Adopting MISMO as the Mortgage Lingua Franca

California Mortgage Finance News

As digital mortgage products that require connectivity with multiple lender systems continue to pour into the market, lenders and technology vendors will become increasingly burdened by the immense resources and lengthy development timelines required to build and maintain interoperability between systems. In order to foster digital mortgage advancements and provide lenders with flexible, cost-effective technology capable of retaining relevance over time, the mortgage industry must adopt common standards for open API integrations-and a cooperative mindset. The question is, who will lead the charge? Read more here...