MISMO Q4 Newsletter
Fourth Quarter 2021 Issue
We enjoyed seeing so many of you at the Fall Summit and MBA Annual21. Thanks to everyone who attended these events, visited us at our booth or joined us at the committee meetings and receptions. We really loved catching up with you in person and look forward to doing so again in January at the MISMO Winter Summit (details below).
Congratulations to the newly elected Residential Standards Governance Committee and Commercial Standards Governance Committee members! Names in green are newly elected and names in black have been re-elected. They join current committee members whose terms were not up for renewal. Visit here for a full list of the Residential Standards Governance Committee and the Commercial Standards Governance Committee. Thanks to all who are serving on MISMO committees.
Winter Summit is January 10-13 in Clearwater, Florida.
Sponsorships Still Available! Registration is underway for the MISMO Winter Summit, this January 2022. The agenda will be available soon. Organizations that sponsor the 2022 Summit Series (Winter - January 10-13 in Clearwater, Spring - June 6-10 in Charleston, and Fall - Aug 29-Sept 2 in Washington, DC) receive a 10% discount. This is a great opportunity to grow your brand and increase awareness among a key audience. For details and to download a sponsorship application, see our sponsorship page. Thanks to Snapdocs (Gold Sponsor), Black Knight and Veterans United (Silver Sponsors) and FundingShield, MGIC, Qualia, Sagent and SimpleNexus (Bronze Sponsors) for supporting the MISMO Winter Summit.
Join Us: Digital Closing & eMortgage Bootcamps in San Antonio and Clearwater
At this updated bootcamp, we are delivering the playbook on how to go digital (San Antonio, Dec. 6-7 and Clearwater, Jan. 13-14). We have special offers for both of these bootcamps. MISMO Winter Summit attendees receive 25% off and MISMO members can buy one get one free. This is a great opportunity to bring a colleague and expand the expertise on your team roster.
Key reasons to attend these events produced by MISMO, MBA and ALTA:
- Network with title and settlement partners who perform digital closings,
- Learn from industry experts who will share their experiences and provide best practices and details on innovative resources,
- Leave with a plan to successfully implement and grow digital closings.
Upcoming Webinars: Register Today for Nov. 22 and Nov. 23
This crucial one-hour webinar will get you up to speed on the benefits of this innovative industry resource, the e-Eligibility Exchange. Learn more about this central source of e-eligibility data and how it is addressing a key industry need and helping organizations better understand how digital a mortgage transaction can be. The webinar is free to MISMO members and takes place noon to 1 pm ET on Monday, November 22. Sign up link is here.
MISMO members get free registration for this Commercial Appraisal Dataset webinar, noon to 1 pm ET, on Nov. 23. This session focuses on what's new and noteworthy with the dataset, including details on current usage, artifacts included and future developments. Register here.
Innovation Investment Fee: 2022 Billing Cycle
Thanks again to the more than 1,500 lenders of all sizes and business models who have stepped up to support the industry's standards development efforts by paying the Innovation Investment Fee this year. Proceeds from the fee enable us to accelerate the industry's digital future and fund initiatives that provide value to lenders by solving key business challenges. Learn more about the important initiatives and accomplishments that have been made possible by this funding by clicking here. As we ramp up the 2022 billing cycle, we encourage lenders to include the MISMO Innovation Investment Fee in their 2022 budget planning and to continue to support our industry by paying the fee. More info can be found here.
MISMO in the News
We encourage you to listen to Seth Appleton's recent interview with Robbie Chrisman for the Daily Mortgage News/Chrisman Commentary podcast. Recorded onsite at MBA Annual21, Seth and Robbie discuss MISMO priorities and key initiatives, including accelerating the progression of digital mortgages, creating the PLS data standard and developing servicing transfer best practices. Full interview is here.
Call for Participants: Closing Instructions Development Workgroup
MISMO seeks additional participants for its Closing Instructions workgroup. Be part of this group's important work to define and finalize the mapping specification that are key for industry adoption of closing instructions. See info here.
MI Rate Quote API and Implementation Guide Out for Public Comment
MISMO recently announced it is seeking public comment on its API and implementation guide specification that help facilitate obtaining estimated mortgage insurance (MI) rate quotes prior to submitting an MI Order The news release is here. The 60-day comment period runs through December 20, 2021.
MISMO 2021 Accomplishments
Thanks to the MISMO community for helping us reach significant milestones this year. Through industry collaboration we delivered value by addressing key business challenges. Here are MISMO's Top 10 Accomplishments in 2021. Thanks for everything you do to help us achieve these MISMO successes!
We would love to hear your business success stories. How have MISMO standards helped your business succeed? Contact us at info@MISMO.org.
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