The technology is designed to transform field observations into searchable portfolio data for lenders, servicers, and investors
Tagged: MISMO
Two certifications move the industry’s FRAME initiative from governance guidance toward product-level validation and implementation
Fannie Mae’s new requirements put AI oversight into practice, giving lenders a clear starting point for identifying risk and building responsible governance
Updated SMART Doc guidance signals the industry's focus has shifted from adopting eMortgages to standardizing digital closings at scale
New Candidate Recommendation white paper offers a roadmap for eClosing adoption, highlighting faster liquidity, fewer post-closing defects, and operational savings
New implementation guide standardizes mortgage insurance data exchange, helping lenders, insurers and technology providers prepare systems for newer credit scoring models
New data standards aim to streamline Certificate of Eligibility requests, reduce manual processing and speed VA loan originations
New definitions covering eHELOCs, remote online notarization, valuation modernization, and compliance initiatives aim to improve consistency
New FRAME toolkit gives lenders, servicers, and technology providers a roadmap for managing AI risk while supporting innovation
Wrapper Files support standardized data transfers between origination and servicing systems, with potential savings of $60 to $160 per loan