MISMO Seeks Help to Update Commercial Appraisal Data Standards
Fresh off the success of creating new commercial rent roll standards, MISMO, the mortgage industry's standards organization, is seeking industry participants to collaborate on a much-needed update to commercial appraisal data standards.
The Commercial MISMO (CMISMO) workgroup seeks to update MISMO's commercial appraisal standards, which have not been updated in more than 10 years, to integrate advancements made in the real estate industry and appraisal processes. Any stakeholder involved in the exchange and finance of commercial property is welcome to participate in the effort. Read More Here.