MISMO Seeks Comment on Federal Government Housing Agency Servicing Dataset
September 16, 2025
Source
Mortgage Bankers AssociationContact
Brittney Prophete (202) 557-2799WASHINGTON, D.C. (September 16, 2025) – MISMO®, the real estate finance industry's standards organization, today announced that it is seeking public comment on a new
Federal Government Housing Agency Servicing Dataset. The 30-day public comment period will run through October 16, 2025.
“The
dataset is a comprehensive collection of MISMO data points and
enumerations that establish a baseline standard for exchanging servicing
information,” said MISMO Acting President Rick Hill. “Initiated by the
Department of Veterans Affairs Loan Guaranty Service (LGY), this effort
supports the VA’s future modernization goals and lays the groundwork for
broader industry adoption of standard servicing data, which will
strengthen consistency and efficiency in loan servicing.”
With a consistent, reliable framework for servicing data, servicers and federal government housing agencies will be able to:
- Respond faster when borrowers face financial hardship;
- Target resources where they matter most;
- Make policy decisions with real-time, trustworthy data;
- Validate policy effectiveness with confidence;
- Advance industry adoption of best practices;
- Align with industry standards; and,
- Improve the quality of data exchanged in a servicing transfer
The
public comment period allows those who participated in the proposal at
least 30-days’ notice prior to final release to review and disclose any
applicable Patent Rights (as defined by
MISMO’s 2018 Intellectual Property Rights Policy).
MISMO
requests that any organization that may have any patent or patent
applications, or other intellectual property rights that might be
infringed upon by an organization that uses or is compliant with these
proposed MISMO products to disclose them at this time in writing. All
comments and disclosures are due by October 16, 2025, and should be
directed to [email protected].