Servicing Portfolio Risk and Retention DWG

Join MISMO's Servicing Portfolio Risk and Retention DWG !

MISMO has launched an initiative to facilitate the early identification of loans that may become delinquent or be paid off early.  This effort is intended to provide for more efficient exchange of information among parties to help address borrowers who might be in the early stages of financial distress or preparing to purchase a new home.  

Mortgage Servicing Operations currently rely on multiple sources of information to identify loans that may prepay or become delinquent.  This information, which is used to guide borrower outreach, is not consistently defined across the industry.  This creates inefficiencies in the process and may result in miscommunications.  To address these issues, the new Workgroup may create one or more standardized datasets for the exchange of information.    

Workgroup participants in MISMO's Servicer Portfolio Risk and Retention initiative will identify information required to support consumer and property monitoring, pinpoint datasets that inform necessary responses from servicers, and define datasets often requested for billing and exception handling. 

If you are interested in participating in this initiative 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 For information on how to become a MISMO Member, see here


Russ Donnan, Certified Credit, Chair


Workgroup Meeting Schedule