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MISMO

MISMO plays an essential role as the central point for collaboration between lenders, servicers, regulators, insuring and guaranteeing agencies, GSEs, and technology providers, enabling the industry to achieve a more seamless and productive digital future.

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MBA requests mortgage industry input on unified MISMO closing instructions 

Sep 05, 2017By

The MBA announced MISMO is requesting help from the mortgage industry as it seeks input on its new closing instruction industry standards. The MBA explained the new standards will improve communication and speed up the closing process. The MBA explained that a standard template for closing instructions will ensure the same type of information can be found in the same place on every lender’s closing instructions.

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