MISMO and SISAC

MISMO and SISAC are making great strides in the development of standards and secure transactions in the residential and commercial/multifamily market sectors. These efforts are leading the industry in technology standards and best practices.

MISMO

MISMO develops, promotes and maintains voluntary electronic commerce specifications for the mortgage industry. Through these, it provides open, standardized e-commerce transactions, an eMortgage technology framework and Information Security guidelines and methodologies. Established in 1999 by the Mortgage Bankers Association. MISMO encourages participation from all sectors of the industry. MISMO is a subsidiary of the Mortgage Bankers Association. Visit MISMO.

Secure Identity Services Accreditation Corporation (SISAC)

MBA is continuing to lead the development of security standards that enable secure electronic mortgage and B2B transactions through a common set of Digital ID and credentialing guidelines. A digital accreditation process performed by accredited auditors through SISAC, an MBA subsidiary, aims to achieve system commonality. Visit SISAC.

Technology Issues

Many of the advances of the last few years have been aided by legislation and regulation that provide for parity between electronic and traditional, paper-based transactions and by the rise of open standards. These two areas—transactional parity and open standards—remain the Mortgage Bankers Association’s (MBA) primary focus regarding technology issues. Select one of the following technology issues to learn more.

Cyber Security and Secure Online Identities
Electronic Signatures and eMortgages
Intellectual Property in Creating Standards
Open Standards