MISMO Releases New Industry Loan Application Dataset

Adam DeSanctis

iLAD is expected to replace the many peer-to-peer data exchanges that currently utilize the Fannie Mae 3.2 file as a de facto data exchange standard. The iLAD is being released for a 60-day comment period for MISMO members.  The comment period will remain open until November 3, 2019. Adoption of iLAD is expected to be evolutionary, as businesses collaborate with business partners to determine the best time to implement. MISMO is issuing the specifications to provide time for companies to...Read more here

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