Property and Valuation Services Community of Practice (CoP)
Join the Property and Valuation Services CoP to hear about the latest efforts, to collaborate and contribute to our work efforts!
What is the Property and Valuation Services Community of Practice?
The Property and Valuation Services Community continues to design, develop, and maintain data standards in support of the mortgage industry in the area of residential real estate property and valuations. In addition, the Community develops supporting documentation to provide guidance in the use of these data standards.
The PaVS community includes diverse areas, from property reporting through traditional and alternative valuation services and collateral risk assessment.
Key Responsibilities:
- Work with industry business domains to document and define representation of current appraisal forms in the “current” version of MISMO.
- Update the iGuide to support the version of MISMO reconciled to the current appraisal forms.
- Vet new submissions from industry participants related to our domain (property information and valuation).
- Domain expertise review and contribution to RAD RM proposed changes.
- Collaborate on industry challenges, issues, and needs, then generate new ideas on solutions that MISMO can explore.
Current Focus:
- Finalizing publication of the PaVS iGuide to align with MISMO v3.6 Reference Model.
How to Join
Anyone may participate in a MISMO development workgroup or community of practice regardless of membership status. Voting members of Information Management and Architecture Workgroup are elected as per governance procedures. Membership in MISMO is open to anyone - mortgage lenders, banks, credit unions, servicers, vendors, government agencies and more. MISMO members receive a voice, and vote, in creating and enhancing industry standards used by the entire industry. Learn more here.
Leadership
Meeting Schedule
Meets the 2nd Friday of every month from 11am-noon EST.
Meeting URL: https://mba-org.zoom.us/j/86087635705