BlueNotary Remote Online Notarization (RON) and eClosing platform is very pleased to announce that it is now a Certified eMortgage Technology Provider by MISMO® – the premier standards development body for the mortgage industry.
BlueNotary customers have the assurance that they can close documents and perform notarizations online in compliance with the MISMO standards. These include requirements for credential analysis and verification, audio/video quality, secure storage of notarial records, and bank-grade security protocols, etc.
What is MISMO?
MISMO is the Mortgage Industry Standards Maintenance Organization is a not-for-profit subsidiary of the Mortgage Bankers Association that serves as the standards development body for the mortgage industry. As a major authority in the mortgage banking industry, their standards are accepted and deployed by every type of entity involved in creating mortgages. They are required by most regulators, housing agencies, and the GSEs that participate in the industry.
What are the Key Benefits?
Like BlueNotary, MISMO is committed to leading efforts in creating a better digital mortgage experience for all parties involved in a real estate transaction. The advantages of MISMO certification showcased in the capabilities of the BlueNotary platform – built to simplify your business flow with the convenience and ease of online notarizations.
Some key points:
- Lower per loan costs throughout the mortgage workflow
- Improved margins
- Faster and more efficient loan closings
- Fewer errors
- Cost savings for consumers
- Reduced levels of fraud
To demo the BlueNotary eClosing product, please schedule here.