MISMO Seeks Public Comment on MISMO Life of Loan Product

Mortgage Bankers Association

MISMO® announced today that it is seeking public comment on the MISMO Life of Loan Business Model and MISMO Engineering Guidelines (MEG) 3 and 6.

The 60 day public comment period for MISMO Life of Loan Version 2020.12 runs through April 23, 2021. This resource is a high-level business process model depicting common activities that may occur over the life of a mortgage loan. It enables business professionals and others to access information about MISMO products within the context of the business process. The MISMO Life of Loan includes an overview, narratives, and workgroup cross reference, as well as a process model (including a searchable PDF)... Read More Here!