Data Governance and Management Resources
Data management standards are needed to ensure the integrity, security and availability of mortgage data, especially when working with a variety of cloud-based and on-premise systems. MISMO's Data Governance and Management resources, developed by the Data Governance and Management Community of Practice are provided to enable organizations across the industry to leverage, adopt and implement data governance and management best practices in concert with adoption of MISMO industry standards.
Data Governance and Management Resources include:
- Data Governance and Management Framework Charter - Final
- Fit for Purpose Framework Sample - Final
- Data Governance and Management Program Implementation Resources Package - 60-day Member Comment Period
Data Governance and Management Program Implementation Resources Package
The Resource Package includes a series of templates, guides, and educational resources that can be used to establish a data governance and management program within an organization. The resource package was released for a 60-day member comment period runs through June 12, 2023.
The goal of these resources is to help companies across the mortgage finance industry develop best practices for implementing and operationalizing Data Governance and Management in their own organizations.
This resource is part of MISMO’s Data Governance and Management Community of Practice’s work to develop guides and templates to help organizations customize and implement their own data governance and management program.
This package contains the remaining resources to complete the program offerings:
- Data Management Strategy Template
- Data Management Communications Plan Template
- Roadmap Template
- Metrics Template
- Comparison on Maturity Models
Data Governance and Management Framework Charter
Provided as a benefit of a MISMO membership, the Data Governance and Management Framework Charter is designed to be used by the mortgage industry (or any industry) participants as a template for standing up a Data Governance & Management Organization within their entity. This document is the result of a collaborative mortgage industry effort. This template may be customized, as needed, to fit any entity's specific situation.
Fit for Purpose Framework Sample
The Fit for Purpose Framework Sample serves as sample guidelines to help organizations establish and summarize how to categorize and govern their data. This framework sample is meant to be customized to fit an organization's own data management structure and policy guidelines, as needed, or may be used 'as is'.
The Data Governance and Management Framework Charter were approved a FINAL in May of 2020
For more information contact [email protected]
This proposed MISMO Product (as defined in MISMO's 2018 Intellectual Property Rights Policy) was published for the purpose of providing an opportunity for comment on the product as well as to afford Participants (as defined in MISMO's 2018 Intellectual Property Rights Policy) who worked on this MISMO Product at least thirty (30) days' notice prior to final release of the product in order to review the product and disclose any applicable Patent Rights (as defined by MISMO's 2018 Intellectual Property Rights Policy). Disclosures should be submitted using MISMO's IPR Disclosure Form. Comments should be submitted to [email protected].
Any other use of this MISMO Product, including implementation, is prohibited at this time. At the conclusion of the IPR and Patent Review period, this MISMO Product will be published pursuant to MISMO's 2018 Intellectual Property Rights Policy and all applicable Product Licenses will apply.
Access Information for Members
MISMO Members can access the documents in the Resource Library housed on MISMO's Collaboration Site, "MISMO Connect" by following links below:
Data Governance and Management Program Implementation Resources Package
Data Governance and Management Framework Charter
Fit for Purpose Framework Sample