SISAC Accredits VeriSign

Secure Identity Services Accreditation Corp., a nonprofit subsidiary of the Mortgage Bankers Association, has announced the accreditation of VeriSign Inc. as a credential service provider for the mortgage industry.VeriSign becomes the first credential provider to receive a SISAC accreditation. "Security is more important than ever in this day of online transactions, e-mortgages, and consumer data protection," said Regina M. Lowrie, the MBA's vice chairwoman and the chair of SISAC. "VeriSign is a world leader in certificate management, and we are happy to have them on board." Mariano Buitrago, principal technologist at Fannie Mae eBusiness, lauded the development as "the culmination of four years of collaborative work that will make it easier for industry partners to conduct electronic transactions with the high security levels expected in today's marketplace." SISAC develops and promotes minimum ID management standards (such as insurance and liability limits) by accrediting credential service providers that meet mortgage industry requirements. The MBA can be found online at http://www.mortgagebankers.org.