MISMO Releases Version 3.2 Reference Model

MISMO, the not-for-profit data standards subsidiary of the Mortgage Bankers Association (MBA), has announced the release of the Version 3.2 Reference Model (Candidate Recommendation) for a 30-day intellectual property rights (IPR) review. The IPR review period is the final opportunity for entities to submit any concerns over intellectual property infringement within the standard. Version 3.2 is a significant step forward in the evolution of the MISMO Reference Model and is the result of hard work and cross-collaboration among many participants in the mortgage industry. This version is a fully self-contained release of the MISMO Reference Model that includes the following new features, revisions and improvements from previous versions: ►Additional data elements and containers ►Enhanced data relationships ►Increased extensibility ►Improved attribute definition and handling ►Support for open content model abstraction