MISMO Publishes Revision to SMART Doc® Validation Rules

WASHINGTON, D.C. (October 6, 2025) – MISMO®, the real estate finance industry's standards organization, today published revisions to the SMART Doc® Validation Rules. The updates, primarily corrections to typographical errors and related clarifications, strengthen interoperability, improve conformance clarity, and reinforce trust among participants who create, store, and trade eNotes.  

What’s Included:

• SMART Doc® Validation Rules update with minor corrections and clarifying edits to improve implementer understanding and alignment across systems intended to reduce ambiguity during validation and transfer of Category 1 (eNote) documents.
• eVault Standards Artifact with no changes; (published as a package with Validation Rules)

MISMO’s work to solve key industry challenges is made possible through the support of its members, champions, sponsors, and lenders (via the Innovation Investment Fee). To learn more about MISMO and opportunities to participate, visit MISMO.org.