3 Companies Dubbed MISMO-Compliant

Three companies from the credit reporting sector -- Bixby Consulting, Fair Isaac Corp., and Gallagher Financial Systems Inc. -- have completed the compliance certification process under the recently launched MISMO XML Compliance for credit reporting, according to the Mortgage Industry Standards Maintenance Organization.MISMO said MXCompliance allows implementers of its Internet-based XML standards to reference requirements and take steps toward becoming officially compliant, as well as validate their XML. There are three types of MXCompliance services: verification, import, and export. Verification is a service for businesses interested in purchasing certified products and services from organizations that are certified as MISMO-compliant. For a nominal fee, the verification service ensures that vendor products and services have maintained compliance with the products that were MXCompliance-certified. The import and export services are used by applicants seeking certification of their product or service interfaces under MISMO standards. MISMO is a not-for-profit subsidiary of the Mortgage Bankers Association.