MISMO Seeks Participants for Title and Closing Docs to Data Workgroup
May 16, 2023
MISMO, the real estate finance industry standards organization, announced a call for industry professionals to join the Title and Closing Docs to Data Development Workgroup, which will focus on creating standards for frequently used title and closing documents that can readily be adopted by the mortgage industry to establish a consistent method of title data exchange between parties.
David Coleman, president of MISMO, said this effort is part of MISMO’s work to enhance interoperability throughout the industry.
“The DWG is currently focused on pre-closing and closing documents and will soon shift attention to post-closing documents, specifically the title policy long and short forms,” Coleman said. “MISMO invites industry professionals to join the DWG to ensure that the published work products comprehensively meet the needs of the industry.”
Individuals interested in joining this group who are already MISMO Members may join the Title and Closing Docs to Data Development Workgroup collaboration site that has been established on MISMO Connect. Those not already members or MISMO who would like to participate should contact info@mismo.org. Meetings are held on the first and third Wednesday each month from 2:00-3:00 p.m. ET, via video conference.
MISMO’s work to solve key business challenges is made possible due to lender support of the MISMO Innovation Investment Fee. For information on MISMO and how to join visit MISMO.org.
ALTA has several members that serve on the MISMO Liaison Work Group, which provides expertise and guidance to the work of MISMO to support the incorporation and maintenance of title data standards.
Contact ALTA at 202-296-3671 or communications@alta.org.