A Common Language
Enabling the efficient exchange of information across the mortgage industry.
Laying the Groundwork
MISMO standards have created a foundation for driving innovation and value.
Serving the Mortgage Industry
Making the mortgage process more efficient and less costly for industry participants and consumers.
Let's Work Together
Discover the benefits of membership.
MISMO is the Language of Lending
Through broad industry collaboration, MISMO creates standards that support solutions to the industry's toughest business issues, reduce costs, and improve transparency and communications in housing finance.
Remote Online Notarization (RON) Standards Update
MISMO released its RON standards, which include an update to the draft standards issued earlier this year. The standards were updated to include language to preclude the storage of personally identifiable information. With this revision, the standards are being released for a public comment period ending on August 12th, 2019. Read More Here
Collaboration in Progress
Check out MISMO's New JSON Development Workgroup!
JSON is a lightweight language for structuring data that is frequently used to exchange information through application programming interfaces (APIs) and mobile platforms.This activity builds upon MISMO's first JSON initiative to develop standards for consumer transactions. With this expanded effort, MISMO hopes to create consistency within the growing number of transactions taking place in JSON format.
The MBA announced that it will invest $2 million as seed funding to enable MISMO to extend staff support and accelerate development of key initiatives such as a uniform dataset for private label mortgage-backed securities, a standardized closing instructions template, harmonized remote online notary (RON) standards, common standards to encourage B2B and B2C mobile communications, and appraisal and rent roll standards for commercial and multifamily lenders.
Become a MISMO Champion
The MISMO Champions program offers members the opportunity to support MISMO at a higher level and receive exciting benefits in return, including complimentary Summit registrations and much, much more.
2019 Fall Summit
Join us in Washington DC the week of September 16-20th to engage in face-to-face standards activities and educational sessions. Our Summits are designed to meet the needs of those new to MISMO and MISMO veterans alike.
WASHINGTON, D.C. (August 6, 2019) - MISMO®, the mortgage industry's standards organization, today announced that Jonathan Kearns has joined MISMO as Vice President of Technology. Under MISMO's management by the Mortgage Bankers Association (MBA), Kearns will also serve as MBA Associate Vice President, Product Development.
MISMO has announced the release of its Remote Online Notarization (RON) standards, which will enable the use of audio-visual communication devices to notarize documents in a virtual online environment.
With more US states enacting remote online notarization, the mortgage industry’s standards organization has issued its first standards for the process. In an update to draft standards issued earlier this year, the new RON standards also include language to preclude the storage of personally identifiable information
It was just two years ago that Troy, Mich.-based United Wholesale Mortgage made headlines as perhaps the first mortgage lender to complete an electronic closing without the physical presence of a notary.
"We're excited about this next stage in the standards process and look forward to seeing lenders, title companies, software vendors, and notaries leverage RON standards to offer borrowers a more secure and efficient closing process."