MISMO®, the real estate finance industry’s standards organization, is seeking public comment on a revision to the previously published Mortgage Insurance Estimated Rate Quote API Implementation Guide & sample files. The 30-day public comment period runs through May 31.
Tag: Mortgage Insurance
MISMO Calls for Participants to Join New Workgroup on Application for Mortgage Insurance Benefits
MISMO, the real estate finance industry’s standards organization, issued a call for industry professionals to join a new development workgroup focused on creating an enhanced replacement for the existing Electronic Data Interchange 260 Application for Mortgage Insurance Benefits.
Fitch: U.S. Mortgage Insurers’ 2023 Performance Pressured by Inflation, Slowing Home Prices
Fitch Ratings, New York, said stronger headwinds brought on by a slowing U.S. economy and falling home prices will likely weigh on U.S. mortgage insurers next year.
Jim Paolino of Lodestar: Perfect Storm of Market Trends May Finally Drive Automation Focus to CX
The Great Resignation, in combination with a sharp pivot from refinance to purchase transactions, may force lenders to digitize back end functions that have long been manual.