MBA Revitalizes MISMO Government Forum in Effort to Improve Industry Data Standards

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Posted To: MND NewsWire

The Mortgage Bankers Association (MBA) announced Wednesday it has revitalized its MISMO Government Forum. The group met last Friday as part of MISMO's Fall 2012 Educational Summit and Workshop to discuss broader adoption of MISMO data standards . MISMO is a not-for-profit subsidiary of MBA and is the premier technology standards development body for the mortgage industry. MBA views the Government Forum as a means to better share and exchange information between regulators, other government agencies and the mortgage industry about the benefits of broader adoption of these standards. Rick Hill, MISMO's Executive Vice President and MBA Associate Vice President for Industry Technology said "The Dodd-Frank Act's long list of new rules and regulations includes multiple new reporting requirements...(read more)

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Source: www.mortgagenewsdaily.com

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