As part of a panel discussion held at this year's MBA National Technology in Mortgage Banking Conference and Expo, Phoenix, the Mortgage Industry Standards Maintenance Org. (MISMO) announced that the next step to promote industry adoption of the standards will include the development of MX Compliance Service.This product will act as an independent certification process to ensure that those companies claiming to be MISMO compliant are what they say they are. The first phase of the product is expected this summer. The next step is to test SMARTDoc eMortgage files. The second phase is expected to roll out later this year.
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