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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Search on:Remote online notarization of electronic documents with use of multi-factor authentication.
Term Source: MISMO eMortgage
Term Type: Event
Focus Area: #eMortgage
The entity that owns or operates the Remote Online Notarization System, or is contracted with or through to provide access to the Remote Online Notarization System. AKA RON Provider.
Term Source: MISMO (Non-LDD)
Term Type: Actor
Focus Area: #eMortgage
The technology solution used to facilitate the Remote Online Notarization.
Term Source: MISMO (Non-LDD)
Term Type: Other
Focus Area: #eMortgage
Cryptographic has a function which takes an input and produces a 160-bit hash value known as a message digest, which is typically rendered as a 40-digit hexadecimal number.
Term Source: MISMO eMortgage
Term Type: Data, Other
Focus Area: #eMortgage
Cryptographic has function which takes an input and produces a 256-bit hash value known as a message digest, which is typically rendered as a 64-digit hexadecimal number.
Term Source: MISMO eMortgage
Term Type: Data, Other
Focus Area: #eMortgage
The industry-standard method for protecting web communications developed by Netscape Communications Corporation. The SSL security protocol provides data encryption, server authentication, message integrity, and optional client authentication for a TCP-IP connection. This term is also defined in the MERS eRegistry Procedures Manual available at members.mersinc.org.
Term Source: MISMO eMortgage
Term Type: Process
Focus Area: #eMortgage, #MBAGlossary
The Participant named on the MERS eRegistry that has been sold, pledged, assigned, or granted a security interest in the eNote by the Controller. This term is also defined in the MERS eRegistry Procedures Manual available at members.mersinc.org.
Term Source: MISMO eMortgage
Term Type: Actor
Focus Area: #eMortgage
The Participant that is authorized by the Secured Party to perform certain MERSeRegistry transactions on the Secured Party's behalf. This term is also defined in the MERS eRegistry Procedures Manual available at members.mersinc.org.
Term Source: MISMO eMortgage
Term Type: Actor
Focus Area: #eMortgage
An electronic document based on a MISMO specification that locks together a document's data, visual presentation, and signatures such that it detects subsequent tampering and can be programmatically validated to guarantee the original document's integrity. This term is also defined in the MERS eRegistry Procedures Manual available at members.mersinc.org.
Term Source: MISMO eMortgage
Term Type: Other
Focus Area: #eMortgage
A section within a MISMO SMART document that can capture the SMART Doc profile, the version number of the software, platform, or specification used to generate the document and the date and time that the document was generated.
Term Source: MISMO eMortgage
Term Type: Other
Focus Area: #eMortgage
An optional section in a SMART Doc that when present, contains entries that show the document's history, including corrections, additions, signings, validation, voiding, and editing of the document, including who edited the document, date and time of the edit, and the system that it was edited on.
Term Source: MISMO eMortgage
Term Type: Process
Focus Area: #eMortgage
The data section in a SMART Doc that captures the document's data and may include additional data or Metadata that is not viewable on the document.
Term Source: MISMO eMortgage
Term Type: Other
Focus Area: #eMortgage
In the MISMO reference model, individual related SMART Docs are grouped together as a document set.
Term Source: MISMO eMortgage
Term Type: Other
Focus Area: #eMortgage
A section of the SMART Doc that contains or points to style sheets for generating or populating document viewable images, based on the data in the Deal Sets, and/or the Signatories data. The MAP data can be used to verify that the data in the target VIEW element matches the data provided in the DEAL_SET and SIGNATORY elements.
Term Source: MISMO eMortgage
Term Type: Other
Focus Area: #eMortgage
The section in the SMART Doc that links data in different sections of the document. For example, a relationship can identify which Signatories are associated with a particular document View or link a Signatory to a party listed in the Deal Sets.
Term Source: MISMO eMortgage
Term Type: Other
Focus Area: #eMortgage
A section in the SMART Doc that contains information regarding the type of signature used to represent a legally binding signature of a specific party named in the document. Other data within this element may contain more detailed data about the signing event, such as its location, date and time as well as information about the notary certificate used in the notarial act that the notary memorializes in the document.
Term Source: MISMO eMortgage
Term Type: Other
Focus Area: #eMortgage
The section of the SMART Doc that represents a "tamper seal" of one or more parts of the document. The "tamper seal" provides a way to detect if a specified data section within the document has been changed since the date and time that the electronic seal was originally created. The SYSTEM_SIGNATURE element uses a security technology called the X.509 digital certificate. See Digital Signature.
Term Source: MISMO eMortgage
Term Type: Other
Focus Area: #eMortgage
The section of a SMART Doc that contains the actual presentation of the document that would appear on screen or on a printed output.
Term Source: MISMO eMortgage
Term Type: Other
Focus Area: #eMortgage
The Participant named on the MERS eRegistry that is authorized by the Master Servicer to perform certain MERS eRegistry transactions on the Master Servicer's behalf. This term is also defined in the MERS eRegistry Procedures Manual available at members.mersinc.org.
Term Source: MISMO eMortgage
Term Type: Actor
Focus Area: #eMortgage
Authoritative system recognized to establish the identity of the Controller of a registered eNote and the Location of the Authoritative Copy of the eNote. This term is also defined in the MERS eRegistry Procedures Manual available at members.mersinc.org.
Term Source: MISMO eMortgage
Term Type: Other
Focus Area: #eMortgage
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