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Feature Uses industry standard MIMO XML with Embedded PDF. Updated forms software available from major appraisal software vendors. Benefits Commonalities with conventional mortgage appraisal portal
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What is uses industry standard mismo?
Uses industry standard mismo is a data standard used in the mortgage industry to streamline and improve the exchange of information between different entities.
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Lenders, servicers, mortgage investors, and other entities in the mortgage industry are required to file uses industry standard mismo.
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The purpose of uses industry standard mismo is to improve the efficiency, accuracy, and transparency of data exchange in the mortgage industry.
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Information such as borrower details, property information, loan terms, and financial data must be reported on uses industry standard mismo.
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