The Knowledge That Defines An Industry Leader
Founded in 1999 by the Mortgage Bankers Association (MBA), the Mortgage Industry Standards Maintenance Organization (MISMO) strives to develop, promote and maintain voluntary electronic commerce standards for the mortgage industry.
Dynatek has played an integral role in MISMO since its inception. Our company executives chaired the workgroups that drove the initial initiative for the mortgage application standard, and we continue to remain active contributors to the organization’s efforts. Dynatek has also played a key role in creating some of MISMO’s MXCompliance Certification Standards, which offer a method for vendors to earn certification trademarks. Dynatek’s MORvision is currently certified in several transaction areas. And, as the program expands, Dynatek will continue to provide input when asked, and plans to seek certification for all relevant origination-related transaction sets as they become available in the future.
MISMO’s efforts to develop, promote, and maintain voluntary electronic commerce standards for the mortgage industry have been shown by the MBA to significantly reduce operation costs, up to $250 per loan. Dynatek’s intimate knowledge of MISMO standards is ingrained in our MORvision systems, so you too can benefit from the same cost savings without having to ride out the learning curve.
Dynatek’s involvement with data standards doesn’t stop with MISMO. We strongly believe in the principles behind data standards, and we are committed to continue implementing them within MORvision. Data standards provide tighter integration with your third-party service providers, which means you don’t have to enter or re-verify as much data. We recognize that this has a direct and lasting impact on your organization’s accuracy and efficiency, providing a true competitive advantage and improving your bottom line.
Dynatek stands behind MISMO completely as we believe that data standards are the future of exchanging data. We look forward to the day when every segment of the industry is tightly integrated with MORvision through MISMO-powered Plug-Ins. Making the process of exchanging data easy will enable even more companies to Plug-In to MORvision, providing seamless connections that will make the entire mortgage process smoother and shorter for you.
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