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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(MISMO Members)
A formal process to announce the intent to pursue development of a MISMO Product and solicit participation by interested parties.
Term Source: MISMO Governing Documents
Term Type: Event
Focus Area: #MISMOGOV
Development Process Document Only: 1. Failure to adhere to, or rejection of, the IPR or Antitrust Policies; 2. Repeated blatant disregard of MISMO-approved processes after receiving a written request from MISMO to cease and desist prohibited activities; and 3. Making endorsement claims prohibited of a MISMO Member (or that would be prohibited of a person or entity if they were a Member) under MISMO�s Bylaws or MISMO-approved processes. Policies and Procedures Only: 1. Failure to adhere to or rejection of the IPR or Antitrust Policies. 2. Repeated blatant disregard of these Policies and Procedures after receiving a written request from MISMO to cease and desist prohibited activities; and 3. Making endorsement claims prohibited of a MISMO Member (or that would be prohibited of a person or entity if they were a Member) under MISMO�s Bylaws or these Policies and Procedures.
Term Source: MISMO Governing Documents
Term Type: Event
Focus Area: #MISMOGOV
AUTHORIZED USAGE: All usage of this product is dictated by the terms and conditions within the MISMO 2018 Intellectual Property Rights (IPR) Policy. For more information, please see complete Authorized Usage / Patent Disclosure Request or contact [email protected].