Mortgage Bankers Association

27/08/2024 | Press release | Distributed by Public on 27/08/2024 20:45

MISMO Introduces New Platform for Building Standards at Fall Summit

RESTON, VA (August 26, 2024) -MISMO, the real estate finance industry's standards organization, today announced that it has partnered with Viant Eye to introduce MISMO Link TM, a new platform that will allow users to build and ultimately implement industry standards in a collaborative environment.

"MISMO Link is a game-changer for the mortgage industry, and we're excited to share this new asset," said David Coleman, President of MISMO. "MISMO Link will enable users to create standards quicker and more efficiently, thereby addressing some of the industry's toughest business challenges more effectively."

"Our goal with MISMO Link is to address the common frustrations in standards implementation. By providing a user-friendly platform that simplifies complex processes, we're enabling faster adoption and more consistent use of MISMO standards across the industry," said Benjamin Sherman, CEO of Viant Eye.

MISMO is the standards development organization for the mortgage industry and is the central point for collaboration among lenders, servicers, regulators, government agencies, insuring and guaranteeing agencies, GSEs, and technology providers. Developing and implementing industry standards that solve business, operational, and technological challenges is an important part of the cooperation happening at MISMO.

MISMO Link will serve as a centralized repository for all versions of MISMO Standards and facilitate standards development by providing a collaborative platform that can automate validation of mapping values and flags errors in real-time. The tool will be available for use by MISMO members later this year. Visit MISMO.org for more information.

MISMO's work to solve key business challenges is made possible by its members, champions, sponsors, and lender support through the Innovation Investment Fee. Visit MISMO.org to learn how you can get involved.