MISMO Emerging Technology Workgroup to Focus on AI at Spring Summit

MISMO®, the real estate finance industry’s standards organization, announced that its Emerging Technologies Community of Practice will begin discussions focused on impacts of Artificial Intelligence within the mortgage finance industry. The discussions will take place at the MISMO Spring Summit in Portland, Ore., June 5-8, 2023.

“The question is not if, but how AI will impact the mortgage finance industry,” said MISMO President David Coleman. “MISMO will convene a group of relevant experts and practitioners to evaluate and plan for use of this transformational technology by our industry.”

Leah Price, Co-Chair of the Emerging Technologies Community of Practice and Vice President at Figure, said the purpose of the Emerging Technology Community of Practice is to identify and monitor new technologies and plan for how the industry will navigate the potential impacts. “We are starting the process now and expect to expand our work on AI in the coming months,” she said. 

The Emerging Technologies CoP will meet from 9:00 am- 12:00pm PT on Tuesday, June 6, 2023 at MISMO’s Spring Summit. Visit the Summit event page to view registration information; virtual and in-person attendance options are available.

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.