Amid Rapid Change, MISMO Adapts
Pete Carroll, Executive in Public Policy and Industry Relations for CoreLogic and a MISMO Board member, said the company's decision to become a Chairman Champions supporter was both logical and strategic. Thanks in part to MISMO, he said, the mortgage industry has "undergone extensive transformation in recent years, including marked improvements in loan underwriting practices, loan data quality, and origination process automation. The results are starting to pay dividends in the form of driving down origination costs and reducing cycle time, particularly for GSE loan executions. Perhaps most critically, these efforts have increased clarity and confidence for counterparties to GSE loan... Read more here!