MISMO Launches Updated Commercial Green Utility Dataset
Mortgage Bankers Association
WASHINGTON, D.C. (December 15, 2021) - MISMO®, the real estate finance industry's standards organization, today announced the availability of its updated Commercial Green Utility Dataset standard. The dataset and accompanying package of resources help facilitate the efficient exchange of Green Utility information across the commercial real estate finance industry. The dataset standard has achieved "Candidate Recommendation" status, which means that it has been thoroughly reviewed by a wide range of organizations and industry participants and is available for use across the industry.
"We are pleased to see that Fannie Mae and other organizations are already utilizing this dataset," said Seth Appleton, President, MISMO. "The MISMO community recognized the need for a standard to address the increased demand in the reporting requirements for energy and water efficiencies and created this standard for the commercial and multifamily market. This MISMO data standard encourages the availability and uniformity of the green utility data across the industry. It improves communication about this information between lenders and property owners, making it easier and more efficient to exchange commercial/multifamily data." Read More Here!