MISMO

MISMO's Vice President of Product, Jonathan Kearns, is participating on a panel about "AI, Data, Tech and Home Equity" as part of the Inman HEI & Home Equity Capital Markets event in Nashville on March 28. Kearns is joined by Nik Shah with Home.LLC, Andrew Ehrlich with Blend, Jason Randoing with Point, Sergio Murer CMB with Rate, and Sundeep Mathur with Tavant. The group will be discussing data-driven decisions, valuations and appraisals, investor-driven data and technology, customer engagement technology, underwriting tech and best practices, blockchain, consumer engagement and training tech - wow! We look forward to sharing Jonathan's insights from the event. #engagewithmismo #mortgage #homeequity

🔊MISMO today announced publication of an enhancement to the existing Commercial Appraisal Dataset. The update introduces JavaScript Object Notation (JSON) as an additional communication format alongside the current XML format which remains unchanged. Interested in learning more about the dataset? Visit the product webpage on mismo.org: https://lnkd.in/eydaEYQv

MISMO was featured in Fannie Mae's Selling & Servicing News this week! In the email, Fannie Mae encouraged lenders to join MISMO's Servicing Transfers Development Workgroup (ST DWG) and help shape the future of loan boarding.   ➡️ The Servicing Transfers Workgroup meets weekly to collaborate and create standards to streamline transfers for both servicers involved in the transaction, reduce portfolio degradation for investors, and limit potential negative impacts on borrowers.   ⭐ The most recent initiative has been the Loan Boarding Data Segment (LBDS) of the Industry Transfer of Servicing Dataset (ITSD). It's a comprehensive list of MISMO data points and enumerations designed to assist the industry in establishing a baseline standard for the boarding of newly originated residential mortgage loans. The LBDS complements the recently published MISMO Servicing Transfer Catalog, which provides best practices, templates, and resources for transferring a portfolio of residential loans from servicer to servicer.   👏 Thanks to Joey Prince, Shellpoint Mortgage Servicing, Chair and Rachael Macaulay, Flagstar Bank Home Loans, Vice-Chair for leading this integral group.   ❓ Are you a residential servicing transfer expert or a stakeholder who is interested in joining the Servicing Transfers workgroup? Contact the group's facilitator Erin Bittenbender. We'd love to have you join us! #mortgage #mortgageservicing #engagewithmismo

🔊 MISMO today announced that it is seeking public comment on the SMART Doc® V3 Security Instrument Specification. The 60-day public comment period will run through May 24, 2025: https://lnkd.in/esAsGMed

MISMO is pleased to announce that Amy Moses has joined the MISMO team as a Business Development Consultant, focused on growing member relations. Amy will be collaborating with MISMO members, lenders and vendors to ensure they understand the value MISMO is providing to their organizations and the industry at large. Her experience managing sales, marketing and education functions for a lender, MERS and ICE Mortgage Technology, as well as tech providers Snapdocs and EscrowTab, provides a strong foundation for her role with MISMO. Reach out to Amy with questions about how MISMO benefits your organization! #mortgageindustry #mortgage #mortgagefinance

🔊 MISMO today announced that it is seeking public comment on the Loan Boarding Data Segment, the first published subset of the Industry Transfer of Servicing Dataset: https://lnkd.in/eKPTe8m8

🚨MISMO® is seeking public comment on the Decision Models as a part of the Life of Loan Process Model. Industry practitioners can now access the Ability to Repay and Application Threshold Decision Models via the Life of Loan Process Model. These decision models were created as proofs of concept based off MISMO’s Ability to Repay and Application Threshold white papers.  The comment period that will run through April 12, 2025.

🚨MISMO® is seeking public comment on the latest version of the MISMO Life of Loan Process Model. Significant enhancements were made to the MISMO Life of Loan Process model. Highlights include adding new narratives related to housing counseling, electronic vaulting services, home equity loan products, reverse mortgages, producing a closing disclosure, getting title and settlement fees, and requesting a certificate of commitment from the Veterans Administration. The 30-day comment period will run through April 12, 2025.

🚨MISMO® is seeking public comment on recent updates to the MISMO Business Glossary. The 30-day comment period runs through April 9, 2025.  

🚨 MISMO today announced the publication of the SMART Doc® V3 Sample Package: https://lnkd.in/eEHcGkZ3