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Business Glossary-Term List

Welcome to the MISMO Business Glossary - your online source of mortgage industry business terms and data point descriptions. Follow the links provided for Term Type; Focus Area; and Source descriptions; complete terms of authorized usage; and a more detailed description of the MISMO Business Glossary.  Search tip:  Use quotes for an exact search (e.g., "keyword or phrase"). 

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Remote Online Notarization

A Notarial Act performed by means of an electronic device or process that allows one or more Principals, who are not in the same physical location as the notary public, to complete a Notarial act and communicate with each other via a real-time online audio/video connection.

Term Source: MISMO Life of Loan

Term Type: Process

Focus Area: #eMortgage, #Origination

 

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