Mortgage Bankers Association

09/16/2025 | Press release | Distributed by Public on 09/16/2025 12:34

MISMO Seeks Comment on Federal Government Housing Agency Servicing Dataset

WASHINGTON, D.C. (September 16, 2025) - MISMO®, the real estate finance industry's standards organization, today announced that it is seeking public comment on a new Federal Government Housing Agency Servicing Dataset. The 30-day public comment period will run through October 16, 2025.

"The dataset is a comprehensive collection of MISMO data points and enumerations that establish a baseline standard for exchanging servicing information," said MISMO Acting President Rick Hill. "Initiated by the Department of Veterans Affairs Loan Guaranty Service (LGY), this effort supports the VA's future modernization goals and lays the groundwork for broader industry adoption of standard servicing data, which will strengthen consistency and efficiency in loan servicing."

With a consistent, reliable framework for servicing data, servicers and federal government housing agencies will be able to:
  • Respond faster when borrowers face financial hardship;
  • Target resources where they matter most;
  • Make policy decisions with real-time, trustworthy data;
  • Validate policy effectiveness with confidence;
  • Advance industry adoption of best practices;
  • Align with industry standards; and,
  • Improve the quality of data exchanged in a servicing transfer
The public comment period allows those who participated in the proposal at least 30-days' notice prior to final release to review and disclose any applicable Patent Rights (as defined by MISMO's 2018 Intellectual Property Rights Policy).

MISMO requests that any organization that may have any patent or patent applications, or other intellectual property rights that might be infringed upon by an organization that uses or is compliant with these proposed MISMO products to disclose them at this time in writing. All comments and disclosures are due by October 16, 2025, and should be directed to [email protected].
Mortgage Bankers Association published this content on September 16, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on September 16, 2025 at 18:34 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]