MISMO

MISMO plays an essential role as the central point for collaboration between lenders, servicers, regulators, insuring and guaranteeing agencies, GSEs, and technology providers, enabling the industry to achieve a more seamless and productive digital future.

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Veros Gets Compliant with Fannie on Electronic Data 

Jun 09, 2009By

On the heels of Fannie Mae’s [stock FNM][/stock] new appraisal standards, requiring that all appraisal reports be submitted electronically into the Mortgage Industry Standards Maintenance Organization (MISMO) database, Veros Real Estate Solutions announced its full compliance with the regulation. Lenders using Veros’ Valuation Risk Management (VRM) system for internal ordering, tracking and reviewing of appraisals will now have a direct and seamless connection to deliver those appraisals electronically to Fannie Mae, the solutions provider said Monday.

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