MISMO To Address Inconsistencies in Electronic Mortgage Documents

Mike Sorohan

MISMO, the mortgage industry standards organization, seeks industry participation in an effort to reduce friction due to the use of non-standard electronic documents (eDocs).  Inconsistencies in current practice hinder scalability as the industry moves toward a fully digital mortgage. Collaborative development of standards and best practices will improve the interoperability of eDocs so that they may be exchanged in a seamless manner.  MISMO's new eDoc/eMortgage Vault Interoperability Development Workgroup will be responsible for identifying inconsistencies and challenges in electronic documents and identify solutions and best practices for eliminating the issues...  read more here.

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