MISMO Seeks Public Comment on Commercial Green Utility Dataset
Mortgage Bankers Association
MISMO®, the real estate finance industry's standards organization, announced today that it is seeking public comment on a proposed standard for Commercial Green Utility Data. The 90 day comment period starts today and runs through September 30, 2021.
The new dataset was created in response to increased lender and investor reporting requirements brought about by the growing consideration of energy and water efficiency in commercial/multifamily underwriting. This data can be leveraged to obtain industry certifications and to complete energy and water audits which may enable lenders to provide mortgage loan discounts. Developed by real estate and technology professionals, the new dataset will facilitate the efficient exchange of commercial/multifamily green utility data across the real estate finance industry... Read More Here!