Residential Standards Governance Committee

The MISMO Residential Standards Governance Committee (RSGC) is comprised of 18 representatives elected from MISMO member companies across different areas of Mortgage. Governance Committee members are elected for 2-year terms by the MISMO membership and have a 6-year term limit. The RSGC reports to the MISMO Board of Directors and works in concert with MISMO Staff and other MISMO committees.

The RSGC is responsible for governing processes associated with the development and maintenance of MISMO standards and collateral. This includes governance of the end-to-end standards manufacturing process; providing oversight of activities to assess compliance with applicable policies and procedures; managing the schedule of releases; and ensuring proper care and maintenance of existing work products.  The RSGC is also responsible for processes appropriate for ensuring the efficient and effective operation of the Work Groups (WGs) and Communities of Practice (CoPs) and related product development and approval efforts.  RSGC members approve work products prior to publishing.

RSGC Member Expectations:

• Actively participate in RSGC meetings and discussions. 
  
• RSGC meets on the 2^nd Tuesday of the month from 2pm to 3:30pm ET (virtual).  Meetings also occur at the Summits.  Virtual option is available at the Summit. Members are expected to attend.
  
• Provide timely responses to electronic voting requests when received.
  
• Volunteer for special RSGC “projects”, when able.
  
• Advocate for industry adoption of MISMO industry standards.
  
• Be familiar with the MISMO Development Process Document.