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.
Taxpayer Consent Language
MISMO issued model taxpayer consent language for a 30 day public comment period. The language is designed to be used by lenders to obtain express consent from borrowers to share their tax information with other stakeholders in the lending transaction as required by the Taxpayer First Act. Learn 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.
2020 Winter Summit
Join us in Las Vegas from January 13-17, 2020 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.
MISMO®, the mortgage industry standards organization, recognized FundingShield, an industry leading innovator within the mortgage fintech industry, with its Premiere Level Certification for their wire fraud prevention software.
The Mortgage Industry has been slow to adopt digitization, but the imperative has become a crescendo. Digital disrupters have raised the bar so high that the mortgage borrowers except the same level of online experience that they get when shopping for consumer goods and services.
MISMO®, the mortgage industry's standards organization, has issued draft language to help lenders and other parties comply with a new requirement included in the recently passed Taxpayer First Act.
"MISMO's online Business Glossary was designed for the mortgage industry to be a leader in web-based resources," said Amy O'Connor, Product Owner, Quicken Loans, and a co-chair of MISMO's Business Glossary work group.
The Mortgage Industry Standards Maintenance Organization has released a dataset designed to prepare lenders for a new mortgage application and automated underwriting system upgrades at Fannie Mae and Freddie Mac.