The Mortgage Industry Standards Maintenance Organization (MISMO), a not-for-profit subsidiary of the Mortgage Bankers Association (MBA), is the leading technology standards development body for both the Residential and Commercial industry segments. Managed by MERS, MISMO promotes data consistency throughout the broader industry, reduces processing costs, increases transparency, and boosts investor confidence in mortgages as an asset class, while passing cost savings on to the consumer. More information about MISMO can be located on their website. For questions, please contact Gloria Zimmer at 800-646-6377.