MISMO Q3 Newsletter
Third Quarter 2021 Issue
This summer is sizzling and so is MISMO. Thanks to all of you for helping make our Spring Summit one of our best-attended and most successful events!
Innovation Investment Fee Update
We are pleased to report that MISMO's new funding model, the Innovation Investment Fee, has been met with strong support from the industry. To date, more than 1,500 lenders of all sizes and business models have stepped up to support the industry's standards development efforts by paying the fee. Proceeds from the fee enable us to accelerate the industry's digital future and fund initiatives that provide value to lenders by solving key business challenges. Thanks to all who are supporting our industry by investing in next-generation solutions. More info can be found here.
Fall Summit is In-Person, Sept. 20-24. We Can't Wait to See you There!
Mark your calendars for our first in-person event in the past year and a half.
The MISMO Fall Summit is in Washington, DC Sept. 20-24.
The agenda, focused on Achieving Interoperability: The Path Forward, will be announced soon.
MISMO Seeks Public Comment on Green Utility Dataset for Commercial/Multifamily
Click here to learn about this new dataset that helps facilitate the efficient exchange of commercial/multifamily green utility data across the real estate finance industry. The public comment period runs through September 30.
Upcoming Webinars: Register Today for July 8 API Toolkit Webinar and July 12-13 Boot Camp
This Thursday's API Toolkit webinar, which is free to MISMO members, highlights the recommended practices for implementing MISMO-based APIs across the mortgage industry. Sign up link is here.
MISMO members receive discounted registration for this updated MISMO Boot Camp on July 12-13. This important class focuses on how MISMO operates and develops standards and how to effectively leverage MISMO's core components. Register here. Certain MISMO Champions receive complimentary registrations and can contact info@MISMO.org for more details.
eMortgage Technology Certification program
MISMO recently launched an eMortgage Technology Certification program to assist lenders in identifying products that comply with industry standards. This certification is part of MISMO's effort to support, advance, and increase the mortgage industry's adoption of digital solutions and is specifically designed to facilitate and encourage eClosing transactions. It also will assist lenders in identifying products that comply with industry standards. Read more here about RON and eClosing Systems certifications.
MISMO In the News
Be sure to read Paul Martin's article, which appeared recently in ALTA Title News and MBA NewsLink, about how data standards will benefit the title industry. Paul also notes we are looking for participants to join MISMO's Title and Closing Community of Practice. Recent MISMO news releases include those on the Green Utility Dataset, the approval of the Commercial Appraisal Dataset standard, Seth Appleton's recognition as a HW Rising Star, the new eMortgage Technology Certification program, and the updated MISMO Business Glossary.
MISMO Resources Available Now
LendingPad: iLAD Success Story
Our latest MISMO case study features LendingPad and its success using iLAD. LendingPad describes the benefits of MISMO standards: "In this complicated, ever-evolving industry, having industry standards makes it easy for different service providers to transfer data. It also increases the quality of the data exchange and reduces noise." Click here to download the PDF.
We would love to hear your business success stories. How have MISMO standards helped your business succeed? Contact us at info@MISMO.org.
Thanks for everything you do to help us achieve these MISMO successes!!