MISMO Unveils XML Compliance

The Mortgage Industry Standards Maintenance Organization has announced the introduction of MISMO eXtensible Markup Language Compliance for credit reporting.MXCompliance allow implementers of MISMO's Internet-based XML standards to "reference requirements and take steps in becoming officially compliant" and to validate their XML, the Mortgage Bankers Association subsidiary said. There are three types of MXCompliance services: verification, import, and export. Verification is a service for businesses interested in buying certified products and services from organizations that claim to be MISMO-compliant, the organization said. The import and export services are used by applicants seeking certification (under MISMO standards) of their product or service interfaces. For further information on MXCompliance, visit http://mxcompliance.mismo.org.