MISMO Updates eModification Reference Flyer

Caitlin Groves cgroves@mba.org

MISMO®, the real estate finance industry standards organization, announced an updated version of its eModification Reference Flyer, an industry resource designed to help servicers and other mortgage organizations easily navigate the investor requirements for electronically-signed loan modification agreements (eModifications). This tool is part of MISMO’s ongoing mission to enhance efficiency throughout the mortgage industry.

“The MISMO eModification Reference Flyer helps provide clarity around investor requirements and reduces obstacles for using eModifications, resulting in fewer errors, automated validations, improved borrower experience, and increased efficiency,” said Seth Appleton, President of MISMO. “The flyer is part of MISMO’s ongoing mission to enhance efficiency throughout the mortgage industry.”

MISMO’s updates address changes announced in APM 21-07: eSignatures and Remote Online Notarization guidance by Ginnie Mae in late 2021, which leverage MISMO standards. 

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.