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.
Provides information on digital mortgage resources. In response to COVID-19 issues, first posting includes a list of Remote Online Notarization Providers. Find more information here.
Collaboration in Progress
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 Spring Summit
Join us in Charleston, SC from June 1-5, 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.
The mortgage industry's standards organization, today released proposed updates to the Industry Loan Application Dataset (iLAD), its modernized dataset for the exchange of loan application data.
The MISMO Entity Relationship Model, or ER Model, supports database engineering and general data management functions, resulting in quicker application development and deployment schedules, while helping to reduce errors that result from proprietary implementations.
“We are growing, working to be faster, working to provide more value and support for the industry,” said Rick Hill, Executive Vice President of MISMO and Vice President of Industry Technology with the Mortgage Bankers Association.
While relatively new to the mortgage industry, Interest in application programming interfaces and microservices is soaring. These system-to-system technologies have the potential to tremendously enhance communications between lenders, technology vendors and service providers, much better than the traditional, large-scale integrations to exchange data between monolithic systems that are in use today.
The eMortgage Closing Guide describes general eClosing concepts, provides general guidelines for electronic closing platforms and services, and explains the legal framework surrounding electronic closing. The eMortgage Glossary is a supplemental resource of terms and descriptions related to eMortgages. The eMorgage Guide and Glossary are being released for a 45-day comment period for MISMO members.