MISMO Wins 2021 HousingWire Tech100 Mortgage Award

An Executive Summary of MISMO Accomplishments

MISMO Resources

Check out MISMO Resources for an Executive Summary of MISMO Accomplishments

Congratulations to these RON-Certified Providers

A Common Language

Enabling the efficient exchange of information across the mortgage industry.

Laying the Groundwork

MISMO standards have created a foundation for driving innovation and value.

Serving the Mortgage Industry

Making the mortgage process more efficient and less costly for industry participants and consumers.

Let's Work Together

Discover the benefits of membership.

MISMO is the Language of Lending

Through broad industry collaboration, MISMO creates standards that support solutions to the industry's toughest business issues, reduce costs, and improve transparency and communications in housing finance.

Innovation Investment Fee

MBA and MISMO boards of directors endorsed a funding model of a $0.75 fee for all new loans, the billing occured in early February, 2021. For the first year only, the bill will include originations for the six-month period from July 1, 2020 through December 31, 2020. Learn more about the innovation investment fee here

Collaboration in Progress

Check out MISMO's recent Collaborative Efforts!

Residential & Commercial:
ESG CoP
Residential:
Next Gen MISMO RM DWG
Reference Architecture DWG
Servicing Transfers DWG
Commercial:
Commercial Appraisal DWG

MISMO Resources

Check out the MISMO Resources page for a summary of MISMO Accomplishments.

Click HERE to see what MISMO is working on! 

Get Certified

Become a Certified MISMO Standards Professional (CMSP®) and get recognized for your advanced knowledge of MISMO best practices, or enroll your products in the MISMO Software Compliance Certification Program to gain a competitive edge in the marketplace.

2022 Winter Summit

The MISMO Winter Summit will take place January 10-13, 2022 in Clearwater, FL.

The Latest News

  • MISMO Issues Call for Participants to Streamline the Exchange of Pre-Closing Title Data

    WASHINGTON, D.C. (November 22, 2021) - MISMO®, the real estate finance industry's standards organization, today announced it is seeking participants for a new initiative focused on standardizing pre-closing title document datasets in order to streamline the business process and improve efficiency.

  • MISMO Statement in Support of Ginnie Mae APM 21-07 Leveraging Standards to Permit Use of eSignatures and RON for Loan Modification Agreements

    “MISMO commends Ginnie Mae for recognizing and leveraging industry standards in allowing eSignatures and Remote Online Notarization (RON) for loan modification agreements.“An important component of Ginnie Mae’s action is that modifications transmitted electronically must be delivered only as MISMO SMART Docs® or PDFs. In addition, by utilizing the existing Digital Collateral Program Guide to expand the availability of RON for paper loan modifications, Ginnie Mae is ensuring that all participating RON platforms are in compliance with MISMO’s RON standards.

  • Ginnie Mae Permits eSignatures And RON For 'Paper' Mortgages

    “Ginnie Mae is committed to providing Issuers with the tools they need to make it possible for qualified homeowners modifying their mortgages to do so with as few obstacles as possible,” said Michael Drayne, Ginnie Mae’s acting executive vice president. “Tens of thousands of homeowners coming out of the forbearance and other pandemic-related mortgage relief programs may utilize mortgage modifications to improve their financial situation, and we believe this policy change will help make the process proceed more smoothly for homeowners and servicers.”MISMO also commends Ginnie Mae for recognizing and leveraging industry standards in allowing eSignatures and RON for loan modification agreements. “An important component of Ginnie Mae's action is that modifications transmitted electronically must be delivered only as MISMO SMART Docs or PDFs,” stated Seth Appleton, president of MISMO. “In addition, by utilizing the existing Digital Collateral Program Guide to expand the availability of RON for paper loan modifications, Ginnie Mae is ensuring that all participating RON platforms are in compliance with MISMO's RON standards.”

  • Rick Triola of NotaryCam: Worried About RON Storage? Stream It

    With every new technological advancement and update, there will be early adopters, latecomers and questions about how innovation will alter the status quo. One of the most powerful examples of this was the shift in the early 2000s in how consumers bought and listened to music. Back then, CDs and record stores were nearly ubiquitous, but as advances in technology and improvements in internet speed made streaming an easier and more viable option, consumers quickly adapted to this new reality, triggering a seismic shift in the music industry.

  • Public comment sought for mortgage insurance guide

    MISMO, the real estate finance industry’s standards organization, has issued a request for public comment on its new mortgage insurance estimated rate quote guide. The implementation guide specification will help facilitate obtaining estimate mortgage insurance (MI) rate quotes in the JavaScript Object Notation (JSON) API format.

  • MISMO invites comments for new mortgage insurer API standard

    The Mortgage Industry Standards Maintenance Organization is seeking comments on its JavaScript Object Notation application programming interface created to obtain private mortgage insurance quotes.

MISMO Champions

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