This Week at Notarize Episode #9: Why You Should Care About MISMO's Standards on Remote Online Notarization
Last week was a special episode of "This Week at Notarize" where we talked about our partnership with Guaranteed Rate: one of the largest lenders in the country. If you missed the news, you can read coverage on TechCrunch, The Title Report, Inman, HousingWire or the National Mortgage Professional Magazine.
Yeah, it was a big day.
While it's tough to match last week's announcement, this week we're back with a new episode of the show. Recently, the Mortgage Industry Standard Maintenance Organization (MISMO) published a new set of industry standards around remote online notarization. This is important for a few reasons, but the biggest, is there is now standards and guidance for the entire real estate finance industry around using remote online notarization for executing digital mortgages. Or, in simpler terms: best practices for helping people close on their homes online.
Welcome back to the show!
Episode #9: Featuring Pat Kinsel
Here’s what you need to know about the new MISMO standards:
- MISMO sets standards and guidance for the entire real estate finance industry
- Its recent set of standards on remote online notarization provides the industry with guidelines developed by subject matter and industry experts
- It's important for Notarize because there is a set of best practices in the industry that are being adopted to ensure that digital mortgages are executed properly