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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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Mortgage Compliance Dataset (MCD)

A MISMO dataset that contains the loan data fields and delivery file format that lenders must provide regulators for the origination loan portfolio review portion of regulatory compliance examinations. In addition, the data standard to perform pre-closing, post-closing, secondary market, and regulatory compliance audits.

Term Source: MISMO (Non-LDD)

Term Type: Data

Focus Area: #Origination

 

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