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MISMO releases MXCompliance Title v2.3.2 MortgagePress.comMISMO, MBA, MXCompliance Title v2.3.2
MISMO has released the MXCompliance Title v2.3.2 Request and
Response certification, making it the fifth MISMO MXCompliance
certification available for integration in industry-related
technology business practices.
"The release of this Title certification is another step forward
for MISMO and the industry standards infrastructure," said Harry
Gardner, MBA's vice president of industry technology and head of
MISMO. "The MXCompliance Title Request and Response certification
allows organizations working in the title insurance industry to
affirm their support of, and compliance to, MISMO standards for the
transactions that help mitigate losses and protect property owners'
and lenders' financial interest in real property."
Compliance with MISMO standards is a vital feature for systems
and vendors because it reduces integration issues between different
applications and provides the greatest efficiencies to users. In
the MXCompliance Certification Program, implementers of MISMO's XML
standards work with a Test Guide created for the transaction of
interest. The test guide requires certification applicants to
process three different use cases in compliance with the MISMO
standard. As the industry continues to advance and adopt MISMO
standards, MXCompliance Certifications have become an important way
to demonstrate the highest possible level of support for the
standards. Although some vendors may claim that a product or
service "uses MISMO standards" or "complies with MISMO," only those
who have undergone MXCompliance testing may display the logo fully
supporting that claim.
Organizations attempting to earn certification submit the XML
instance files and other documentation required by the Test Guide
to the MXCompliance Web site and receive real time XML and business
rule validation results. Powered by eHereNow's/validate Web Service
technology, the MXCompliance engine assesses the submission files'
accuracy and ensures that organizations that earn MXCompliance
certification have implemented the standard in accordance with
MISMO's requirements.
To download the certification requirements, visit the
MXCompliance Web site at mxcompliance.mismo.org.
For more information, visit www.mortgagebankers.org.
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