MISMO Seeks Public Comment on Consolidated SMART Doc FAQ

MISMO®, the real estate finance industry’s standards organization, today announced that it is seeking public comment on the Consolidated SMART Doc® FAQ document. The 60-day public comment period runs through July 15, 2024. 

The Consolidated SMART Doc® FAQ document combines information about the SMART Doc® V1.02 and SMART Doc® V3 Specifications into a single location.  Previously, there were separate FAQ documents for each specification type.

The SMART Doc® V1.02 is used industry-wide as the base for eNotes. The SMART Doc® V3 Specification was published to support the MISMO Version 3.x Reference Model. It includes 4 profile types: Basic, Retrievable, Tamper Evident, and Verifiable. The MISMO Verifiable Profile SMART Doc Development Workgroup anticipates that having information about both specifications in a single location will enable readers to find and become educated on the differences between the two specifications and help move SMART Doc® adoption forward.

The public comment period allows those who participated in the proposal at least 60-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 15, 2024, and should be directed to info@mismo.org.

MISMO’s work to solve key business challenges is made possible by its members, champions, sponsors, and lender support through the Innovation Investment Fee. Visit MISMO.org to learn how you can get involved.