Digital Loan Modifications Developmental Workgroup (DWG)
Join MISMO's Digital Loan Modifications DWG!
MISMO has launched a collaborative effort to help digitize the loan modification process with the goal of handling increased volume and improving experience for servicers and borrowers. The goals include applying digital mortgage standards, guidelines and best practices to the loan modification process.
The Digital Loan Modifications DWG will bring together digital mortgage, servicing, and loan workout professionals to review current loan modification processes. Currently, servicers working through loan modifications deal with paper-based processes and inconsistent forms. This group will develop a set of best practices on how to create, sign, store and deliver electronically signed loan modifications.
If you are interested to participate with this group and are already a MISMO member you may join the collaboration site that has been established on "MISMO Connect". If you are not a member of MISMO, let us know that you would like to participate by sending an email to firstname.lastname@example.org. For information on how to become a MISMO Member, see here.
Matt Seu, Actualize Consulting, Co-Chair
Camelia Martin, Falcon Capital Advisors, Co-Chair
Charlie Epperson, SigniaDocs, Co-Chair