Skip to main content

MISMO Forming Title And Closing Docs To Data Workgroup  

May 12, 2023
Analyzing regulations

Will focus on creating standards for frequently used title and closing documents.

The Mortgage Industry Standards Maintenance Organization (MISMO) on Thursday said it is seeking industry professionals to join the Title and Closing Docs to Data Development Workgroup (DWG).

The DWG will focus on creating standards for frequently used title and closing documents that can be readily adopted by the mortgage industry to establish a consistent method of title data exchange between parties. This effort is part of MISMO’s work to enhance interoperability throughout the industry.

“The DWG is currently focused on pre-closing and closing documents and will soon shift attention to post-closing documents, specifically the title policy long and short forms,” said David Coleman, MISMO president. “MISMO invites industry professionals to join the DWG to ensure that the published work products comprehensively meet the needs of the industry.”

Anyone interested who is already a MISMO member may join the Title and Closing Docs to Data DWG collaboration site that has been established on MISMO Connect. Those not already members of MISMO who would like to participate should contact MISMO via [email protected]. Meetings are held on the first and third Wednesday of each month from 2–3 p.m. ET via video conference. 

MISMO is a subsidiary of the Mortgage Bankers Association.

About the author
David Krechevsky was an editor at NMP.
Published
May 12, 2023
What The CFPB’s 2025 Priorities Memo Means For Lenders

As mass layoffs at the agency are paused, law firm Garris Horn’s Senior Partner calls memo’s info, detail a ‘huge win’

CFPB Changes Course, Reportedly Chops Down Staff

Consumer finance watchdog’s headcount reportedly at about 12% as internal memo calls for focus on mortgages, big banks

FHFA Refers NY AG Letitia James To Justice Department For Alleged Mortgage Fraud

Agency claims James falsified documents and records to obtain lower mortgage rates

CFPB Re-Emerges, Offers Regulatory Relief For Certain Small Loan Providers

CHLA calls relief from registration reg a win for small independent mortgage banks

MBA Renews Its Fight Against Trigger Leads

The 'Homebuyers Privacy Protection Act' greets the U.S. House and Senate once again

Over 100 Fannie Mae Workers Terminated Over Alleged Fraud

Employees fired in sweeping anti-fraud effort as new FHFA Director Bill Pulte prioritizes integrity