News | MISMO

MISMO Introduces Loan Limit API Specification

January 24, 2023

MISMO® announced the release of the FIPS Code Lending Limit API Specification, which illustrates how to define an API for searching lending limits based on a property’s postal code and county name

MISMO Issues Implementation Guide for SMART Doc® Version 3 Verifiable Profile

January 19, 2023

MISMO®, announced the release of the Implementation Guide for the SMART Doc® Version 3 Verifiable Profile, which outlines the requirements needed to create MISMO SMART Docs in PDF format.

MISMO Launches New Bids Wanted in Competition Template

November 22, 2022

MISMO® announced the release of the Bids Wanted in Competition (BWIC) standard template to facilitate the bidding process for mortgage-backed securities (MBS) between mortgage originators and dealers. The standard has achieved “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 Updates to the eModification Reference Flyer

November 17, 2022

MISMO® announced an updated version of the eModification Reference Flyer, an industry resource designed to help servicers and other mortgage organizations easily navigate the investor requirements for electronically-signed loan modification agreements (eModifications).

MISMO Enhances Reference Tools to Increase Efficiency Among Industry Partners

November 16, 2022

MISMO®, the real estate finance industry's standards organization, today introduced enhancements to two industry resources designed to enhance interoperability among lenders and other mortgage organizations using consistent terms and language.

MISMO Seeks Public Comment on Bids Wanted in Competition Dataset

November 3, 2022

MISMO® announced that it is seeking public comment on a new Bids Wanted in Competition (BWIC) dataset, which allows mortgage originators and dealers to automate the bidding process for mortgage-backed-securities (MBS).

MISMO Seeks Public Comment on Application Threshold Decision Model and White Paper

November 1, 2022

WASHINGTON, D.C. (November 1, 2022) - MISMO®, the real estate finance industry's standards organization, today announced that it is seeking public comment on a new Application Threshold Decision Model and White Paper. The 30-day comment period runs through December 1, 2022.

MISMO Seeks Public Comment on New Flood Risk Disclosure Resource Guide

October 20, 2022

MISMO® announced that it is seeking public comment on a new Flood Risk Disclosure Resource Guide. The guide is designed to help homeowners and industry participants understand potential flood risks by listing publicly available resources, factors, and information that may be useful.

MISMO Seeks Member Comment on Updated API Toolkit

October 18, 2022

MISMO® announced release of its MISMO API (Application Programming Interface) Toolkit 1.1 for a 60-day member comment period. Comments will be accepted through December 19, 2022.

MISMO Seeks Public Comment on FIPS Code Lending Limit API Specification

October 13, 2022

MISMO®, the real estate finance industry's standards organization, today announced that it is seeking public comment on a new FIPS Code Lending Limit API Specification, which will illustrate how to define a standard REST based OpenAPI for searching lending limits based on a property’s postal code and county name.

MISMO Issues Two New Resources: Latest Version of the Life of Loan Business Process Model and New Business Glossary User Guide

September 28, 2022

MISMO Issues Two New Resources: Latest Version of the Life of Loan Business Process Model and New Business Glossary User Guide

MISMO Proposes More Efficient Reference Model

September 27, 2022

The Mortgage Industry Standards Maintenance Organization this week proposed version 3.6 of its reference model, which includes large and small updates to the data collected by lenders and servicers.

MISMO Issues Updated Engineering Guideline to Enhance Clarity on Version Compatibility

September 27, 2022

MISMO®, the real estate finance industry standards organization, today announced the availability of updated MISMO Engineering Guideline (MEG) 27.

MISMO Announces Call for Participants for New Commercial Community of Practice

September 26, 2022

MISMO®, the real estate finance industry standards organization, today issued a call for participants for a new Commercial Community of Practice (CoP) focused on monitoring commercial and multifamily industry trends and exploring potential standards for commercial and multifamily initiatives.

MISMO Releases New Reference Model for Public Comment

September 19, 2022

MISMO®, the real estate finance industry standards organization, announced today that it is seeking public comment on Version 3.6 of the MISMO Reference Model , which includes new data points and structures related to a number of important industry business, regulatory, and investor changes.

MISMO Fall Summit: Bringing Appraisals—and Appraisers—Into the 21st Century

September 1, 2022

Property appraisals are at the core of the loan origination process—and the real estate finance industry’s efforts to make the process more efficient, less expensive and fair for all involved.

MISMO Fall Summit: Ginnie Mae Puts Foot on Gas Pedal

September 1, 2022

Ginnie Mae President Alanna McCargo will be the first to tell you that “speed” and “innovation” rarely appear in the same sentence with “federal agencies.” But she’d also be the first to tell you that it is possible.

MISMO Updates Loan Application Dataset to Include USDA Guaranteed Loan Application Specification

August 26, 2022

The iLAD 2.2.0 dataset has achieved “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 Releases Bids Wanted in Competition (BWIC) Template for Public Comment

August 25, 2022

MISMO® is seeking public comment on a standardized template to facilitate the bidding process for Mortgage-Backed Securities (MBS) between mortgage originators and dealers for Bids Wanted in Competition (BWIC).

MISMO Announces Availability of Dataset Standard for VA Form 26-1880 Request for a Certificate of Eligibility

August 10, 2022

MISMO®, the real estate finance industry's standards organization, today announced the availability of a new dataset standard that supports VA Form 26-1880 Request for a Certificate of Eligibility.