MISMO Seeks Public Comment on Updated Version 3 XML Reference Model General Information Guide

MISMO, the real estate finance industry’s standards organization, announced that it is seeking public comment on the updated Reference Model Version 3 XML General Information Guide. Previously known as the Version 3 General Information Guide, the new edition incorporates updates required for Version 3.6 XML Reference Model. The 30-day public comment period runs through July 31, 2023.

The Version 3 XML Reference Model General Information Guide provides an overview of the progression of the MISMO standards from Version 1 through Version 3.6.  MISMO recently released the final version of the Reference Model Version 3.6, which includes revisions in line with FHFA’s Uniform Mortgage Data Program, Uniform Appraisal Dataset 2, several structural maintenance update that enable the use of programmatic maintenance tools and updates to ensure consistency across the Reference Model collection.

The guide was updated to address XML-only orientation throughout, remove extraneous security details, enhance the Version 3.5 Reference Model and Product Expansion section, add the Version 3.6 Structural maintenance section and incorporate a new tribute section.  

This public comment period allows those who participated in the proposal at least 30 days’ notice prior to final release to review and disclose any applicable Patent Rights (as defined by MISMO’s 2018 Intellectual Property Rights Policy).   

MISMO requests that any organization that may have any patent or patent applications, or other intellectual property rights that might be infringed upon by an organization that uses or is compliant with these proposed MISMO products, to disclose them at this time in writing. All comments and disclosures are due by July 31, 2023, and should be directed to info@mismo.org

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.