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Home » Store » Taxable » Industry Data Standards Make Upgrades More Efficient, Promise Long-Term Cost Reductions

Industry Data Standards Make Upgrades More Efficient, Promise Long-Term Cost Reductions

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Using the growing menu of data standards devised by the Mortgage Industry Standards Maintenance Organization can significantly streamline technology upgrade projects and lead to sharply lower operating costs, according to a new industry survey. MISMO, a subsidiary of the Mortgage Bankers Association, is an industry forum through which common standards are developed for sharing information both internally and with outside business partners. MISMO standards rely on a common dictionary of data terms used in the…
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