“JSON is the technology of choice for mobile devices and lightweight transactions,” said Richard Hill, Executive Vice President of MISMO and Vice President, Industry Technology at the Mortgage Bankers Association (MBA). “Technologists have embraced JSON as a faster means of exchanging smaller pieces of information in innovative new ways to serve the mortgage industry and our customers. As mortgage lenders, software companies and third-party service providers collaborate to provide the ultimate consumer experience. MISMO standards will ensure that everyone is speaking the same language.”
JSON is a lightweight language for structuring data that is frequently used to exchange information through application programming interfaces (APIs) and mobile platforms. JSON usage has grown rapidly throughout the mortgage industry as more technology companies leverage APIs to share data. For example, JSON can be used to share information between different systems when lenders order mortgage insurance through an API link between a lender’s loan origination system and a third-party provider.
This activity builds upon MISMO’s first JSON initiative to develop standards for consumer transactions. With this expanded effort, MISMO hopes to create consistency within the growing number of transactions taking place in JSON format.
The MISMO JSON Development Workgroup will be responsible for creating:
MISMO guidelines for naming and structuring information in the JSON format
Example JSON reference implementations
Guidelines for maintaining conformance with the MISMO data standard
Educational materials and guidelines for implementing JSON standards
Those interested in participating in this collaborative, industry-wide effort should send an email titled “Join MISMO JSON Group” to by April 17, 2019. For more information about MISMO, visit www.mismo.org.