MISMO VERSION 3.0 

(General Information Guide Version 3)

MISMO Version 3.0  is in Recommendation status which is the highest possible maturity level for a MISMO standard.  A Recommendation has been thoroughly reviewed and implemented by a wide range of organizations and industry participants.   

WHAT VERSION 3.0 CONTAINS

Version 3.0 of the MISMO Reference Model includes enhancements specific to:

  • Emphasis  on origination and loan delivery
  • Provides common data definitions and data structures across multiple business lines 

MISMO Reference Model

The MISMO Reference Model is an industry standard organization of information, including data and documentation, needed to support mortgage industry business processes and transactions.  The Reference Model includes an XML schemal representation of the data and relationships that support industry business processes; the Logical Data Dictionary (LDD) documenting standard business names, definitions, enumerations, formats and more; and included within the XML Schema are the SMART Doc® standards which provide formats for electronic formatting of documents. 

Logical Data Dictionaries

The Logical Data Dictionary (LDD) provides the business view of the information and relationships included in the MISMO Reference Model.  It includes standardized business names, definitions, enumerations, and much, much more all accessible in a business-friendly format.