MISMO Seeking Industry Input for Working Group – NMP Skip to main content

MISMO Seeking Industry Input for Working Group

Jan 30, 2013

MISMO is currently seeking interested parties to participate in a Development Workgroup (DWG) to help set industry-wide policy through the generation of a SMART Doc Implementation Guide (I-Guide). SMART Doc is an electronic document created to conform to a specification standardized by MISMO. A SMART document locks together data and presentation in such a way that it can be system-validated to guarantee the integrity of the document. SMART is an acronym for Securable, Manageable, Archivable, Retrievable, Transferable. The I-Guide project will detail the instructions and requirements for implementing interoperable MISMO version 3 SMART Docs in PDF format. The DWG will develop sample SMART Docs showing the PDF-specific implementation of features including, but not limited to, electronic signatures, pre-populated fields, interactive fields, conditional content, hidden fields, notary certificates, and recording endorsements. The group will meet for approximately one year with two one-hour conference calls per month.
About the author
Published
Jan 30, 2013
Insuring The Risk To Lenders At Closing

Traditional protections like title insurance and closing protection letters may leave lenders exposed to significant settlement, funding, and fraud-related losses

CHLA Uses Trump Mortgage Order To Renew Push For LO Comp Reform

Community lenders want more flexibility over employee compensation, closing-cost estimates, down payment assistance, and federal supervision of smaller IMBs

Servicers Begin Testing Systems Ahead of VA Partial Claim Deadline

VA lenders and servicers have until Nov. 28 to implement the new loss mitigation waterfall and Partial Claim Program

ROAD Act’s Housing Incentive May Be Too Small To Move Supply

Realtor.com finds the median city risks losing only about $84,000, although the policy could carry more weight in supply-starved Northeast and Midwest markets

CRA Proposal Could Reshape Bank Lending And Affordable Housing Investment

The OCC and FDIC would put more weight on lending while easing community development requirements for hundreds of banks

Fannie Mae AI Governance Deadline Arrives Aug. 6

Seller/servicers using artificial intelligence in origination or servicing must have formal policies, oversight, and vendor controls in place