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MISMO releases version 2.1. (Tech Newz).

THE MORTGAGE INDUSTRY STANDARDS Maintenance Organization (MISMO) has released a set of data structures that are similar in format and contain common syntax and structures that range all the way from mortgage application through to the servicing process. This release of the 2.1 Logical Data Dictionary and Document Type Definitions (DTD) effectively triples the size of the standard by including additional significant business areas such as Servicing for Servicing Transfer transactions and Appraisal for real-estate property information standardization, according to MISMO. The 2.1 release also includes Credit Request and Response, Enveloping Request and Response, Mortgage Insurance Request Response and Title Request and Response. The Mortgage Bankers Association of America (MBA) established MISMO in January 2000 to develop, promote and maintain electronic commerce standards for the commercial/multifamily and residential mortgage industries.
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Title Annotation:Mortgage Industry Standards Maintenance Organization releases data structures to update electronic commerce standards, U.S.
Publication:Mortgage Banking
Article Type:Brief Article
Geographic Code:1USA
Date:May 1, 2002
Words:133
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