New milestones in the march toward electronic mortgage adoption, including guidance on implementation and an expanded certification program, have been reached, an industry standards organization said Thursday. "This year promises to be a breakthrough year for eMortgage adoption," said Chip Register, chair of the eMortgage Workgroup for MISMO, which stands for Mortgage Industry Standards Maintenance Organization. MISMO has established industry standards to help in making mortgages electronic. It is a not-for-profit subsidiary of the Mortgage Bankers Association. Its eMortgage Workgroup Thursday announced the release of four advancements toward its goal of broad-based eMortgage adoption. These accomplishments include eMortgage Guide 2.0, eMortgage Closing Guide 1.0, eMortgage Vaulting Guid...
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