MISMO® Provides Stamp of Approval on Reference Model 3.4
Mortgage Bankers Association
WASHINGTON, D.C. (October 15, 2020) - MISMO®, the mortgage industry's standards organization, today announced that its widely-adopted MISMO 3.4 Reference Model has been upgraded to "Recommendation" status. This status is the highest possible maturity level that can be bestowed on a MISMO standard.
"The MISMO 3.4 Reference Model was created by a dedicated volunteer team to ensure industry compliance with new regulations and reporting requirements," said Rick Hill, Executive Vice President of MISMO and MBA Vice President of Industry Technology. "The 3.4 Reference Model is widely deployed across the industry as a crucial resource that allows professionals across the mortgage industry to share and exchange data." Read More Here!