Business Reference Model Development Workgroup
The mission of the Business Reference Model Development Workgroup is to develop a high-level business model depicting the common activities that may occur over the life of a loan. The new model will enable business professionals and others to access MISMO work products within the context of the business processes they support. The business model will include definitions of business activities presented in an easily consumable, business friendly format.
Current Goals and Objectives
- Creation of a high-level Life of Loan Activity Diagram (Process Flow)
- Development of related business activity narratives that point the reader to MISMO work products and workgroups
- Documentation and aids for working with the Process Flow and Narratives, as required
- Current focus is on Residential lending
Anticipated End Date for DWG
Major Milestones and Timeframes to Support Goals
A process flow and associated narratives that point to published MISMO work products by the June 2017 Summit.
Tammy Pegg Kienlen, CMB, Senior Consultant , Newbold Advisors - Chair
Geran Combs, CMSP, Senior Manager, Actualize Consulting - Vice-Chair
Got a Question for the Workgroup? Contact the workgroup at INFO@MISMO.org