MISMO enables the real estate finance industry to innovate and prosper by collaborating to create essential standards and best practices that solve the industry’s toughest business challenges. The company’s standards are helping to accelerate a fully digital mortgage process — end to end — and playing a significant role in helping the industry scale digital solutions. MISMO’s unique ability to bring the industry together to collaborate on next-generation solutions is generating big results. MISMO is the only organization that brings together lenders, servicers, vendors and the government to address challenges. By addressing these challenges, it saves these organizations and people time and money further enabling them to produce efficiencies across the entire mortgage ecosystem.
- The number of companies seeking to have their platforms become MISMO RON-Certified has doubled, from 8 to 17, with three more currently in the process of obtaining certification since last year.
- Over the past year, membership increased from 200 to over 300 organizations.
- One client reports that MISMO has exceeded the total number of eNotes registered last year, with 462,671 in 2020, and 547,142 as of November 2021
Loan Origination, Servicing