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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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MISMO Governing Documents Other #MISMOApprovedAcronym
LOS

Loan Origination System. A piece of software that automates the end to end loan manufacturing cycle.

Term Source: MISMO Governing Documents

Term Type: Other

Focus Area: #MISMOApprovedAcronym

WIP

Work in Progress. Any MISMO Standard or MISMO Collateral that is in the development process including a standard or collateral that has been sent to the public for comment.

Term Source: MISMO Governing Documents

Term Type: Other

Focus Area: #MISMOApprovedAcronym

 

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