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New MISMO reference model includes reverse mortgages

Summary by HousingWire
After embarking on an ambitious project designed to ease the technological processes and interfaces of the reverse mortgage industry compared to traditional mortgage workflows, the Mortgage Industry Standards Maintenance Organization (MISMO) announced this week that the latest version of its reference model includes reverse mortgage features. On Tuesday, MISMO announced that the new version has reached “candidate recommendation status.” The grou…
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HousingWire broke the news in on Wednesday, May 28, 2025.
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