MISMO Publishes Updates to Business Glossary and User Guide

WASHINGTON, D.C. (October24, 2024) – MISMO®, the real estate finance industry's standards organization, published an updated version of the Business Glossary and associated User Guide.

The MISMO Business Glossary is a business-friendly collection of terms and definitions representing content from MISMO and non-MISMO sources. The glossary includes information about common business processes, business events, business terms, calculations, documents, and forms.

Recent updates include the addition of terms to align with the MISMO Reference Model v3.6.0 as well as general maintenance updates.

“These updates to the MISMO Business Glossary represent significant work done over the last 12-18 months to support the MISMO Reference Model v3.6.0.” said Rusty Emory, VP PrimeLending and Chair of the Business Glossary Community of Practice. “The Business Glossary is a valuable industry resource for training, research, and general familiarity with MISMO terms. We are happy to publish this body of work.”

MISMO’s work to solve key business challenges is made possible by its members, champions, sponsors, and lender support through the Innovation Investment Fee. Visit MISMO.org to learn how you can get involved.