Servicing Transfers Development Work Group (DWG)
Join MISMO's Servicing Transfers DWG!
MISMO is seeking industry participants to collaborate on a new initiative to improve mortgage servicing rights (MSR) transfers. Participants will identify challenges associated with MSRs, with the goal of creating a uniform standard that allows for a more consistent experience for servicers and borrowers.
MISMO acknowledges that creating a uniform servicing transfer dataset is a large undertaking and recommends a multi-phase approach. This first phase involves the need for a wide variety of servicing industry professionals to join the Development Work Group (DWG) which will work to identify current challenges that exist in the servicer transfer process, prioritize the findings, and build a high-level roadmap to facilitate eventual industry adoption.
MISMO is also planning workshop sessions on this initiative concurrent with its 2020 Spring Summit, planned for June 2-3 in Charleston, South Carolina. In the event the Summit is moved to a virtual event due to the coronavirus, alternate arrangements will be made for the workshop sessions.
If you are interested to participate with this group and are already a MISMO member you may join the collaboration site that has been established on "MISMO Connect". If you are not a member of MISMO, let us know that you would like to participate by sending an email to email@example.com . For information on how to become a MISMO member, see here.