News | MISMO

MISMO’s Emerging Technologies Workgroup to Focus on AI at Spring Summit

May 23, 2023

MISMO®, the real estate finance industry's standards organization, announced that its Emerging Technologies Community of Practice (CoP) will begin discussions focused on impacts of Artificial Intelligence (AI) within the mortgage finance industry. The discussions will take place at MISMO’s Spring Summit in Portland, Oregon June 5-8, 2023.

MISMO Seeks Public Comment on Enhanced Closing Instruction Templates and XML Mapping Specification

May 18, 2023

MISMO®, the real estate finance industry's standards organization, is seeking public comment on a new set of enhanced work products created by the Closing Instructions Development Workgroup (DWG) that are designed to create a common format for closing instructions. The 60-day public comment period runs through July 17, 2023.

MISMO Seeks Public Comment on Updates to Business Glossary

May 16, 2023

WASHINGTON, D.C. (May 16, 2023) – MISMO®, the real estate finance industry's standards organization, is seeking public comment on recent updates to the MISMO Business Glossary. The 30-day public comment period runs through June 15, 2023.

MISMO Seeks Industry Professionals to Join the Title and Closing Docs to Data Workgroup

May 11, 2023

MISMO®, the real estate finance industry's standards organization, today announced a call for industry professionals to join the Title and Closing Docs to Data Development Workgroup (DWG), which will focus on creating standards for frequently used title and closing documents that can be readily adopted by the mortgage industry to establish a consistent method of title data exchange between parties. This effort is part of MISMO’s work to enhance interoperability throughout the industry.

MISMO Seeks Public Comment on Enhanced Version of Industry Loan Application Dataset

May 9, 2023

MISMO®, the real estate finance industry's standards organization, is seeking public comment on an enhancement to the Industry Loan Application Dataset (iLAD), an industry standard for the exchange of loan application information.

MISMO Seeks Member Comment on New Reference Model Version 3.5 YAML Files

May 9, 2023

MISMO®, the real estate finance industry's standards organization, today announced that it is seeking member comment on the latest set of MISMO Reference Model Version 3.5 YAML files to be used in conjunction with the MISMO Application Programming Interface (API) Toolkit 1.1. The 60-day member comment period runs through July 10, 2023.

MISMO Seeks Public Comment on Consumer Home Equity SMART Doc® Standardization Mapping and Updated iGuide

May 4, 2023

MISMO®, the real estate finance industry's standards organization, today announced that it is seeking public comment on a new Consumer-Facing Charge and Fee Guide. The 60-day public comment period runs through July 3, 2023.

MISMO Seeks Public Comment on the New Consumer-Facing Charge and Fee Guide

May 3, 2023

MISMO®, the real estate finance industry's standards organization, today announced that it is seeking public comment on a new Consumer-Facing Charge and Fee Guide. The 60-day public comment period runs through July 3, 2023.

MISMO Is Recruiting Industry Professionals to Participate in New Group Focused on Reverse Mortgage Lending

April 27, 2023

MISMO®, the real estate finance industry's standards organization, today issued a call for participants to join a new development workgroup (DWG) focused on analyzing and developing standards for reverse mortgages.

MISMO Seeks Public Comment on Version 3.5 Property and Valuation Services Implementation Guide

April 25, 2023

MISMO®, the real estate finance industry's standards organization, today announced that it is seeking public comment on the Version 3.5 Property and Valuation Services (PaVS) Implementation Guide (I-Guide). The 60-day public comment period for this implementation guide runs through June 26, 2023.

MISMO Issues Call for Participation in the Flat Doc to SMART Doc V3 Verifiable Profile Development Workgroup

April 19, 2023

MISMO®, the real estate finance industry's standards organization, today issued a call for industry professionals to rejoin the Flat Doc to SMART Doc® V3 Verifiable Profile Development Workgroup (DWG) in its new focus on preparing samples of select documents to support the MISMO SMART Doc® V3 Verifiable Profile specification. The project is part of MISMO’s mission to accelerate the mortgage finance industry’s digital future.

MISMO Announces Call for Participants to Join New eHELOC Development Workgroup

April 13, 2023

MISMO®, the real estate finance industry's standards organization, today issued a call for participants to join a new development workgroup (DWG) focused on creating standards for Electronic Home Equity Lines of Credit (eHELOC).

MISMO Seeks Comments on Data Governance and Management Program Implementation Resource Package

April 11, 2023

MISMO®, the real estate finance industry's standards organization, announced that it is seeking public comment on the new Data Governance and Management Program Implementation Resource Package , which includes a series of templates, guides, and educational resources that can be used to establish a data governance and management program within an organization. The 60-day comment period runs through June 12, 2023.

MISMO Seeks Comment on Servicing Transfer Catalog

March 30, 2023

MISMO®, the real estate finance industry's standards organization, today announced that it is seeking public comment on the new MISMO Servicing Transfer Catalog.

MISMO Seeks Public Comment on New Blockchain Analysis

March 28, 2023

MISMO®, the real estate finance industry's standards organization, announced that it is seeking public comment on a new white paper titled, Blockchain in the Mortgage Industry. The white paper outlines findings about how blockchain technology could enhance the way mortgages are originated, serviced, sold, and traded by improving efficiency, enabling transparency, and increasing trust among market participants. The 60-day comment period runs through May 30, 2023.

MISMO Seeks Public Comment on Life of Loan Process Model Enhancements

March 27, 2023

MISMO®, the real estate finance industry's standards organization, today announced that it is seeking public comment on its latest version of the MISMO Life of Loan Process Model. The 30-day comment period will run through April 26, 2023

MISMO Seeks Public Comment on Enhanced Version of Industry Loan Application Dataset

March 21, 2023

MISMO®, the real estate finance industry's standards organization, is seeking public comment on an enhancement to the Industry Loan Application Dataset (iLAD), an industry standard for the exchange of loan application information. The iLAD version 2.3.0 extends the capabilities and increases the effectiveness of the dataset, which serves as the industry’s standard method for exchanging data associated with originating and underwriting mortgage loans. The 30-day public comment period for this dataset runs through April 20, 2023.

MISMO Names David Coleman as President

March 17, 2023

MISMO®, the real estate finance industry's standards organization, today named mortgage industry veteran David Coleman as its new president. Coleman has more than 25 years of mortgage industry experience as an IT executive, management consultant, and senior business leader. He will join MISMO on April 3.

MISMO Seeks Public Comment on New Engineering Guideline to Enhance Clarity on Use of XML Attributes and Elements

March 16, 2023

MISMO®, the real estate finance industry's standards organization, announced that it is seeking public comment on the new MISMO Engineering Guideline (MEG) 24, which outlines the MISMO architecture development and interoperability principles for XML technologies and service requirements as identified by the MISMO constituency. The 60-day public comment period runs through May 15, 2023.

MISMO Seeks Second Round of Public Comment for the Version 3.6 Reference Model

March 15, 2023

WASHINGTON, D.C. (March 14, 2023) - MISMO®, the real estate finance industry's standards organization, today announced that it is seeking a second round of public comment on Version 3.6 of the MISMO Reference Model. The 30-day public comment period will run through April 13, 2023.