WASHINGTON, D.C. – RealEstateRama – MISMO, the mortgage industry’s standards organization, has been named a 2021 winner of HousingWire’s Tech100 Mortgage award. The award criteria were based on technology innovation and impact within the mortgage market.
MISMO eMortgage standards provide a framework for implementing all aspects of the digital mortgage process. MISMO’s submission focused on three innovative eMortgage initiatives: remote online notarization (RON) standards to further the use of audio-visual communications devices to notarize documents, RON certifications to support the integrity and scalability of eMortgages and MISMO SMART Docs®, which provide a technical specification and framework for representing documents in an electronic format. All eNotes are MISMO SMART Docs.
“Industry professionals use MISMO standards every time they originate a mortgage whether they realize it or not,” said Seth Appleton, President of MISMO. “This award recognizes the essential role that MISMO plays role as the central point for collaboration between all industry participants, allowing them to speak the same language and tackle the industry’s toughest business issues. We are pleased for this acknowledgement of our role in advancing the industry’s digital future.”
“These 100 real estate and mortgage companies took digital disruption to a whole new level and propelled a complete digital revolution, leaving a digital legacy that will impact borrowers, clients and companies for years to come,” said Brena Nath, HousingWire’s HW+ Managing Editor. “Knowing what these companies were able to navigate and overcome, we’re excited to announce this year’s list of the most innovative technology companies serving the mortgage and real estate industries.” For more information on the Tech100 awards visit here. Information on MISMO is at www.mismo.org.