Application Threshold Decision Model and White paper

The Application Threshold Decision Model and White Paper were created by the MISMO Decision Modeling Community of Practice to demonstrate the impact of decision modeling in the mortgage process. This work product is a white paper and shareable decision model designed to determine when the application threshold is crossed, in accordance with the Application Threshold rule as expressed by the Real Estate Settlement Procedures Act (RESPA).

Many mortgage industry participants perform the Application Threshold decision using their own unique systems, which means there are no standard mechanisms for determining the Application Threshold across the industry.

The Application Threshold Decision Model and White Paper demonstrate how standardizing the process can enhance business efficiency and communication. The MISMO Decision Modeling Community of Practice recommends the Decision Model and Notation (DMN) as the standard for mortgage industry documentation, implementation, and execution of business rules and decisions. The white paper is accompanied by the Application Threshold decision model expressed as a shareable DMN XML file.

This public comment period allows those who participated on the proposal’s 30-day notice period prior to final release to review and disclose any applicable Patent Rights (as defined by MISMO’s 2018 Intellectual Property Rights Policy).   

MISMO requests that any organization that may have any patent or patent applications, or other intellectual property rights that might be infringed upon by an organization that uses or is compliant with these proposed MISMO products, to disclose them at this time in writing. All comments and disclosures are due by December 1, 2022, and should be directed to [email protected]


Access Information for Members

MISMO Members can access the Product in the Resource Library housed on MISMO's Collaboration Site, "MISMO Connect" here.

Access Information for Non-Members

Non-MISMO members can access the product here.


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