Remote Online Notarization Development Workgroup
Join MISMO's Remote Online Notarization DWG!
As RON has seen its popularity and usage grow across the industry, the RON workgroup is working to clarify MISMO's RON Standard V1 and investigate the need to update it as MISMO RON Standard V2. Potential updates include new system requirements on electronic records and signatures, updated guidelines on credential analysis and system updates to enable modifications to the notarial certificate and an enhanced ability to store an eJournal.
Industry-wide use of standards is critical for effective, efficient and flexible business practices. Standards help mitigate risk, improve consumer understanding and convenience, and reduce costs. MISMO, the mortgage industry's standards organization, has succeeded in creating a common terminology that is used for communications between lenders, service providers, regulators and others.
The group is collaborating with industry participants, state government officials and others to review and update MISMO's standards for online notarization. These standards enable lenders, closing agents and other organizations to quickly adapt practices to facilitate the use of online notaries to meet consumer demand. The standards also help secretaries of state adopt consistent policies for electronic and online notarizations.
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.
Camelia Martin, Falcon Capital Advisors,Co-Chair
Eddie Oddo, First American Financial, Co-Chair
Jessie Bullis, BBS Notary Services, Co-Vice Chair
Nicole Booth, Notarize, Co-Vice Chair
Kevin Leurig, Consultant, Co-Vice Chair