Public comment sought for mortgage insurance guide

Dodd Frank Update

MISMO, the real estate finance industry's standards organization, has issued a request for public comment on its new mortgage insurance estimated rate quote guide. The implementation guide specification will help facilitate obtaining estimate mortgage insurance (MI) rate quotes in the JavaScript Object Notation (JSON) API format.

"MISMO is bringing more value, better and faster, to the industry and this API specification is part of our efforts to deliver standards to meet key business challenges," MISMO President Seth Appleton said in a release. "The API specification builds off our previous JSON work and will enable organizations to obtain MI rate quotes quickly and efficiently." Read More Here!