Remote Online Notarization (RON) Standards
MISMO created RON standards to promote consistency across mortgage industry practices and state regulations to allow the use of audio-visual communication devices to notarize documents in a virtual online environment. The RON standards have been thoroughly reviewed by a wide range of organizations and industry participants, and are ready for broad use across the entire residential mortgage industry.
In the interest of furthering adoption of RON and to encourage consistency in related state regulation, the standards are free to the public and do not require a license fee to use them. The standards include credential analysis, borrower identification, capturing and maintaining a recording of the notary process electronically, audio and video requirements, record storage, and audit trails.
MISMO's RON standards support model legislation that was developed by the Mortgage Bankers Association (MBA) and the American Land Title Association (ALTA), which multiple U.S. states are now using to enact RON laws in their jurisdictions. Furthermore, some states that enacted RON legislation have already utilized draft versions of the MISMO RON standards to implement their state law.
For more details, see September 2019 press release .
Accessing the Standard
- Are you a MISMO Member? If so, click HERE to access the standards within the Resource Library on MISMO Connect.
- Innovation Investment Fee Payers can access the RON Standards for Commercial Usage here.
- If you are not a MISMO Member click HERE to access the standards