MISMO Releases SMART Doc Guide

Version 1.0 of a technical guide to the implementation of SMART documents has been released by the eMortgage Workgroup of the Mortgage Industry Standards Maintenance Organization.The SMART Document Implementation Guide provides more than 30 chapters of technical guidance on specifications for SMART (securable, manageable, archivable, retrievable, and transferable) documents, MISMO said. "This is the roadmap the industry has asked for," said Harry Gardner, senior director of industry technology at the Mortgage Bankers Association, which established MISMO in 2000. "This more detailed SMART Doc Implementation Guide will allow the industry to develop its own e-mortgage capabilities and pilot programs. The I-Guide will expand to keep up with the advancement of the standard." MISMO's eMortgage Workgroup was established in 2001 to develop electronic mortgage standards, specifications, and guidelines that correspond to federal law on electronic signatures and related matters. The MBA can be found online at http://www.mortgagebankers.org.