MISMO to Create eNote Validation Decision Model
MISMO, the mortgage industry's standards organization, is inviting mortgage industry participants to join its new practice community which is developing a decision model to validate eNotes, which are a key component for digital mortgages.
The new MISMO group will be responsible for incorporating MISMO standards into the creation of a decision model which can be used to validate the underlying document structure and data of electronic notes. The group will also document and publish validation rules that can be used in the creation of eNotes. The validation rules will follow the Decision Model and NotationTM (DMNTM) standard to promote interoperability and exchange among mortgage industry participants. Read More Here.