 2023

MISMO®, the real estate finance industry's standards organization, announced that its Emerging Technologies Community of Practice (CoP) will begin discussions focused on impacts of Artificial Intelligence (AI) within the mortgage finance industry. The discussions will take place at MISMO’s Spring Summit in Portland, Oregon June 5-8, 2023.

MISMO Seeks Public Comment on Enhanced Closing Instruction Templates and XML Mapping Specification

May 18, 2023

MISMO®, the real estate finance industry's standards organization, is seeking public comment on a new set of enhanced work products created by the Closing Instructions Development Workgroup (DWG) that are designed to create a common format for closing instructions. The 60-day public comment period runs through July 17, 2023.

MISMO Seeks Public Comment on Updates to Business Glossary

May 16, 2023

WASHINGTON, D.C. (May 16, 2023) – MISMO®, the real estate finance industry's standards organization, is seeking public comment on recent updates to the MISMO Business Glossary. The 30-day public comment period runs through June 15, 2023.

MISMO Seeks Industry Professionals to Join the Title and Closing Docs to Data Workgroup

May 11, 2023

MISMO®, the real estate finance industry's standards organization, today announced a call for industry professionals to join the Title and Closing Docs to Data Development Workgroup (DWG), which will focus on creating standards for frequently used title and closing documents that can be readily adopted by the mortgage industry to establish a consistent method of title data exchange between parties. This effort is part of MISMO’s work to enhance interoperability throughout the industry.

MISMO Seeks Public Comment on Enhanced Version of Industry Loan Application Dataset

May 9, 2023

MISMO®, the real estate finance industry's standards organization, is seeking public comment on an enhancement to the Industry Loan Application Dataset (iLAD), an industry standard for the exchange of loan application information.