MISMO Title Workgroup Elects Leadership

February 2, 2012

The Mortgage Industry Standards Maintenance Organization (MISMO) Title Workgroup met during the MISMO Trimester Workgroup meetings in Jacksonville, Fla., Jan. 23-27, along with 12 other workgroups and 116 attendees focusing on data standards for the mortgage finance industry.

The Title Workgroup elected leadership for the coming year, including co-chairs Charlie Epperson of SigniaDocs and Mark Kleingers of eLynx. The workgroup reviewed the recently released MISMO Version 3.2 XLM standard, which is in public comment until Feb. 20, and found just one minor correction to report.

The Implementation Guides for eRemittance (standardizing remittance information between agent and underwriter) and eAgentValidation (standardizing agent validation information between lender and underwriter) standards were completed during the working meeting. They will remain in draft form pending final publication of MISMO Version 3.2 and will be updated as additional publication guidance for uniform MSIMO Implementation Guides becomes available. Both were developed by the ALTA Technology Committee and Underwriter Section Executive Committee in conjunction with MISMO

Questions may be directed to staff liaison Kelly Romeo at kromeo@alta.org.